AI Stocks
Artificial intelligence (AI) is rapidly transforming our world, from the way we work and communicate to how we entertain ourselves. This technological revolution has also created exciting opportunities for investors. If you're looking to invest in the future, understanding AI stocks is a great place to start. This guide will walk you through everything you need to know about AI stocks in India, from what they are and why you should consider them to how to invest and the risks involved.
List of Best AI Stocks to Buy
| Name | Price | Analyst Rating | M Cap | Target Price | Alpha | 1Y Return | 3Y Return | 5Y Return | PE | Industry PE | PB | Beta | Net Profit Qtr | Net Profit QoQ % | Net Profit YoY % | Net Profit 3Y Change % | Rev Qtr (in Cr) | Rev QoQ (in %) | Rev 1Y change % | Rev 3Y change % | Profit Mar Qtr | Profit Mar QoQ | Profit Mar 1Y Change% | Profit Mar 3Y Change% | Sector | M Cap | ROE | ROCE | EPS | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
₹6,380.00 | MID CAP | 4803.67 | 587.89% | 377.22 | 32.31 | 11.36 | 1.18 | 29.83 Cr | 7.46% | 41.18% | 163.55% | 231.28 | 4.42% | 9.63% | 57.67% | 12.01% | 2.91% | 28.78% | 67.15% | Technology | 38485.71 | 29.26% | 35.56% | 15.2851528515285 | 770631 | |||||
₹624.80 | BUY | SMALL CAP | 664.86 | 68.68% | 50.99 | 32.31 | 5.76 | 0.7 | 34 Cr | 1.91% | 544.57 | 2.59% | 26.83% | 88.65% | 8.95% | Technology | 9527.83 | 12.34% | 13.7% | 12.31 | 180860 | |||||||||
₹4,350.50 | HOLD | MID CAP | 4583.84 | 40.43% | 197.42% | 36.28 | 32.31 | 8.3 | 1.19 | 310.2 Cr | 31.53% | 2982.4 | 12.42% | 10.6% | 62.41% | 11.84% | Technology | 46026.81 | 22.61% | 28.96% | 119.2 | 85523 | ||||||||
₹8,775.00 | BUY | MID CAP | 10000 | 180.01% | 192.88% | 31.84 | 32.31 | 9 | 1.41 | 643.9 Cr | 18.95% | 7.22% | 25.98% | 1716.3 | 0.06% | 7.43% | 31.13% | 34.75% | 18.88% | Technology | 75894.76 | 48.75% | 60.69% | 274.15 | 75259 | |||||
₹131.73 | SMALL CAP | 81.42% | 662.89% | 0.67 | 32.31 | 5.81 | 1.84 | 19.2 Cr | 286.33 | 2.68% | 7.15% | 26.72% | 6.51% | Technology | 1286.99 | 6.34% | 9.7% | 6.57 | 343865 | |||||||||||
₹235.90 | SMALL CAP | 215.86% | 1405.79% | 28.25 | 32.31 | 13.37 | 1.67 | 30.03 Cr | 11.14% | 17.31% | 111.64% | 239.88 | 5.75% | 14.43% | 97.41% | 12.63% | 5.09% | 2.52% | 7.21% | Technology | 3173.54 | 16.25% | 19.73% | 7.64 | 379203 | |||||
₹2,884.80 | BUY | MID CAP | 2874.38 | 1.37% | 3.39% | 32.12% | 184.64% | 31.48 | 32.31 | 7.55 | 1.51 | 446.49 Cr | 4.37% | 9.48% | 18.96% | 3710.04 | 4.18% | 7.17% | 18.97% | 11.96% | 0.18% | 2.16% | Technology | 53831.09 | 25.5% | 31.39% | 89.55 | 348866 | ||
₹5,581.50 | HOLD | MID CAP | 5845.76 | 14.89% | 16.9% | 256.8% | 1366.01% | 61.46 | 32.31 | 14.35 | 1.32 | 395.76 Cr | 6.1% | 28.05% | 102.81% | 3242.11 | 5.87% | 21.56% | 109.06% | 11.73% | 0.22% | 5.34% | Technology | 87662.2 | 21.49% | 28.88% | 89.84 | 526331 | ||
₹1,305.40 | HOLD | SMALL CAP | 1427.04 | 67.96% | 381.23% | 23.12 | 32.31 | 3.72 | 1.17 | 186.4 Cr | 45.97% | 24.12% | 1909.2 | 2.98% | 62.32% | 8.81% | 47.28% | Technology | 14369.61 | 13.21% | 15.01% | 58.41 | 509181 | |||||||
₹1,964.90 | BUY | SMALL CAP | 1810.91 | 35.92% | 37.93% | 93.15% | 490.43% | 72.2 | 32.31 | 8.36 | 1.25 | 103.07 Cr | 2.84% | 21.1% | 120.13% | 602.25 | 0.1% | 28.51% | 256.59% | 16.13% | 2.74% | Miscellaneous | 27648.16 | 5.75% | 7.73% | 21.22 | 131207 | |||
₹810.50 | BUY | SMALL CAP | 837.5 | 0.75% | 2.76% | 223.65% | 514.01% | 28.23 | 32.31 | 5.14 | 1.3 | 176.4 Cr | 10.39% | 54.09% | 1358.9 | 2.51% | 7.73% | 24.43% | 12.31% | 7.68% | 23.84% | Technology | 18370.05 | 20.59% | 24.74% | 28.63 | 434211 | |||
₹38,320.00 | HOLD | LARGE CAP | 31314.5 | 5.85% | 7.87% | 130.28% | 191.22% | 55.39 | 49.79 | 6.05 | 0.93 | 553.6 Cr | 20.85% | 65.41% | 4910.6 | 9.96% | 8.13% | 53.52% | 11.13% | 9.9% | 7.74% | Consumer Cyclical | 111618.68 | 15.56% | 20.47% | 682.37 | 69592 |
What Are AI Stocks?
AI stocks are shares of publicly listed companies that are involved in the artificial intelligence industry. These companies fall into several categories:
AI Infrastructure Providers: These are the companies that build the foundational technology for AI, such as high-performance computer chips and data centres.
AI Software and Platform Developers: These companies create the software and platforms that enable businesses to develop and deploy AI applications. This includes everything from machine learning algorithms to data analytics tools.
Companies Using AI: Many companies in various sectors are now using AI to improve their products, services, and operations. While not pure-play AI companies, their success is increasingly tied to their AI capabilities.
Overview of the AI Industry
The Indian AI industry is largely made up of start-ups and established technology companies that have begun exploring the field. The government is also taking steps to harness this technology. The Ministry of Electronics and IT has proposed a budget of Rs 10,000 crore for the India AI initiative, including setting up servers through a public-private partnership (PPP) model.
A 2023 PwC survey revealed that approximately 54% of companies have adopted AI for their business operations, a trend that accelerated after COVID-19 as businesses turned to AI tools to streamline their workflows.
A collaborative study by Microsoft and the Internet and Mobile Association of India (IAMAI) indicated that India contributes 16% of the global AI talent pool, and the Indian AI market is anticipated to grow by 20% over the next five years.
Most of these companies are already technology leaders both in India and internationally and have now started leveraging AI to create innovative solutions for their customers. While a few are dedicated AI firms, the majority have either partnered with others or launched their AI-focused divisions.
Why Invest in AI Stock?
Investing in AI stock is a great opportunity if you want to capitalise on this ever-evolving technology. But you must start your AI investment with a thorough understanding of the technology, the stock market, and the risk. Let's take a look at AI stock benefits:
Growth Potential: Many believe that AI will significantly enhance productivity and efficiency across industries. This belief may drive stock appreciation of companies which are at the forefront of AI development.
Market Demand: The increasing reliance on AI creates a growing market for AI-related products and services. So, companies that engage in this sector are expected to benefit from this trend.
Long-Term Investment: AI is viewed as a long-term trend similar to past technological revolutions. The potential for AI to transform industries can lead to significant stock appreciation over time.
Diversification: Investing in AI stocks may diversify your portfolio, particularly if you are already invested in technology sectors. Many choose to include AI stocks as part of a broader strategy to gain exposure to high-growth areas.
Factors Affecting AI Stocks
Stocks are vulnerable to market changes, so if there is any major news or something new has been introduced in the AI industry, it’ll impact AI stocks' current price. Take a look at some of the factors that can influence your AI stocks:
Market fluctuations: Overall market conditions and investor sentiment can significantly influence the stock prices of AI companies.
Technological Advancement: Breakthroughs in AI technology can lead to increased investor confidence and potential stock price growth while competing technologies can create challenges and result in stock price declines.
Regulatory changes: Shifts in regulations related to data privacy, algorithm transparency, and government contracts can affect the operating environment for AI companies, thus impacting their stock prices.
Competition: The presence of strong competitors and the ability of AI companies to differentiate themselves through innovation and market positioning can directly influence stock performance.
The Future of AI in India
The future of AI in India looks bright. The Indian government is actively promoting the development of AI through initiatives like the "IndiaAI" mission. The country also has a large pool of skilled talent in the technology services sector, which is a key advantage in the global AI race. As the AI industry matures, we can expect to see more Indian companies making a mark on the global stage.
Frequently Asked Questions
How can I invest in AI stocks in India?
You can invest in AI stocks in India by opening a Demat and trading account with a registered stockbroker. Once your account is set up, you can research and buy shares of AI companies listed on the Indian stock exchanges.
Is it wise to invest in AI?
AI stocks have the potential to be a good investment, but they also come with risks. It's important to do your research and understand the risks involved before you invest.
What is the future of the AI industry?
The AI industry is expected to grow significantly in the coming years, with AI technologies being adopted across a wide range of industries. This could create exciting opportunities for investors.
How do I choose the right AI stocks for my portfolio?
When choosing AI stocks, consider factors such as the company's financial performance, its competitive position, its technological innovation, and its long-term growth prospects. It's also a good idea to consult with a financial advisor to get personalised advice.
Which Tata company is AI company?
Tata Elxsi's AI expertise empowers us to create innovative solutions across various industries.