Many high-priced stocks beat market in past year

Bosch and 3M India are two stocks in the list that underperformed the benchmarks

The high price of a stock doesn’t seem to be a deterrent for investors. A number of high-priced ones have outpaced the returns of benchmark indices in the past one year.

The average one-year return for six stocks, priced over Rs 10,000 each a year ago, has been nearly 30 per cent. In comparison, the benchmark Sensex on the BSE gained 20 per cent.

MRF, most expensive stock in value terms a year before, has rallied 68 per cent. Shares of the tyre company have gained from Rs 35,299 to Rs 59,184. Other outperformers in the Rs 10,000-plus stock price