An Overview: Artificial Intelligence is no longer the way of the future but our present!!
NVIDIA Corporation, IBM, Micron Technology
Inc., and Amazon Ltd. are just a few of the well-known AI stocks traded on the
US stock exchange. However, the Indian markets have yet to embrace this trend.
Therefore, if you’re looking for Artificial Intelligence stocks in India listed
on the NSE and BSE, then you’re heading in the right direction.
According to research by the World Economic
Forum, artificial intelligence (AI) is predicted to displace over 85 million
jobs globally by 2025. While AI will replace thousands of jobs, it will also
bring exciting new development prospects in the same field, and investors like
you can gain huge returns from this opportunity.
CAUTION:
To produce market-beating profits, you must
take an unconventional approach, and what could be more distinctive than
investing in the top Artificial Intelligence companies in India listed on the
NSE?
Technology:
AI is powered by a variety of cutting-edge
technologies. If you’re planning to invest in an AI startup, it’s important to
be knowledgeable about concepts like machine learning, deep learning, and
neural networks. Based on how a company utilizes its AI, you can make an
informed investment decision. The market for natural language processing in
healthcare is expected to grow at a CAGR of 20.5%, from $1.5 billion in 2020 to
$3.7 billion by 2025, as companies like Google and IBM are making significant
investments in this field.
Best AI Stocks in India:
Now that we understand this industry
better, let’s list out India’s top Artificial Intelligence stocks.
- Tata Elxsi Ltd.
- Bosch Ltd.
- Kellton Tech Solutions Ltd.
- Happiest Minds Technologies Ltd.
- Zensar Technologies Ltd.
- Persistent Systems Ltd.
- Saksoft Ltd.
- Oracle Financial Services Software Ltd.
- Affle India Ltd.
- Cyient Ltd.
Overview of Top Artificial Intelligence
Companies in India:
- Tata Elxsi Ltd.: A company that provides
design and technology assistance, with divisions in system integration &
support and software development & services. It offers services in
technology consulting, product design, development, testing, consumer
insights, visual design, branding, and more. - Bosch Ltd.: A provider of goods and
services in energy, building technology, consumer goods, and mobility
solutions. It offers products and services in automotive systems, power tools,
home appliances, and solutions for businesses and trades. - Kellton Tech Solutions Ltd.: An
international company specializing in enterprise resource planning, digital
transformation, and other IT fields. It offers services in agile software
development, digital commerce, technology consulting, and provides platforms
for media organizations and gamification. - Happiest Minds Technologies Ltd.: An IT
consulting and services provider focused on managed security services, digital
business solutions, and product engineering services. It offers solutions in
security, cloud computing, big data, RPA, and more. - Zensar Technologies Ltd.: A provider of IT
solutions and services in custom application management, application
development, maintenance, support, and testing. - Persistent Systems Ltd.: A company offering
services in data analytics, intelligent automation, cloud & infrastructure,
and client experiences transformation for various industries such as banking,
healthcare, software, and more. - Saksoft Ltd.: A holding company providing
IT services, strategic consulting, and digital transformation solutions. It
offers custom-developed cloud-enabled enterprise applications and omnichannel
solutions for industries like telecommunications, healthcare, fintech, and
more. - Oracle Financial Services Software Ltd.: A
company offering business processing services and IT solutions to the financial
services sector, with products and services in banking software and
implementation services. - Affle India Ltd.: Affle India Ltd. is a global technology company based in India that offers a consumer intelligence platform for generating consumer recommendations and conversions through mobile advertising. It has two segments – Consumer platform and Enterprise platform – with options like Appnext, Jampp, Mass, Faas, Mediasmart, Traction Enterprise, Rex, and Vizury. The consumer platform focuses on converting new customers and retargeting existing ones to drive transactions. Additionally, Affle provides complete solutions for businesses to enhance their mobile user interactions, including app development, enabling offline companies to conduct online business, and offering data analytics for online and offline corporations.
- Cyient Ltd.: Cyient Ltd. is an India-based technology and engineering solutions provider, specializing in network, operations, analytics, and geospatial solutions. Its Services segment covers a portfolio of industries, including transportation, communication, and utilities, and offers digital services and solutions. In its Design Led Manufacturing segment, Cyient provides electronic manufacturing solutions for various industries, business units, and sectors, such as transportation, communication, and utilities.
Factors to Consider Before Investing in
Artificial Intelligence Shares in India:
- Detailed Company Research
- Check the Price-to-Earnings Ratio for the
Company - Determine the Level of Risk That is Present
- Check if the Dividend on the Stock is High
Enough to Make it Worthwhile - Keep Tabs on the Stock Chart of the Company
Conclusion:
AI has become a critical tool for
businesses in India’s rapidly expanding technology market. Startups in India
are developing AI solutions for various sectors like finance and healthcare.
The growing demand for AI has led to increased investment, and investing in
digital technologies like AI can result in significant profits in the future.
It will be interesting to see how AI is applied to more aspects of daily life.
