Top 10 Artificial Intelligence stocks in India | Part – 2

 Top 10 Artificial Intelligence stocks Part – 2

As already we have discussed the the term Artificial Intelligence stocks and the expected growth of AI industry and the total AI scenario in the Part – 1, here we are discussing the remaining five stocks in the line. if you not read the Part – 1, please read 

Artificial intelligence stocks

6. L&T Technology Services Ltd 

Overview : L&T Technology Services Ltd is an leading engineering services provider, and that was found in 2012. This company offers Engineering, Research and Development (ER&D) and digitalization solutions to it’s clients. This company serves across the industries such as transportation, Industrial Products, Telecom, Hi-Tech, and Medical devices and etc.

Coming to AI part this company is effectively working on Artificial Intelligence and Machine Learning, Internet of Things (IoT). this company may create impact and may grabs enough space in the AI segment. As this stock is one of the artificial intelligence stocks.

Financials : L&T Technology services is a fundamentally strong company and continuously generating positive cash flows from it’s operations. This company is debt free. The company’s return ratios are good such as ROE is 28.1% and ROCE is 38.2%, that are based on last three years. this stocks is currently trading at Rs. 4845 and this stock generated 472% of returns in the last 5 years.

7. Bosch Ltd 

Overview : Bosch Ltd has strong presence in various various segments such as automotive technology, industrial technology, consumer goods and services building technology. Also this company manufactures and trades in products such as diesel and gasoline fuel injection systems, automotive aftermarket products, industrial equipment, power tools security systems, consumer energy products and solutions, this company aimed at becoming leading player in providing product solutions.

Coming to AI space company is keep on working with Internet of Things (IoT), this company currently working on Mobility solutions with the namw of Connected Mobility, under this name company is offering the security, entertainment and fun solutions. and offering home security and entertainment solutions under the name of connected living, also offering industrial solutions to make their productivity efficient, to meke their employees safe and to bring flexibility in the manufacturing plant with the name of connected industry. This company is one of the artificial intelligence stocks.

Financials : Bosch Ltd is a strong company in fundamentals and continuously generating positive cash flows from it’s operations. Bosch Ltd is a debt free company. If you look at the company return ratios based on last three years average, ROE is 13.0% and ROCE is 19.0%. this stock is currently trading at Rs 15320 and this company generated negative returns over the past 5 years.

8. Oracle Financial Services Software Ltd

Oracle Financial Services Software Ltd provides financial softwares for the banks ans financial institutions, custom application development, consulting IT infrastructure management, and outsourced business processing services to the financial services industry. Also this company offering various products such as software solutions in the banking and insurance sector, analytical application products, financial crime compliance management products. Oracle’s Flexcube is the platform, that was offered for retail, merchant and investment banking, already top banks are using this platform like HDFC Bank.

Oracle is offering solutions for customer acquisition and experience, banking, insurance payments, risk and finance, revenue management, AML and financial crime compliance, cloud infrastructure and human capital management. this company covering various sectors such as retail banking, corporate banking life insurance, health insurance and other financial industries. this company trying to build their all solutions with integration of AI & ML. with the help of AI this company offering AI integrated solutions to it’s clients. This company is one of the artificial intelligence stocks.

Financials : Oracle financial services software ltd is a fundamentally very strong company, and generating positive cash flows from it’s operations. if you look at the company’s return ratios based on last three years average, the ROE is 26.7% and ROCE is 40.5%. this stock is currently trading at Rs. 4700 and generated 45% of returns over the last five years.

9. Subex Ltd

Overview : Subex Ltd is a software product company which works in the space of Digital trust it means it is focussed on privacy, security, risk mitigation, predictability and confidence in data mainly in the telecommunication space focussing on products to communications serive providers globally. some of the key products that company offering is revenue assurance, network analytics, fraud management, identity analytics, partner ecosystem management, IoT security, analytics centre of trust and anomaly detection.

coming to AI part the company is always trying ti integrate AI and IoT in it’s products and solutions that company is offering, such as Hypersense which is end to end augmented analytics platform requires AI algorithm. IoT security which built itself based on AI algorithm to detect spam and to provide privacy and security. this company everywhere in it’s products is using AI & ML and IoT. This company is one of the artificial intelligence stocks.

Financials : This company is becoming fundamentally and financially strong company by acquiring telecommunication leaders like airtel and cell as their clients. alson this company becomes debt free company. If you look at return ratios based on the aveerage of last three years, ROE is 7.19% and ROCE is 10.9%. this company is currently trading at Rs. 53 and generated 382% of returns over the last five years.

10. Zensar Technologies Ltd

Zensar Technologies Ltd is one of the leading digital solutions and technology solutions provider. this company engaged in two businesses, they are like application management services and infrastructure management services. This company also focused on working on the industries such as hitech and manufacturing, consumer services and banking, financial services and insurance. as company focusing on providing digital solutions company has integrated AI algorithm in their products.

Financials : Zensar Technologies Ltd is a strong company in both fundamentals and financials and is debt free company. If you look at the return ratios of the company, thar are based on last three years of average, ROE is 14.6% and ROCE is 21.1%. Zensar is currently trading at Rs. 508 and generated 156% of returns over the last five years.

Apart from these 10 stocks you can also focus on these stocks to get benefited from futuristic technology Artificial technology and IoT

11. Cyient Ltd – CMP is ₹1084

12. Mphasis – CMP is ₹3366

13. Info Edge – CMP is ₹6650

14. Kellton Tech – CMP is ₹52.5

Conclusion :

As all above mentioned five artificial intelligence stocks are very strong in terms of fundamentals and having successful management. Most importantly these companies are working on the technology that is going to be transforming the entire globe into the new era. this technology is going to unveil self driving cars, robotics, Internet of Things and many more. so we need to understand that these companies is going to taste the real growth and they are going to be part and going to be drive the futuristic technology. 

So that we can consider these stocks for investment in terms of long term, as we discussed they have lot of potential to grow in these AI and technology space. and we can accumulate these stocks in every correction, as it’s an opportunity to get them in lower prices.

 

Disclaimer : This is standard disclaimer that every time i am mentioning, the stocks analysis and suggestions are purely based on my personal view. so please try to do your own research else take an advice from your financial advisor. When you can do your own research, you’ll get a conviction about particular stock that can gives confidence and you will ride the stock till it becomes multibagger.