Top Artificial intelligence stocks in India I Best Ai stocks
Do you know? In the future, almost in 8 to 10 years, all appliances will be connected with artificial intelligence, cloud computing, big data, and machine learning. If we are investing in such types of companies who are working on Artificial Intelligence (AI), and machine learning, they will give multi-bagger returns to the investors in upcoming years.
In this article, we are going to talk about the Top Artificial intelligence stocks in India or Best Ai stocks. Which have the potential to give multi-bagger returns in the upcoming year.
When you listen to the words about Artificial intelligence stocks in India, then in your mind come such companies as happiest mind, TATA Elxsi, AFFLE India, Birla soft, L&T infotech, TCS, Infosys, etc. These companies are almost working on Different businesses. Apart From, TATA Elxsi, AFFLE India, Happiest Mind are working on Artificial intelligence. But in this article, we are not going to talk about these companies. We are talking about such AI stocks Maybe you do not listen about these AI stocks.
These best Ai stocks we selected on the below basis
- Return on Equity (ROE) and ROCE is more than 12%.
- All Companies in Profitable Growth path.
- positive free cash flow and Debt-free.
CYIENT ltd |CYIENT share price target
Is it good to invest in Cyient?
What is the future of Cyient?
Zensar technologies share is trading at 292.50 Rs in the stock market. If you see its PE ratio it is almost 18 and the industry price to earning is 29.1.
Zensar technologies share is basically works on application development Maintenance and provides Support also, it also does the Modernization, and Testing services and also work on Digital customer experience and marketing.
Zensar technologies share has given multi-bagger returns to the investor in the last 5 years. Zensar technologies share was trading at 68 Rs in march 2020.
Is Zensar a good buy?
Zensar technologies share current ROE is 14.9% and ROCE is 22.2%. Look like it is almost more than 15%. In the stock market if ROE and ROCE are more than 15% it’s a good sign for investment purposes. in short company fundamentals are good and as Zensar technologies share working on AI so future scope also has. You can consider this share for further analysis.
Is Saksoft a good buy?
SAKSOFT’s share price is currently trading at 750 Rs. This company’s Pe ratio is 13.9 now and the industry pe is 29.1 This company Has given 181% of returns to investors in the last 01 Year. SAKSOFT Limited is almost a debt-free company.
Last Three years Net Profit.
March 2020- 38 Cr
March 2021-45 Cr
Note- The data which is provided above vary with respect to time please check the latest data of fundamental analysis if you are interested in these stocks.