5 High-Quality Monopoly Stocks You Should Know; Do You Own Any?

On the stock market, a wide range of businesses and industries are represented. But not every company is the same or works in the same sector. Monopoly enjoys little to no competition in each of their respective markets. Here we have listed 5 stocks that hold monopoly positions in their respective area of operations.

1. Indian Railway Catering and Tourism Corporation Ltd. (IRCTC)

The stock of IRCTC is currently trading at Rs 603.50 apiece, down 1.32% from its previous close. Its 52 week high is Rs 840.95/share and 52 week low is Rs 557/share, respectively. It has given 21.69% negative return in 1 year. It gave 217.22% multibagger return in 3 years.

About IRCTC - IRCTC is a large-cap company that operates in Catering & Tourism and offers Internet ticketing, Catering & Tourism at railway stations. It is a "Mini Ratna (Category-I)" Central Public Sector Enterprise (CPSE) under the Ministry of Railways, Govt. of India.

2. Multi Commodity Exchange of India Ltd. (MCX)

The share price of MCX is currently trading at Rs 1,474.55/share, down 0.92% compared to the previous close. Its 52 week low is 1,143/share and 52 week high is Rs 1,697.10/share, respectively. It has given a 3.34% positive return in 1 year, 41.76% in 3 years, and 93.42% in 5 years, respectively.

About MCX - MCX is India's first listed exchange commodity derivatives exchange that facilitates online trading of commodity derivatives transactions, thereby providing a platform for price discovery and risk management.

3. ITC Ltd.

The share of ITC is currently trading at Rs 374.15/share, down 0.37% from its previous close. Its 52 week low is Rs 242.70/share and 52 week high is Rs 394/share, respectively. It has given 52.61% positive return in 1 year. The stock has given 112.96% positive return in 3 years and 44.19% positive return in 5 years, respectively.

About ITC - ITC is the largest cigarette manufacturer and seller in the country. It operates in six business segments at present. It has a diversified presence in FMCG, Hotels, Packaging, Paperboards & Specialty Papers and Agri-Business.

4. Computer Age Management Services Ltd. (CAMS)

The share of CAMS is currently trading at Rs 2,153.15/share, down 0.29% as compared to its previous close. Its 52 week low is Rs 2,037.15/share and 52 week high is Rs 2,690/share, respectively. The stock has fallen 4.32% in 1 week, and 6.43% in 1 month, respectively. In 1 year, it has fallen 9.35%.

About CAMS - The company is a mutual funds transfer agency. It provides investor services, distributor services and asset management companies (AMC) services. As the market-leading Registrar and Transfer Agency to the Indian Mutual Fund industry, CAMS serves ~69% of the average assets under management - as of Sep. 2022.

5. Indian Energy Exchange Ltd. (IEX)

The stock of IEX is currently trading at Rs 149.45 apiece, down 1.29% as compared to its previous close. Its 52 week low is Rs 129.25 apiece and 52 week high is Rs 251.50 apiece, respectively. The stock has given 33.09% negative return in 1 year. In 3 years it gave 228.49% positive return and in 5 years, it gave 206.75% positive return.

About IEX - Indian Energy Exchange is India's premier energy marketplace, providing a nationwide automated trading platform for the physical delivery of electricity, renewables, and certificates. IEX is powered by state-of-the-art, intuitive and customer-centric technology, enabling efficient price discovery and facilitating the ease of power procurement.

Disclaimer

The above-mentioned information is purely informational. The article should be treated as informational and not an advisory to invest. Greynium Information Technologies and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before making any investment decision.