Best Artificial Intelligence Stocks in 2023

Published : 28 Mar 2023

An IMARC Group analysis projects that the artificial intelligence (AI) business would be worth US$3,935.5 million by 2028, making it one of India's fastest-growing industries. AI is poised to transform numerous industries and open up new investment opportunities with improvements in machine learning, natural language processing, and computer vision.

EPS

104.3

TCS is one of India's largest IT services companies and has a significant presence in the AI industry. The company has invested heavily in AI research and development and has developed several AI-based solutions for its clients. TCS's stock has shown consistent growth over the years, and it is a solid choice for investors looking for exposure to the AI industry.

P/E Ratio

28.2

12.8

Price to Book Ratio

Current Market Price

₹3131.3

1,146,381

Market Cap Cr

EPS

51

Infosys is another major player in the Indian IT services industry and has been actively investing in AI research and development. The company has developed several AI-based solutions for its clients. 

P/E Ratio

24.6

7.6

Price to Book Ratio

Current Market Price

₹1383.95

573,538

Market Cap Cr

EPS

22.1

Wipro is an Indian multinational IT services company that provides AI-based solutions to clients in several industries. The company has been actively investing in AI research and development and has developed several AI-based solutions for its clients. 

P/E Ratio

17.3

3

Price to Book Ratio

Current Market Price

₹358.3

196,797

Market Cap Cr

EPS

39.7

HCL Technologies is another Indian IT services company that provides AI-based solutions to clients in several industries. The company has invested heavily in AI research and development and has developed several AI-based solutions for its clients. HCL Technologies stock is a perfect choice for investors looking for exposure to the AI industry.

P/E Ratio

19.7

4.6

Price to Book Ratio

Current Market Price

₹1050.05

285,369

Market Cap Cr

EPS

50.4

Tech Mahindra is an Indian multinational IT services company that provides AI-based solutions to clients in several industries. The company has invested heavily in AI research and development and has developed several AI-based solutions for its clients. 

P/E Ratio

20

3.8

Price to Book Ratio

Current Market Price

₹1068.75

104,429

Market Cap Cr