Top 10 Best Monopoly Stocks in India: If we look at the Indian market, we will see that there are several industries that are working under the onus to develop and also contribute to the economy. Before knowing the companies that are a monopoly in the country, let us first understand the meaning of monopoly.
Table of Contents
What is the meaning of “Monopoly”?
Monopoly is defined as the exclusive possession or control of the supply or trade in commodities and services.
Due to their major competitive advantage, monopoly stocks refer to the companies that are the true market leaders in their own specific industry.
Monopoly stocks in India are known as MOAT stocks of the company.
In a layman’s language, a MOAT is a hole that is built around castles.
In the business and corporate world, these MOATs are like barriers to the entry of huge capital, government restrictions, or business advantages that a company has made it hard to compete with.
Top 10 Best Monopoly Stocks in India:-
India is a very democratic country. This is the list of the monopolies in the Indian market:
The company was established as a public sector undertaking (PSU), wholly owned by the government through Indian Railways.
IRCTC offers services like selling tickets through both online and offline modes, selling packaged drinking water bottles under its own name, and providing other catering services to the Indian Railways.
It is also one of the largest railways in the world because only one train can use the rack at a given time.
Countries like the UK have planned to launch private companies to bid for the rail lines before this. Along with this, India has also announced similar decisions on opening the sector players for the same.