If one takes a look at current markets, both within the country and globally, the stock price of technology companies seem to be skyrocketing when compared to others on the stock market, with Google, Infosys and the likes posting massive returns from when they were listed. Let’s take a look at India’s top 20 tech stocks that have the potential to be market disruptors, and help you determine the best option to invest in.
1. Zensar Technology
Zensar technologies has recently pivoted its focus completely to AI solutions, with its R&D department Zensar AIRLABS at the forefront. The company is focused on sales, marketing, IT, as well as talent supply chain and HR solutions.
2. Happiest Minds
Happiest minds uses natural language processing, video and image analytics as well as AR and VR technologies to provide consumers with immersive experiences through augmented intelligence.
3. Persistent systems
Persistent Systems has put its bet on machine learning, and provides machine learning driven solutions for banking and financials, healthcare, life sciences as well as industrials and telecom and media.
4. Tata Elxsi
Tata Elxsi could be one of the best short term investments as it is a Tata subsidiary, and has been in the market for the last 25 years. The company focuses on AI and analytics, ranging from video analytic solutions to self-driving cars.
Another rather well known company on the list, Bosch’s Center for Artificial intelligence (BCAI) makes it a good AI tech stock to keep an eye out for. It focuses on using data from all Bosch disciplines, with the primary focus being AI technologies.
6. Kellton Tech
Kellton Tech focuses on providing AI driven technology solutions, and has a net revenue of 7.39 billion, making it a good contender on the list.
From intelligent automation, enterprise applications to augmented analytics, Saksot is focused on providing clients with digital transformation solutions.
8. Oracle Financials
Oracle offers a number of AI driven solutions through cloud applications and platforms for the needs of clients with their IT processes. With Gen 2 Cloud that allows automation to be accelerated, and the Oracle Autonomous Database, the company poses good prospects for the future.
Affle leverages its proprietary consumer intelligence platform in order to help advertisers market efficiently and set ad recommendations. With its IPO being granted in 2019, the fairly new company holds good potential for the monetised online world that we find ourselves in.
10. Cyient Ltd
Cyient is a tech stock you could consider adding to your short term investment plan, at the CMP of 897.85. The company focuses on providing solutions to complex business problems by employing advanced analytics capabilities, digital technologies and technical expertise.
11. B2B Software Technologies
B2B is the company behind B2B LIFT, a life sciences software solution harnessing Microsoft’s Dynamic NAV platform. The company is also a Microsoft certified gold partner.
12. Bartronics India Ltd
Bartronics focuses on providing identification and data capital solutions, and was incorporated way back in 1990. Additionally, they also provide RFID, POS and smart card solutions as well, making it a worthy consideration for your short term investments.
Nkyaa is an e-commerce company, and one of the only currently profitable ones at that, with the best stock market advisors and best mutual fund advisors recommending the stock, making it a no brainer on this list.
Another Ecommerce website on the list, Indiamart offers B2B solutions for customers and buyers through their web portal, and has created a reputable name for itself over the years.
15. Xchanging solutions Ltd
Xchanging solutions is focused on process outsourcing, alongside providing information technology services. With a relatively cheap stock price currently, it could be a good if not best option to invest.
16. 63 Moons Tech
63 Moons Tech could be a good addition to your short term investment, as the company focuses on enabling price discovery and transaction efficiencies.
17. Intellect Design.
Intellect Design Arena focuses on providing banks with financial technologies that will help them grow their business, alongside offering a multi-product fintech platform.
18. 3i Infotech
An older of the companies on the list, 3i infotech was incorporated in 1993, and has revamped its offerings to suit the digital age, focusing on providing cloud based solutions.
19. Sterlite Technologies.
The internet is one of the most important utilities we have right now, and we are constantly striving to improve speed. Sterlite provides optic fiber cables solutions and has a 45& share of the market, making it easy to recommend, even by the best stock market advisors.
An oddity on this list, it is common knowledge that even the best mutual fund advisors will recommend the company. However, with a weak year, the stock price has taken a dip, providing a good buying opportunity given the otherwise strong fundamentals.
Technology stocks hold abundant potential for the future, though it is important that you do your analysis before buying any stocks, and don’t rely on recommendations alone. Once you have chosen to open a demat account, you can begin your research and buy technology stocks that could pose considerable returns in the future.
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