What is the most expensive share to buy

One of India's most expensive stocks is that of the Madras Rubber Factory (MRF). You'll be astonished by MRF's development. The business was founded in 1946 as a toy balloon manufacturing company in Madras by Mr. K.M. Mammen Mappillai.

MRF's share price was Rs.11 when it launched its IPO in 1990, and it just surpassed the INR 95,000 mark per share mark. INR 73,880 is the company's stock's current market value.

Award-winning MRF Tyres is a worldwide tire manufacturer. Sport (Car Race) and sponsorship are two areas where it's active (and well-known). It's amazing how these little businesses have grown into some of India's most valuable investment opportunities.

Aside from MRF, there are a number of stocks that may be deemed expensive as far as their share prices are concerned. This post lists the 5 most expensive stocks that you can buy in the Indian stock market.

What is the most expensive share to buy

Madras Rubber Factory is referred to as MRF for short. It all began in the backyard of Mr. K. M. Mammen Mappillai in Madras, Tamil Nadu, as a modest toy manufacturing facility. This rubber balloon factory with only $14,000 in the capital was still producing balloons as well as contraceptives and toys by the time it was sold in 1949.

This tiny toy factory became a multinational conglomerate with a sole emphasis on the tire industry. In terms of worldwide size, it is the fourteenth biggest tire manufacturer globally. Indian tire manufacturing was completely reliant on foreign imports prior to the mid-1930s, and there was no local market for the product.

Companies began to emerge and expand throughout the 1930s, as the decade came to a close. MRF has not only raised the bar for the tire industry but has also ushered in a number of new technological developments. There are contributions in automotive, paint, sports accessories, military and toy production from this brand's growth as a business.

2. Honeywell Automation India Limited

Honeywell automation is a division of Honeywell USA., which is a multinational corporation. The company's headquarters are in California, but it maintains nine offices in India, in Mumbai, Chennai, Kolkata, Jamshedpur, Pune, Baroda, Hyderabad, Bengaluru, and Gurgaon, in addition to one in the United States.

They operate on the premise that there is no need to wait for the future when you can create it. Tata Honeywell was a joint venture between Tata Group and Honeywell. In 2004, the business endeavor came to an end. The business is well-known in the software industry for its automated, cutting-edge solutions.

For many years, it has worked in the fields of combustion controls (including environmental controls) as well as integrated automation (including software solutions). The business has a market capitalization of about $350 million and is included on the Fortune India 500 list. For the benefit of the general public, it is traded on the NSE and the BSE.

3. Shree Cement Limited

Shree Cement was established in 1979 and is now a publicly-traded business on the Mumbai Stock Exchange (both BSE and NSE). Even though it was established in Ajmer, its main office is now in Kolkata. The business has expanded by orders of magnitude throughout the course of its existence, which now spans about four decades.

In terms of cement capacity, it's one of the top three firms in the sector. The business also ranks among the top 50 largest by market value, has a massive waste heat recovery facility, and recently bought the Union Cement Company of the United Arab Emirates for $305 million.

Many brands of cement are sold under the Shree Jung Rodhak, Bangur, and Rockstrong names. This firm is also involved in the energy business. Shree Power and Shree Mega Power are the company's power brand names.

The majority of the company's facilities are located in North and East India. In addition, it has a factory in the southern Indian state of Karnataka. The Indian cement industry is booming because of the government's drive for infrastructure development. This bodes well for the industry's future.

4. 3M India

In the past, Minnesota Mining and Manufacturing Company, an American multinational conglomerate, was the company's official name in India. 3M India's slogan is Science Applied to Life. The business is involved in a wide range of industries, but it is best recognized for its work in the healthcare, consumer, industrial, and energy sectors, where it manufactures and trades goods.

It sells goods to both companies and private individuals. It offers a broad selection of goods. Some of the most well-known items include Scotch-Brite, Scotch Tape, Scotchguard Glue, Post-It Notes, and so on. Businesses may choose from a wide variety of goods, including adhesives, surgical treatments, dental supplies, paint protection films, signage, and window films.

5. Page Industries

Jockey, a product of Page Industries, is well-known. It is the Indian and Sri Lankan licensee for Jockey International (USA) and Speedo. This business was established in 1994 by the Genomal family. On July 29, 2007, Page Industries went public on the NSE and BSE.

After becoming a publicly-traded business, the shares went from being worth 600 to being worth 18,305.65 today, making it the fifth-most valuable stock in India. They produce Jockey outerwear and innerwear for men as well as ladies in the following countries: Bangladesh; Sri Lanka; United Arab Emirates; Nepal.

With a total of 286 high-street locations, 98 shopping mall locations, and 384 exclusive brand shops, Jockey has a sizable presence in India (as of September 2017). In addition, it is the exclusive and exclusive licensee in India for the production, marketing, and distribution of Speedo goods.

Speedo is a manufacturer of high-quality swimwear with extensive experience. Speedo's mission is to motivate and excite individuals to join the Speedo swimming community. Speedo is the global leader in swimwear, with a share of more than 50%. Since its inception six years ago, Speedo India has grown to 1286 outlets in 86 locations throughout the country.

Additional shops are located in 18 cities throughout the country including 18 special brand stores in Mumbai and Chennai.

What is the most expensive share to buy

If you are mulling over the thought of investing in any of the above-mentioned stocks, be aware that the price of the stock isn’t an indicator of the stock’s quality. You must perform your own due diligence before taking the plunge and investing your hard-earned money.

What is the most expensive stock in the world? It belongs to Warren Buffet or his Berkshire Hathaway to be precise. As of this writing, BRK.A is trading at $303,100 apiece on NYSE. The holding company has a wide range of portfolio, from wholly owned companies like Dairy Queen and Netjets to minority holdings in blue chips such as Apple, Coca Cola and Wells Fargo. For the rest, here’s our complete and updated list of the most expensive stocks in the world in 2022:

  1. Berkshire Hathaway – $303,100.00
  2. Lindt & Sprüngli AG – $72,037.79
  3. Next Plc – $6,553.89
  4. Seaboard Corporation – $4,019.26
  5. NVR Inc. – $2,900.02
  6. Booking Holdings Inc. – $2,033.79
  7. Amazon Inc. – $1,500.25
  8. Markel Corporation – $1,116.30
  9. Madras Rubber Factory Limited – $1,109.73
  10. Alphabet Inc. – $1,084.14

If you are a safe investor, you are better off putting your income in secure options like term deposits and bonds. But if you have an appetite for risk, consider investing in stocks. Goodfinancialcents.com reveals that at the average annual stock market return is 7%. You can maximize your returns from the stock market by thinking long-term, getting advice from a knowledgeable finance professional, and by avoiding funds that charge high fees.

To give you further guidance, here are useful investing facts and stats gleaned from Fool.com: Invest in an affordable broad-market index fund as it can outperform most of the managed stock mutual funds. In addition, dividends can boost your investing. However, avoid excessive trading and day trading as it can impact your returns. Inflation cuts purchasing power by half. This means over 20 years, the purchasing power of $100,000 becomes just $54,000. Finally, stocks (S&P 500) have risen 1,100-fold over the past 70 years.

What is the most expensive share to buy

In this article, we provide details about 10 blue chip stocks that are currently the most expensive in the world. You will not go wrong by investing in any of them, but ensure to sell your shares at the opportune time to make the most of your investment. Here then are the top 10 most expensive stocks as of 2022.

10. Alphabet Inc. – $1,084.14

What is the most expensive share to buy

Alphabet Inc. is the new name of Google after it restructured in August 2015. The company’s Class C shares trade in NASDAQ. Google was founded in 1998 by Sergey Brin and Larry Page. Starting off as a search engine, Google has today branched into the fields of biotechnology, venture capital, telecommunications equipment, health care, and computer software. Alphabet Inc.’s market cap is $751.58 billion and it earned revenue of $110.86 billion in 2017. India-born Sundar Pichai is the CEO of Google, while Larry Page continues to be the CEO of Alphabet Inc.

9. Madras Rubber Factory Limited – $1,109.73

What is the most expensive share to buy

India-based Madras Rubber Factory (MRF) Limited is a surprise new entry in this list. The company’s stock price has soared in recent times thanks to increased revenue of late. It is India’s largest tire manufacturer and has a 24% market share of the tire industry in the country despite the entry of cheaper Chinese imports.

MRF also has business interests in sports goods, toys, rally sports, and paints. The main reason for the high share price is that just over three million shares are available for trading which means the company’s market cap is relatively low. In addition, MRF hasn’t split its stock which helps to maintain the high price. The company has eight tire manufacturing centers in India and exports to 65 countries.

8. Markel Corporation – $1,116.30

What is the most expensive share to buy

Markel Corporation is a financial holding company that was founded by Samuel Markel in Virginia in 1930. The company has an interesting origin. In 1920, a new law mandated that all buses and taxis should be insured. Markel was not able to find an insurance company for the purpose, so he founded a mutual insurance company named Mutual Casualty Association. Later, the company name was changed to Markel Corporation and it has its headquarters in Henrico County, Virginia.

Markel Corporation is a Fortune 500 company. It specializes in providing coverage for hard-to-place risks for a range of markets including: yachts, ATVs, and motorcycles, environmental pollution, inland marine coverage for fine art collections, event cancellation insurance for sporting events, concerts, and weddings, reinsurance for high-risk enterprises such as oil rigs, and agricultural and equine risks.

7. Amazon Inc. – $1,500.25

What is the most expensive share to buy

Amazon.com is America’s largest e-commerce company and is based in Seattle, WA. It sells a range of products including electronics, video games, jewelry, toys, furniture, food, software, apparel, and more. The company also makes and sells consumer electronics items like Kindle e-book readers and Fire tablets. Amazon is the also the leading player in the cloud infrastructure services (IaaS) market. The company was founded by Jeff Bezos in 1994. Amazon’s stock price in NASDAQ has risen steadily over the past few years, increasing Bezos’ net worth to about $104 billion, making him the richest person on the planet currently.

6. Booking Holdings Inc. – $2,033.79

What is the most expensive share to buy

Booking Holdings Inc. was formerly known as the Priceline Group. The company’s NASDAQ ticket has also changed to BKNG from PCLN. The name change was done to place importance on the company’s biggest brand – reservation website Booking.com – which has over 1.5 million listed properties. Booking.com had the second largest travel agency brand share last year globally behind Chinese firm Ctrip. It provides travel services in 220 countries through six online brands.

Hotel and vacation rentals offer greater margins than selling flights, as airline commissions have reduced and carriers are trying to get more traffic on their own websites, where they also offer vacation packages and co-branded credit cards. Booking Holdings has beefed up its listing of vacation rentals recently to compete with fast-growing platforms liks Airbnb. The company reported revenue of $12.7 billion in 2017, up 18% from 2016.

5. NVR Inc. – $2,900.02

What is the most expensive share to buy

This company was founded as Ryan Homes in 1940. It changed its name to NVR Incorporated in 1980. NVR Inc.’s main business is home building and mortgage. They construct and sell buildings and homes under the brand names Heartland Homes, NV Homes, Rymarc, and Ryan Homes. The company has constructed more than 365,000 homes thus far in the US. NVR Inc.’s current CEO is Paul C. Saville. The company reported revenue of $6.30 billion in 2017 and net income of $537 million for the year.

4. Seaboard Corporation – $4,019.26

What is the most expensive share to buy

Seaboard Corporation is a Fortune 500 giant with revenue of $5.81 billion in 2017. The company’s main business is pork production and processing as well as ocean transportation. Internationally, Seaboard is also involved in commodity merchandising, grain processing, sugar production, and electrical power generation. The company owns 30 container vessels. Seaboard Corp. employs about 23,000 people and is headquartered in Merriam, Kansas.

3. Next Plc – $6,553.89

What is the most expensive share to buy

Next (LSE: NXT) is a British multinational footwear, clothing, and home products retailer based in Enderby, Leicestershire. It operates around 700 stores, with 500 in the UK and Ireland, and about 200 in continental Europe, the Middle East and Asia. Next is the largest clothing retailer by sales in the UK overtaking Marks & Spencer in 2012.

Next operates three main channels: Next Retail, a chain of 550+ retail branches in the UK and Ireland; Next International, with more than 180 international stores; and Next Directory, a home shopping catalog and website with over three million active customers. Its other ventures include Next Sourcing, for own brand products; and Lipsy, which designs and markets its own branded fashion products for women via online, wholesale, and retail channels. Next Plc reported revenue of £4.1 billion ($5.6 billion) in 2017 and group profit before tax of £790 million   ($1.09 billion) for the year.

2. Lindt & Sprüngli AG – $72,037.79

What is the most expensive share to buy

Lindt & Sprüngli AG, popularly known as Lindt, is a Swiss confectionary and chocolatier company founded in 1845. It is renowned for chocolate bars and truffles, among other sweets. The company began way back in 1836, when David Sprüngli-Schwarz and his son Rudolf Sprüngli-Ammann purchased a small confectionery shop in Zürich. In 1994, Lindt bought the Austrian chocolatier Hofbauer Österreich, in 1997 it acquired the Italian chocolatier Caffarel, and in 1998 the American chocolatier Ghirardelli.

Lindt operates six factories in Europe and the UK. In addition, the Caffarel factory is located in Italy and the Ghirardelli factory in San Leandro, California. Lindt also runs eight chocolate cafés in Australia: four each in Sydney and Melbourne.

1. Berkshire Hathaway – $303,100.00

What is the most expensive share to buy

Berkshire Hathaway Inc. is indisputably the numero uno in this list of most expensive stocks in the world. Its class A shares traded at $303,100.00 per share on the NYSE at the time of writing this article. Berkshire Hathaway is a multinational conglomerate that wholly owns the companies FlightSafety International, NetJets, Fruit of the Loom, GEICO, Helzberg Diamonds, Lubrizol, Dairy Queen, and BNSF. The company has significant minority holdings in blue chip companies such as Apple, American Express Coca-Cola, and Wells Fargo. Berkshire Hathaway’s CEO Warren Buffett is known as the “Oracle of Omaha” for his shrewd investing acumen. His 2017 net worth of $85 billion makes him the third richest person in the world.

What is the most expensive share to buy

Allan Jay is FinancesOnline’s resident B2B expert with over a decade of experience in the SaaS space. He has worked with vendors primarily as a consultant in the UX analysis and design stages, lending to his reviews a strong user-centric angle. A management professional by training, he adds the business perspective to software development. He likes validating a product against workflows and business goals, two metrics, he believes, by which software is ultimately measured.