 "6 stocks that are trading 2,000 times above their face value")
MRF - the most expensive stock in terms of share price in India - is currently trading nearly 6,915 times its face value of Rs 10 per share at Rs 48,781 levels at the bourses.
Besides MRF, five stocks – Eicher Motors, Tata Consultancy Services (TCS), Page Industries, Britannia Industries and Honeywell Automation - are trading at over 2,000 times their respective face values.
Maruti Suzuki India that hit a record high of Rs 10,000 on the BSE in intra-day trade is quoting at 1,975 times its face value. Over the past one week, the stock has rallied 10% and crossed Rs 3-lakh crore in market-capitalisation in early morning deals on Wednesday.
Here is the complete list:
| Company | 30-12-16 | Latest | % chg | FV* | Times# |
| MRF | 48781 | 69151 | 41.8 | 10 | 6915 |
| Eicher Motors | 21812 | 30388 | 39.3 | 10 | 3039 |
| TCS | 2362 | 2577 | 9.1 | 1 | 2577 |
| Page Industries | 13723 | 24800 | 80.7 | 10 | 2480 |
| Britannia Inds. | 2882 | 4732 | 64.2 | 2 | 2366 |
| Honeywell Auto | 8986 | 20641 | 129.7 | 10 | 2064 |
| Bosch | 20999 | 19982 | -4.8 | 10 | 1998 |
| Maruti Suzuki | 5323 | 9874 | 85.5 | 5 | 1975 |
| Orissa Minerals | 2112 | 1952 | -7.6 | 1 | 1952 |
| CRISIL | 2211 | 1859 | -15.9 | 1 | 1859 |
| Hero Motocorp | 3045 | 3786 | 24.4 | 2 | 1893 |
| Shree Cement | 14725 | 17720 | 20.3 | 10 | 1772 |
| 3M India | 11155 | 16225 | 45.4 | 10 | 1623 |
| Dalmia Bhar. | 1356 | 3246 | 139.4 | 2 | 1623 |
| WABCO India | 5211 | 7207 | 38.3 | 5 | 1441 |
| Piramal Enterp. | 1621 | 2868 | 76.9 | 2 | 1434 |
| Motil.Oswal.Fin. | 522 | 1438 | 175.3 | 1 | 1438 |
| Hind. Unilever | 826 | 1360 | 64.6 | 1 | 1360 |
| Emami | 956 | 1331 | 39.2 | 1 | 1331 |
| Tide Water Oil | 5567 | 6602 | 18.6 | 5 | 1320 |
| Avanti Feeds | 491 | 2586 | 426.7 | 2 | 1293 |
| Balkrishna Inds | 1102 | 2524 | 129.1 | 2 | 1262 |
| Asian Paints | 891 | 1140 | 27.8 | 1 | 1140 |
| Alkem Lab | 1627 | 2155 | 32.5 | 2 | 1077 |
| United Breweries | 782 | 1080 | 38.2 | 1 | 1080 |
| Colgate-Palm. | 906 | 1080 | 19.3 | 1 | 1080 |
| Bajaj Finserv | 2894 | 5315 | 83.7 | 5 | 1063 |
| Sundaram Clayton | 2956 | 5365 | 81.5 | 5 | 1073 |
| L & T Infotech | 680 | 1032 | 51.9 | 1 | 1032 |
| Borosil Glass | 674 | 1010 | 49.8 | 1 | 1010 |
| *FV: Face value; Times: stock trading over face value | |||||
| Latest : Lastest price on BSE in Rs at 01:20 PM. | |||||
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%