In recent years the artificial intelligence (AI) market has become one of the technology sector’s prominent areas of growth. Everybody is interested in buying AI stocks and wants to know the best artificial intelligence stocks in India.
The collaboration between machines and humans in the Indian tech sector has opened new opportunities for investors to enter into early possibilities of success. Several AI companies in India have come into existence in the Indian markets focusing on creating the most innovative AI solutions in the field of education, business, and healthcare industry.
The Indian government has taken big and firm steps to keep the tech industry in progress by investing in Digital India to uplift Artificial Intelligence, big data, IoT, machine learning, robotics, and cybersecurity. This has made money-making investors and analysts look toward the top AI stocks in India for investment purposes.
Table of Contents
Artificial Intelligence Stocks in India 2023 – What to Look for when buying stock?
- Research the company: Find out what service the company provides.
- Check the company’s Price-to-Earnings ratio
- Evaluate a company’s risk by Its Beta
- Invest in the company’s stocks with a High Dividend
- Understand stock charts and Identify trends
- Buy stocks for the long run
Top Artificial Intelligence Stocks in India
| Company | NSE | Market cap | P/E ratio | Beta | Div yield |
| Tata Elxsi | TATAELXSI | 534.60B | 86.09 | 0.97 | 0.50% |
| Bosch | BOSCHLTD | 464.70B | 36.10 | 1.17 | 0.69% |
| Oracle Financial Services Software Ltd | OFSS | 257.81B | 13.89 | 0.67 | 6.38% |
| Persistent Systems Ltd. | PERSISTENT | 241.06B | 32.77 | 1.78 | 0.75% |
| Happiest Minds Technologies Ltd. | HAPPSTMNDS | 142.36B | 71.46 | 1.01 | 0.38% |
Saksoft Ltd | SAKSOFT | 10.27B | 17.19 | 0.28 | 0.59% |
| Zensar Technologies Ltd. | ZENSARTECH | 48.10B | 12.44 | 0.94 | 2.12% |
| Cyient Ltd. | CYIENT | 87.72B | 16.65 | 0.64 | 3.02% |
| Kellton Tech Solutions Ltd | KELLTONTEC | 6.07B | 8.49 | 2.40 | |
| Affle India Ltd. | AFFLE | 167.80B | 71.88 | 1.26 | – |
| Mphasis | MPHASIS | 392.36B | 26.56 | 0.861 | 2.20% |
| l&t technology services | LTTS | 379.44B | 37.36 | 1.37 | 0.68% |
| Tata consultancy services | TCS | 10.99T | 28.60 | 0.69. | 1.46% |
Tata Elxsi Ltd.
Tata Elxsi Ltd is one of the top artificial intelligence companies in India listed on nse. It was founded in the year 1989 by the tata group. The headquarters is located in Bengaluru, India. It is one of the top AI companies in India since it has been working in this field for the last 25 years. Tata Elxsi offers a Cognitive Video Services Framework, which is one of the biggest AI systems. It has also been working on IoT (Internet of Things) enabled products and services as well as on Metaverse.
Services: video summaries, scene and actor recognition, automatic subtitle generation, filtering objectionable content, and content metrics for Ad Analytics for OTT platforms.
Bosch Ltd.
Bosch AI or the Bosch Center for Artificial Intelligence merely focuses on deploying advanced technologies such as AI across a wide range of Bosch products and services. The artificial Intelligence strategies of Bosch are implemented in more than 185 projects in several locations such as India, the US, Israel, Germany, and China.
Oracle Financial Services Software Ltd
Oracle has introduced AI Services in Oracle Cloud Infrastructure (OCI) that make it easier to apply AI to the business scenarios
Persistent Systems Ltd.
Persistent Systems Ltd. was founded in Pune in 1993, the company offers scalable and secure mobile networking capability to its clients. The company uses Artificial Intelligence to develop businesses in improving and scaling their operations, designing platform architecture, and pr was publicly listed on BSE and NSE on August 8, 2019ioritizing cases. Persistent Systems Ltd. has shown exemplary financial performance and is a profitable investment in the AI Industry.
Affle India Ltd.
Affle India Ltd. was founded in 2006, it has been registered in Mumbai and its Corporate office is in Gurgaon and was publicly listed on BSE and NSE on August 8, 2019. The Company is presently providing mobile advertisement services through information technology, AI, and software development services for mobiles.
Happiest Minds Technologies Ltd.
Happiest Minds Technologies Ltd. was founded on March 30, 2011, by Ashok Soota, it is located in Bangalore, Karnataka, India. Happiest Minds offers domain-centric solutions, IPs in IT Services, Product Engineering, Infrastructure Management, and Security. Happiest Minds has operations in Australia, the Middle East, Turkey, the US, the UK, and The Netherlands.
Cyient Ltd.
Cyient Ltd was founded in 1991 by B. V. R. Mohan Reddy, it is located in Hyderabad, India. Cyient provides Artificial Intelligence Tools to clients and helps them in achieving their goals.
Zensar Technologies Ltd.
Zensar Technologies Ltd. was founded in August 2019 by Ajay S. Bhutoria, it is located in Pune, India. Zensar Technologies offers a range of integrated information technology (IT), Artificial Intelligence, and BPO products and services to Fortune 500 clients.
Saksoft Ltd.
Saksoft Ltd. was founded on November 24, 1999, it is located in Chennai, India. It offers automation solutions, data analytics, robotics process automation, artificial intelligence, IoT (Internet of Things), and test automation. Saksoft Ltd. serves retail, healthcare, e-commerce, logistics and transportation, FinTech, telecommunication, and public sectors.
Kellton Tech Solutions Ltd
Kellton Tech Solutions Ltd was founded in 1993, a two-decade-young organization. It is located in Hyderabad, India. The company provides end-to-end IT solutions, strategic technology consulting, and product development services.
Conclusion
It wouldn’t be possible for any one of us to predict how a stock will do. However, when you know what to look for when buying stock, you’re more likely to see long-term success. Carefully think and understand what works best for you. Then learn the best strategies that suit your investment style.
