I bet you’ve never traveled on a train in India that is not run by Indian Railways that is because the Indian railway has a monopoly in the railway sector, which means they have no competition in that sector, so the Indian railway is a classic example when it comes to monopoly stocks in India.
Investing in monopoly stocks is a great idea as unlike other companies they have no competitors, so the risk of losing money is minimized, and if you are new to the stock market then we would suggest initially investing in monopoly stocks or monopoly companies because of less risk.
But this doesn’t mean that to invest in monopoly stocks you have to be a beginner, even highly experienced people invest in monopoly stocks as they know the potential.
So, today we have made a list of the top 5 monopoly stocks in India that you should consider before investing anywhere else.
The Top 5 Monopoly Stocks In India
Indian Railway Catering and Tourism Corporation Limited
Monopoly Stocks: Indian Railway Catering and Tourism Corporation Limited (IRCTC) is a travel support services company. The total valuation (market value) of the company is ₹59,704 crore. The price of one share of the company is ₹737.55 in the BSE market today and ₹737.50 in the NSE market today. Indian Railway Catering was established in the year 1999.
As per the report provided by the company, the total income for the last year stood at Rs 2,355.252 crore and the total sales stood at Rs 2,275.484 crore. The net profit of the company stood at Rs 528.571 crore. Indian Railway Catering and Tourism Corporation Limited has paid a tax of Rs-256.926 crore in the current year.
Indian Energy Exchange
Monopoly Stocks: Indian Energy Exchange Limited (Indian Energy Exch) is a company in the electric utility sector. The total valuation (market value) of the company is ₹19,276 crore. The price of one share of the company is ₹210.35 in the BSE market today and ₹210.40 in the NSE market today. The company was established in the year 2007.
As per the report provided by the company, the total income for the last year stood at Rs.297.152 crore and the total sales were Rs.257.031 crore. The company’s net profit stood at Rs 177.916 crore. Indian Energy Exchange Limited has paid a tax of -49.033 crores in the current year.
Coal India Limited
Monopoly Stocks: Coal India Limited (Coal India) is a coal sector company. The total valuation (market value) of the company is ₹ 1,12,839 crore. The price of one share of the company is ₹ 187.75 in the BSE market today and ₹ 187.65 in the NSE market today. The company was established in the year 1973.
As per the report provided by the company, the total income for the last year stood at Rs.12,521.15 crore and the total sales were Rs.954.82 crore. The company’s net profit stood at Rs 11,280.88 crore. Coal India Limited has paid a tax of -74.64 crores in the current year.
Hindustan Zinc Limited
Monopoly Stocks: Hindustan Zinc Limited (Hindustan Zinc) is a company in the zinc sector. The total valuation (market value) of the company is ₹ 1,36,055 crore. The price of one share of the company is ₹322.05 in the BSE market today and ₹323.35 in the NSE market today. The company was established in the year 1966.
As per the report provided by the company, the total income for the last year was Rs 20,495 crore and the total sales were Rs 18,561 crore. The company’s net profit stood at Rs 6,805 crore. Hindustan Zinc Limited has paid a tax of Rs-1,135 crore in the current year.
ITC Limited
Monopoly Stocks: ITC Limited (ITC) is a company in the cigarette-tobacco products sector. The total valuation (market value) of the company is ₹3,19,603 crore. The price of one share of the company is ₹ 263.15 in the BSE market today and ₹ 263.15 in the NSE market today. ITC Limited was established in the year 1910.
As per the report provided by the company, the total income for the last year stood at Rs 48,645.07 crore and the total sales stood at Rs 45,619.7 crore. The company’s net profit stood at Rs 15,136.05 crore. ITC Limited has paid a tax of Rs.-4,650.14 crore in the current year.
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