Best Monopoly Stocks In India In Mid-Cap

What are monopoly stocks?

When a single seller dominates the market, there is little or no market competition. A monopoly stock is one that does not have much competition or has very few competitors. Market control and large companies are usually the characteristics of these companies.

A good example is the Indian railways. In India, IRCTC is the only railway service provider which provides railways services and also controls the service prices.

Let’s discuss some of the best monopoly stocks in India mid-cap segments.

Mid-cap monopoly stocks

1.. Deepak Nitrite

An Indian state of Gujarat is home to Deepak Nitrite, a manufacturer of chemicals. The Deepak Group, which has a history and legacy dating back about 50 years, was one of the first to embrace the "Make in India" ethos. In addition to manufacturing operations in Hyderabad, Roha, and Taloja in Maharashtra, Nandesari, and Dahej in Gujarat, and Nandesari, and Dahej in Gujarat, the company has distribution centres in Hyderabad, Telangana. In addition to agrochemicals, colourants, rubber, pharmaceuticals, specialty, and fine chemicals, Deepak Nitrite produces a wide range of chemicals.

The company's chairman and CEO are father and son, Deepak Mehta and Maulik Mehta, respectively.

2.. Computer Age Management services

Mutual funds and other financial organizations have relied on CAMS for technology-driven financial infrastructure and service for more than 25 years. As of September 2022, CAMS, the industry's main Registrar and Transfer Agency, served 69% of the average assets under management. Additionally, it offers technology-enabled service solutions to insurance firms and alternative investment funds. With an extensive network of service centers across India, white label contact centers, the internet, mobile apps, and chatbots, as well as acting as a B2B service provider, CAMS also provides customer care.

3.. Borosil Renewables

There is only one solar glass manufacturer in India, the Borosil Group. Due to increased demand for renewable energy and government policies, renewable energy is expected to expand robustly, making Borosil Renewables an excellent investment. During the last three years, the revenue of the company has grown 43.8 percent.

Borosil Renewables has also set its sights on overseas markets and has made known ambitions to buy Interfloat Group, the biggest producer of solar glass in Europe. In order to increase its manufacturing capacity, it also intends to invest INR 1,500 crore over the next two years.