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If you get gold worth ₹1,60,000 for ₹80,000, would you take it? Yes, I would definitely take it. If it's available at a 50% discount, then it's exactly a 50% discount.
So, look, the market condition is very bad right now. There are some monopoly stocks that have no competition, but they have fallen by 40%, 50%, 60% in a falling market. I'll tell you about five such top companies.
At number five is Dicon Tech. The stock is currently 48% down from its all-time high. It is one of India's biggest electronic manufacturers. And it even manufactures phones for brands like Samsung and Vivo, so it's a pretty good company.
At number four is CDSL, which is 41% down from its all-time high. And what does CDSL do? It's a depository. You buy mutual funds, you buy shares. Your shares are stored in the depository, which is CDSL.
And the third stock, oh my god, is down by about 60%. I'm talking about IRCTC. It handles catering and ticketing for Indian Railways. And while the company's share price is down, the profit growth over the last 3 years has been an average of 25%.
Next is ITC. It has an 80% market share in the Indian cigarette market. It is about 35% down from its all-time high. And it is a company that is more than 100 years old.
And last is Indigo, which is 30% down from its all-time high. And it is India's largest and only profitable airline, which has the largest share of domestic routes.