5 Best AI Stocks in India: If you want to invest for the long term then what would be better than investing in the companies working on future technology, if we talk about growth potential then investing in AI stocks in India is a great choice.
So, today we have come up with the list of best AI stocks in India that has relatively better fundamentals, so before investing anywhere else you should consider these stocks.
5 Best AI Stocks in India
5 Best AI Stocks in India
These are the 5 Best AI Stocks in India:
Tata Elxsi LTD
5 Best AI Stocks in India: Tata Elxsi Limited (Tata Elxsi) is a company in the IT software products sector. The total valuation (market value) of the company is ₹51,049 crores. The price of one share of the company is ₹8,205.00 in the BSE market and ₹8,224.95 in the NSE market. Tata Elxsi Limited was established in the year 1989.
As per the report provided by the company, the total income for the last year stood at Rs 1,674.585 crore and the total sales stood at Rs 1,609.86 crore. The company’s net profit stood at Rs 256.1 crore. TATA ELEXI LTD has paid a tax of -89.678 crores in the current year.
PROS
- Company is going to be debt-free soon.
- It is being expected from the company to give a good quarter
- Company’s profit growth over last 5 years is 25.91% CAGR.
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.66%
- Company has maintained a good dividend payout of 56.50%
CONS
- Stock is trading at 32.82 times its book value
Saksoft Limited
5 Best AI Stocks in India: Saksoft Limited (Saksoft) is a company in the field of IT software products. The total valuation (market value) of the company is ₹813 crore. The price of one share of the company is ₹781.65 in the BSE market and ₹780.00 in the NSE market. Saksoft Limited was established in the year 1999.
As per the report provided by the company, the total income for the last year was Rs.128.523 crores and the total sales were Rs.115.887 crores. The company’s net profit stood at Rs 29.455 crore. Sacksoft Ltd. has paid tax of -7.222 crores in the current year.
PROS
- Company has reduced debt.
- Company is going to be debt-free soon.
- Company’s profit growth over the last 5 years is 20.06% CAGR over last 5 years
CONS
- The company’s sales growth over the past five years is 9.62% .
- Promoter holding has decreased over the last 3 years: -4.60%
Happiest Minds Technologies Limited
5 Best AI Stocks in India: Happiest Minds Tech. is an IT consulting and software company. The total valuation (market value) of the company is ₹13,880 crore. The price of one share of the company is ₹913.40 in the BSE market and ₹913.00 in the NSE market. Happiest Minds Technologies Limited was established in the year 2011.
As per the report provided by the company, the total income for the last year stood at Rs.714.19 crores and the total sales were Rs.698.21 crores. The company’s net profit stood at Rs 73.43 crore. Happiest Minds Technologies has paid tax of Rs -6.05 crore in the current year.
PROS
- It is being expected from the company to give good quarter
- Company’s profit growth over last 5 years is112.07% CAGR
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.88%
CONS
- Stock is trading at 20.76 times its book value
L&T Technology Services Limited
5 Best AI Stocks in India: L&T Technology Services (L&T Technology Serv.) is an Internet software and services company. The total valuation (market value) of the company is ₹38,789 crore. The price of one share of the company is ₹3,503.50 in the BSE market and ₹3,506.10 in the NSE market. L&T Technology Services Limited was established in the year 2012.
As per the report provided by the company, the total income for the last year stood at Rs 5,393.6 crore and the total sales stood at Rs 5,181.3 crore. The company’s net profit stood at Rs 790 crore. L&T Technology Services has paid a tax of Rs -193.5 crore in the current year.
PROS
- Company is going to be debt-free soon.
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.35%
- Company has maintained a good dividend payout of 29.73%
CONS
- Stock is trading at 9.57 times its book value
Cyient Limited
5 Best AI Stocks in India: Cyient Limited (Cyient) is a company in the IT consulting and software sector. The total valuation (market value) of the company is ₹8,644 crores. The price of one share of the company is ₹773.00 in the BSE market and ₹774.15 in the NSE market. Cyient Limited was established in the year 1991.
As per the report provided by the company, the total income for the last year stood at Rs 1,649.8 crore and the total sales stood at Rs 1,523.1 crore. The company’s net profit stood at Rs 248 crore. Sayyant Limited has paid a tax of Rs.114.4 crores in the current year.
PROS
- Stock is providing a good dividend yield of 3.06%.
- Company has maintained a good dividend payout of 50.10%
CONS
- The company’s sales growth over the past five years is 4.81% .
- Promoter holding is low: 23.41%
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