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