Many people love to trade in penny stocks as the amount required is low. But do you know that India’s 5 most expensive stocks are best performing stocks over 1,3 & 5 years time horizon.
Just comparing Stock price is not parameter to determine whether one stock is better than other. Stock priced at Rs 1000 may be better than stock valued at Rs 50. You need to see the other parameters to determine how attractively priced a particular stock is – PE ratio (Price Earning Ratio).
| Most Expensive Stocks & their Returns | |||||
| Most Expensive Stocks | CMP | PE Ratio | 1yr | 3yr | 5yr |
| MRF | 22301 | 11.54 | 92% | 245% | 1224% |
| Bosch | 10067 | 37.14 | 14% | 69% | 244% |
| Page Industries | 6623 | 50.64 | 102% | 361% | 1771% |
| Eicher Motors | 5748 | 54.02 | 116% | 387% | 2563% |
| Shree Cements | 5088 | 22.05 | 26% | 172% | 730% |
| Returns calculation as on 25-Mar-2014 | Wealth18.com | ||||