Best Indian monopoly stocks to buy in 2023

Introduction

In this article, we will deliver you information about Best Indian monopoly stocks to buy in 2023. Monopoly companies are those companies which dominate the market for a specific service or we can say any product. Monopoly companies have control over their product prices.

Features of Monopoly stocks

  • Single Seller in the market
  • Price Builder
  • Maximum profit earnings

List of Best Indian monopoly stocks to buy in 2023

  1. Hindustan Aeronautics Ltd. (HAL)
  2. Coal India Ltd.
  3. Hindustan Zinc
  4. Container Corporation of India (CONCOR)
  5. Indian Railway Catering & Tourism Corporation (IRCTC)
  6. Central Depository Services Ltd. (CDSL)
  7. Nestle India
  8. Pidilite Industries
  9. Praj Industries
  10. ITC Ltd.
  11. Titan Company
  12. Relaxo Footwears (RELAXO)
  13. Jubilant Food Works
  14. Page Industries
  15. Bharat Heavy Electricals Ltd. (BHEL)

Best Indian monopoly stocks to buy in 2023 in detail

  • Hindustan Aeronautics Ltd. (HAL)– Hindustan Aeronautics Limited company is a Bangalore-based aerospace & defense industry. It is owned by the Indian Government. It is one of the largest aerospace and defense companies in the world. Hindustan Aeronautics Limited company came into existence on December 23, 1940.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
HALCapital Goods (Aerospace & Defense)101,31,39,088395018853929.30
  • Coal India Ltd. – Coal India Ltd. Is a public sector enterprise in India. It is undertaken by Ministry of Coal, Government of India. Its head office is in Kolkata. It is the biggest coal producer in the world.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
COALINDIAOil Gas & Consumable Fuels101,40,20,206263.40201.35227.50
  • Hindustan Zinc – It is a largest producer of Zinc, Lead, Silver and Cadmium in India. It is a diversified mining company. This firm is subsidiary of Vedanta ltd. firm.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
HINDZINCMetals & Mining21,35,33,696383260.30320.30
  • Container Corporation of India (CONCOR) – It is a public sector enterprise that prepares and carries containers through Indian Railways. Its headquarter is in New Delhi, India and founded in 1988.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
CONCORServices541,94,991828.75555688.50
  • Indian Railway Catering & Tourism Corporation (IRCTC) – This company provides facilities in Indian Railways through different ways. This company manages tourism, Bottle water, catering & hospitality, online ticketing, etc. This public sector company was founded in 1999 and its headquarter is in New Delhi, India.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
IRCTCConsumer Services250,44,000774.9557.10630.50

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
CDSLFinancial Services1012,73,8551451.90880.901219
  • Nestle India – A Swiss multinational company i.e., Nestle have subsidy in India as Nestle India. It includes goods like beverage, chocolates, etc.  Its headquarter is in Gurugram, Haryana, India and was founded in 1959.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
NESTLEINDFast Moving Consumer Goods102,16,36,65023,395.3517,88022,441
  • Pidilite Industries – This company is the biggest adhesive manufacturer in India. This company was founded in 1959 and headquarter is at Andheri, Mumbai, India.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
PIDILITINDChemicals11,33,31,6972918.952250.052622
  • Praj Industries – A multinational engineering components manufacturing company deals in Breweries, water & waste water treatment plant, etc. This company headquarter is in Pune, Maharashtra, India.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
PRAJINDCapital Goods (Industrial Manufacturing)27,64,981461.60298.65416.40
  • ITC Ltd. – An Indian conglomerate company has diversification in FMCG, Hotels, Packaging, Paper business and Agro business. A Public sector company, whose headquarter is in Kolkata, West Bengal, India.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
ITCFast Moving Consumer Goods (Diversified FMCG)15,82,61,094499.70300.60467.65
  • Titan Company – An Indian manufacturing company which deals in Jewellery, Watches, Eyewear. This company is a subsidiary of TATA Group. It is founded in 1984 and headquarter is at Bangalore, Karnataka, India.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
TITANConsumer Durables (Gems Jewellery & Watches)12,65,09,29432102266.552986
  • Relaxo Footwears (RELAXO) – A Footwear manufacturer situated in New Delhi, India. It is a largest foot wear product manufacturer. Its co brands are Flite ,brahamas, etc.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
RELAXOConsumer Durables (Footwear)123,62,1781107748948.90
  • Jubilant Food Works – An Indian Food service which deals in consumer services like Domino’s. It is founded in 1995 and headquarter is in Noida, Uttar Pradesh, India.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
JUBLFOODConsumer Services (Restaurants)231,54,060652.35412.10478
  • Page Industries – This company is the biggest manufacturer of innerwear, socks and lounge wear. It was founded in 1994 and headquarter is in Bangalore, Karnataka, India.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
PAGEINDTextiles1041,52,25854,349.1034,952.6537,227.05
  • Bharat Heavy Electricals Ltd. (BHEL) – A public sector company which manufactures power generation equipment in large quantity. This company was founded in 1956 and headquarter is in New Delhi, India.

Data as of 28-July-2023 on NSE (Equity Series)

SymbolSectorFace Value (in Rs per share)Market Cap (in Rs Lakhs) (value in approx.)52 Week High (in Rs)52 Week Low (in Rs)Last Traded Price (in Rs)
BHELCapital Goods (Electrical Equipment)235,93,48910451.35103.20

Conclusion

As a conclusion, we find that monopoly stocks don’t have competition in the market. These have full control over customer needs for a specific product or services. These companies have valid reasons for their customers and it helps a lot in balancing the economic system.

FAQ’s

What monopoly comapnies do?

Answer – These companies have control over price, distribution and sale of a specific product or service.


What is the advantage of monopoly companies?

Answer – These companies are the sole price builder in the market.

Do Monopoly Companies are regulated?

Answer – Yes

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