Investing In AI: The Best Stocks For Indian Investors

Are you interested in investing in AI stocks in India? No matter if you are an experienced investor or just starting. The AI stock market is beginning to take off, and you are on the right track.

In this blog post, you will learn about some of the AI stocks that are currently in the news in India. You will also learn about their potential and what makes them different.

What are Artificial Intelligence Stocks?

Some of your first questions will be, “What are AI stocks?” AI is a relatively new concept and many people don’t even know it exists.

When companies involved in the development or implementation of technology-related products or services are listed on stock exchanges, their shares are referred to as AI shares or AI stocks.

10 Best Artificial Intelligence Stocks in India

TCS

With a significant IT presence in India, Tata Consultancy Services holds the largest market share in the IT and now AI industry.

TCS AI Studio is one of the most well-known software solutions you must have encountered at some point or another and is Designed to help you make smarter, data-driven, and innovation-driven decisions.

The growth rates of these companies have been quite consistent in the last couple of years. If investors want to invest in a company for the long term, TCS is a good choice.

Infosys Limited

Who doesn’t know about Infosys? Infosys has contributed to various aspects of the Indian economy by creating the GST portal. They are spending billions of dollars every year on new technologies and innovations.

Infosys also provides cutting-edge AI-based software solutions to clients to help them in their business.

Its share price has also increased during the same period. Again, this could be a good thing for the long-term investor.

Wipro

One of India’s leading IT services companies. Wipro, has its roots in the international market. Their AI-driven software is used in some of the world’s most well-known industries, from cybersecurity to digital transformation.

Wipro’s shares are steadily rising in the stock exchanges. SIP can also be tried at Wipro’s share. If you want to make money in a short time, then Wipro’s shares are a good choice.

HCL Technologies

Another company offering IT services is HCL Technologies. By buying the shares of HCL, you will be able to get a better insight into its AI services. HCL offers cloud-native solutions, process transformation, digital insights, and cybersecurity solutions.

Kellton Tech Solutions Limited

Kellton Tech Solutions offers digital transformation and consulting services. They are also known to offer AI-powered chatbots, predictive analytics, and automation services.

More recently, the company has been in the news for its AI-powered, personalized care platform it sold to healthcare providers. With this platform, every patient gets the care they deserve.

Affle India Limited

Affle is a PaaS-based company. Paas stands for Platform as a service. This means that they offer a highly secure platform for businesses to track their customer acquisition, engagement, and other transactions through mobile ads. They also help to deliver leads to their customers and turn their online customers into clients.

Tata Elxsi

In the design and technology sector. Tata Elxsi provides design and technology solutions to a wide range of industries such as the healthcare sector, automotive industry, communications and media. Recently, the company achieved another milestone with the successful deployment of video analytics and AI software.

This is the next stage of the IoT and Smart Devices. If you are interested in investing in AI stocks of Tata Elixsi, then you should do some research.

Cyient Limited

Cyient Limited, one of the leading engineering companies in India, offers its services to both small and large enterprises.

They are focused on enhancing the value chain to remove bottlenecks. The company is listed on the NYSE. The stock price fluctuates from time to time, which is normal, but it is recommended to do more research on the company’s performance before making an investment.

Happiest Mind Technologies Limited

This company specializes in cloud computing services. They focus on innovation in AI, IoT, cloud computing, and VR. Like video games, they use AI for speech recognition and image generation.

Persistent Systems Limited

Pune, India-based company. Permanent Systems Limited, is well-known for its digital transformation services and cloud space, which enables businesses to modernize their processes and help their customers in a better way. The company’s shares are among the best in India, as it continues to expand its customer base each year.

Artificial Intelligence Stocks in India: Should you invest?

AI stocks are expected to experience a surge in the years to come, making them an appealing investment for all investors. However, there are several factors that need to be taken into account when predicting the performance of AI stocks.

There are various types of AI-powered businesses. So, whichever one you’re interested in, pick it. Do your own market research based on your company’s financial stability, overall performance, competitors, and potential for growth.

Investing in AI stocks in India can be profitable if you are smart and diligent.