Thread by @TradeBrainsGrp

Top 7 Artificial Intelligence stocks in the India!!

AI stocks are not only a great investment for the future but also could be a game-changer for the Indian economy. It is expected that AI has the potential to make up 15% of India’s current gross value in 2035 or $957Bn. (1/9)

1. Tata Elxsi - Founded in 1989 to develop, promote applications of electronics, embedded systems & software. Today it is one of the worlds leading providers of design & technology services. Financially it has performed well & has had a CAGR of 12% for the last 5 years. (2/9)

2. Affle- Founded in 2006, Affle is a global tech company. The company is mainly focused on providing end-to-end solutions for App Marketing. In India, it has 12 patents pending for digital fraud detection, push notifications, partner pixelling for user identification. (3/9)

3. Kellton Tech Solutions- Founded in 1993 and based in Hyderabad, Kellton Tech Solutions is an information technology and outsourcing company. They are focused on using AI to solve challenges that would otherwise take a lot of human intellect. (4/9)

4. Oracle- It helps companies use prebuilt AI, data-driven cloud applications to automate operations resulting in saved time and cost and improved customer experience due to accelerated process. Their Cloud applications help speed up automation and reduce human errors. (5/9)

In sales, their applications help agents convert sales by helping them recognize opportunities with the highest probability. These applications are also extended to HR helping them improve employee engagement and prospective candidate quality. (6/9)

5. Happiest Minds- Founded in 2011, it is an IT consulting and services company. The company offers its clients various services which include artificial intelligence, cloud, internet of things(IoT), blockchain robotics/drones, virtual/augmented reality, etc. (7/9)

6. Persistent Systems- Founded in 1993, it offers its clients secure and scalable mobile networking capability. The company uses AI to help companies improve and scale their operations. Financially the company has achieved a CAGR of 10.75% and annual sales growth of 16.16%. (8/9)

7. Cyient - Founded in 1991, Cyient is an engineering, outsourcing and technology solutions company. They provide AI tools and assist companies to achieve their respective goals. Financially the company has achieved a CAGR of 10.75% and a sales growth of 16.16%. (9/9)