The Monopoly stocks in India are known as the Moat stock of the companies. Moat is a hole used to build around the castles to save them. It is kind of a boundary to the castle. This was done as a defence measure to make it harder for invaders to attack the castle. The broader and more profound the moat is, the more protected the castle is. In the business world Moat, refers to the barrier to entry which can be the vast capital, government restrictions, or business advantage that a company develops to make it hard to compete with it.
List of Top 10 Best Monopoly Stocks in India 2023
1. IRCTC ( Indian Railway Catering and Tourism Corporation )
2. HAL ( Hindustan Aeronautics Limited )
3. Nestle
4. Hindustan zinc
5. ITC ( Imperial Tobacco Company of India Limited )
6. Marico
7. Pidilite
8. CONCOR ( Container Corporation of India Ltd )
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