Monopoly stocks are those of companies that operate with little to no competition in the market. They are often solo or dominant players in their industry, controlling a significant market share. A prime example is Indian Railways, where IRCTC is the sole railway service provider in India, allowing them to set service prices.
What are monopoly stocks?
Monopoly Stocks
With a staggering 77% market share in cigarettes, ITC Ltd dominates the FMCG – Tobacco sector. This diversified conglomerate, founded in 1910, exports products to 90 countries worldwide.
Nestle India holds a remarkable 96.5% share in the cereal industry within the FMCG – Foods sector. It's a subsidiary of the Swiss multinational company Nestlé.
In the Mining – Coal sector, Coal India Ltd commands 82% of coal production, making it the largest government-owned coal producer globally.
As a state-owned aerospace and defense giant, HAL achieves 100% in defense manufacturing. Founded in 1940, it's among the largest in its field.
HZL, a large-cap mining company founded in 1966, dominates the Mining – Diversified sector with 78% of the zinc industry share.
In Diversified Chemicals, Pidilite Industries captures 70% of the adhesive market, founded in 1959.
Marico, a consumer products company founded in 1990, holds 73% in oil products in the FMCG – Personal Products sector.
IRCTC, a public sector undertaking, is the sole provider of ticketing, catering, and tourism services for Indian Railways.