Top Performing Monopoly Stocks In India

                                                                                                    * monopoly stocks in India

 The stock market comprises various sectors and companies. Not all companies are the same or function in the same sector. A few companies stand alone in the market with less or without competition, which are called monopoly companies. In this Blog, read about the best monopoly stocks in India and whether it is good to invest in such companies. 

What are monopoly stocks? 

It is called monopoly competition when there is no or less market competition due to a single seller’s presence. Stocks of those companies that don’t have competition or very few are called monopoly stocks. These companies usually control the market and are solo or large players in the market.  

For example, Indian railways. IRCTC is the only railway service provider of railways service in India. And also, they have control over their service prices.

Best monopoly stocks in India

1. Indian Railway Catering and Tourism Corporation Ltd (IRCTC)

This large-cap company is an Indian public sector undertaking that provides ticketing, catering, and tourism services for the Indian Railways. The 5-yr CAGR of IRCTC is 23.71%, and it holds a total debt of Rs. 106.66 cr. 

2. Hindustan Aeronautics Ltd (HAL)

Founded in 1940, HAL is an Indian state-owned aerospace and defense large-cap company. It is one of the largest and oldest aerospace and defense manufacturers globally. The 5-yr CAGR of HAL is 15.91%, and it holds a total debt of Rs. 49.27 cr. 

3. Indian Energy Exchange Ltd (IEX) 

This small-cap company offers an online electricity trading platform for trading, clearing, and settlement operations. It started its operations in 2008 and is regulated by the Central Electricity Regulatory Commission. The 5-yr CAGR of IEX is 21.20%, and it holds a total debt of Rs. 10.01 cr. 

4. Multi Commodity Exchange of India Ltd (MCX) 

Founded in 2003, MCX is India’s largest commodity derivatives exchange. It operates under the ownership of the Ministry of Finance, Government of India. The 5-yr CAGR of MCX is 2.53%, and it holds a total debt of Rs. 0.86 cr. 

5. Coal India Ltd

This large-cap company is an Indian central public sector undertaking under the ownership of the Ministry of Coal, Government of India. Coal India is the largest government-owned coal producer worldwide. The 5-yr CAGR of Coal India is 13.70%, and it holds a total debt of Rs. 3,513.64 cr. 

6. Hindustan Zinc Ltd (HZL)

The large-cap mining company is engaged in the mining and smelting of zinc, lead and silver metal in India. It was founded in 1966. The 5-yr CAGR of HZL is 2.98%, and it holds a total debt of Rs. 2,844 cr. 

7. ITC Ltd

Founded in 1910, ITC is an Indian conglomerate company diversified into sectors such as FMCG, software, hotels, speciality papers, paperboards, packaging and agribusiness. The company has 13 businesses in 5 segments and exports its products to 90 countries worldwide. The 5-yr CAGR of ITC is 7.81%, and it holds a total debt of Rs. 249.44 cr. 

8. Marico Ltd

The large-cap company, Marico, founded in 1990, is a consumer products company operating in the beauty and wellness space. The company’s principal products include edible oils and value-added hair oils. The well-known brands include Saffola, Livon, Parachute, Hair & Care and Nihar. The 5-yr CAGR of Marico is 8.92%, and it holds a total debt of Rs. 479 cr. 

9. Computer Age Management Services Ltd (CAMS)

CAMS is a small-cap company founded in 1988. It provides investor services, distributor services and asset management companies (AMC) services. The 5-yr CAGR of CAMS is 21.65%, and it holds a total debt of Rs. 81.94 cr. 

10. Pidilite Industries Ltd

Founded in 1959, Pidilite Industries is an Indian adhesive and glue manufacturing company. The 5-yr CAGR of Pidilite Industries is 7.21%, and it holds a total debt of Rs. 415.83 cr.