5 Best Monopoly Stocks in Defense Sector in 2023

Published : 17 August 2023

Mazagon Dock Shipbuilders hold a monopoly in manufacturing of submarines and Shipbuilding for Indian Navy.

503.02%

₹ 1960

CMP

1 Yr Price Change

HAL is the only Indian company having specialization in aircraft manufacturing and providing its Maintenance and related services.

70.31%

1 Yr Price Change

₹ 3910.60

CMP

BEL manufactures state-of-the-art electronic products and systems for the Army, Navy and the Air Force. Being the sole manufacturer and supplier of many key defense systems and weapons systems in the country currently, BEL enjoys a huge monopoly.

33.91%

1 Yr Price Change

₹ 130.55

CMP

Bharat Dynamics Limited holds a monopoly in the fabrication of surface-to-air missiles (SAMs), torpedoes, and ATGMS in India.

33.63%

1 Yr Price Change

₹ 1146

CMP

Solar Industries is the first private player to establish a facility to manufacture RDX, HMX and TNT, which is used by the defense industry to produce propellants, warheads and Rockets.

32.08%

1 Yr Price Change

₹ 4357.10

CMP