MONOPOLY STOCKS: Shares with no competitors
Have you ever travelled in a train that was not run by the Indian Railways? My guess is No. You see, the Indian Railways enjoys a monopoly in the railway sector
How about stock exchanges? Well, the Bombay Stock Exchange is in a direct competition with the National Stock Exchange.
So, there isn’t a monopoly there. But what about the commodity exchanges?
There is The Multi Commodity Exchange of India (MCX) that deals in base metals or energy has monopoly in trading of energy and metals. Both the Indian Railways, and MCX are classic examples of monopoly businesses in India.
Now we sure are big fans of monopoly stocks. But do you know who else loves monopoly stocks? Its non-other than Investing legend, Mr. Warren Buffett
List of Monopoly stocks in India 2022
1.Indian Railway Catering and Tourism Corporation Limited
In the last quarter, the company had a total sale of Rs. 540 crores.
To know more about these companies , click below