homemarket Newsdata NewsHere are the 10 most expensive stocks on BSE and how they performed over the years

Here are the 10 most expensive stocks on BSE and how they performed over the years

Here are the 10 most expensive stocks on BSE and their performances over the years.

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By Jyotindra Dubey  Aug 30, 2018 9:49:39 AM IST (Updated)

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Here are the 10 most expensive stocks on BSE and how they performed over the years
One share of MRF Ltd, India’s largest manufacturer of tyres, is currently trading at well over Rs 70,000 and it closed at Rs 73,351 on Tuesday.

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MRF is the most expensive stock listed on the Bombay Stock Exchange (BSE) going by the per share price.
You can either buy a premium bike or an Apple iPhone 8 plus for that amount. At such price, the stock is certainly out of reach of an average retail investor.
MRF is followed by Page Industries, which closed at Rs 35,946 apiece on Tuesday.
Similarly, any investor will have to spend at least 25,000 to own one share of Eicher Motors and 3M India.
Due to its high share price, an average retail investor misses out on buying these stocks. But what is the opportunity cost of missing out on these shares?
We did a quick exercise to find out the 10 most expensive stocks listed on BSE and how much money have they actually made for investors in the last one year and in the last five years.
Five out of 10 stock outperformed the benchmark index, Sensex, in last one year performance and 30-share index recorded a one year return of 22 percent.
Page Industries comes out as the best performer among these stocks in the last one year.
The Page Industries is also known as Jockey India, is the licensee of Jockey International and Speedo in India and Sri Lanka. The stock returned more than 100 percent to its shareholders in the last one year.
 
The stock price of Page Industries hit Rs 36,000 mark on August 28, this marked its 100X journey or 9,900 percent returns to the shareholders from the IPO issue price at Rs 360 per share.
3M India followed Page Industries with a one year return of around 74 percent. Honeywell Automation and Nestle India also gave more than 60 percent returns in the last one year.
However, Eicher Motors, Bosch and Polson gave negative returns during the same period.
Despite giving negative returns in the last one year, Polson proved to the best pick in the lot going by shareholder’s return in the last five years.
The stock recorded a massive 1,242 percent return to its investors during this period. Polson is followed by Honeywell Automation, Eicher Motors and Page Industries.

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