Unlocking Opportunities: Artificial Intelligence Penny Stocks in India

artificial intelligence penny stocks in india

In recent years, Artificial Intelligence (AI) has emerged as a revolutionary force in a variety of industries, influencing how a company operates and speeding its technical progress. AI penny stocks provide an appealing opportunity for investors seeking exposure and profit from the potential of AI-driven businesses. 

This guide lists six artificial intelligence penny stocks in India, providing insight into the future of investing in this cutting-edge technology. Automate your reading now!

AI Penny Stocks in India

There are several AI penny stocks available for Indian investors to commit to. However, taking into consideration the complexity of investing in this dynamic industry, LenDen Club has compiled the important traits of six AI penny stocks in India in the table below. 

Stock

Dividend Yield

Net Profit (in ₹ Crs)

ROE (%)

ROCE

(%)

Net CF

(in ₹ Crs)

Piotroski Score

Price-Earnings Ratio (P/E)

Market Cap (in crs)

Debt-to-Equity

Book Value

Subex Ltd

-68.76

-9.56

-9.35

16.46

4

30.90

1725

0.00

7.54

RateGain Travel Tech

0.00

5.74

10.2

10.2

66

5

64.4

8320

0.02

55.9

Happiest Minds Tech Ltd

0.66

0.23

28.9

27.4

0.36

3

51.3

12436

0.64

90.4

Kellton Tech Solutions

0.00

-126.81

16.5

14.3

3.86

5

22.3

1015

0.4

49.19

Saksoft Ltd

0.24

81.98

22.7

28.4

14.01

6

31.8

3112

0.03

37.88

Nucleus Software Exports Ltd.

0.74

128

20.3

27.1

15

8

17.5

3630

0.00

257

Note: This blog is only for informational purposes; we are not SEBI registered, and we are not promoting any company or pushing you to buy stocks of a specific company; please do your research before purchasing the stocks.

Now that we know how these AI penny stocks are responding to the fluctuating market, let’s take a closer look at each of these companies.

1. Subex Limited

Subex Limited, listed as 532348 on BSE and SUBEX on NSE, is a global provider of business and operational support systems, as well as digital trust solutions. Zooming in on our first:

With a renewed emphasis on innovation and digital transformation, Subex Limited is an intriguing AI penny stock investment possibility. The book value of ₹7.54 shows that it won’t fall heavy on your pocket.

2. RateGain Travel Tech

RateGain Travel Tech, listed as 542927 on BSE and RATEGAIN on NSE, is a top provider of SaaS solutions for the travel and hospitality industries, which include revenue management, distribution, and digital marketing. 

RateGain’s AI-powered products help travel organizations optimize pricing strategies, improve distribution channels, and personalize consumer experiences. The company has a lower debt-to-equity ratio and an appealing cash flow, making it a relatively safe investment option. 

3. Happiest Minds Technologies Ltd

Next on our list of artificial intelligence penny stocks in India is Happiest Minds Technologies Ltd, listed as 543227 on BSE and HAPPSTMNDS on NSE. It is a digital transformation and IT consulting firm that offers a variety of services in areas like healthcare, retail, and automotive.

Happiest Minds specializes in new technologies such as AI, IoT, and analytics, assisting enterprises in harnessing the power of digital to promote innovation and competitiveness. With a dividend yield of 0.66, you get a good dividend for your investment. This AI penny stock in India is on the rise and is increasing its market share each day.

4. Kelton Tech

Kelton Tech, listed as 539967 on BSE and KELTONTEC on NSE, is a technology consulting and solutions firm that offers end-to-end IT services to clients globally.

Kelton Tech helps businesses increase their digital drive by assisting in enterprise software development, cloud computing, and artificial intelligence. The current ratios of Kelton Tech, when compared to their past ones, come out on a fairer end.

5. Saksoft Ltd

Saksoft Ltd, listed as 590051 on BSE and SAKSOFT on NSE, is a prominent provider of digital transformation solutions and services that serve a wide range of industries, including banking, insurance, and healthcare.

Saksoft Ltd. works with enterprises to update their IT infrastructure and improve business agility by embracing emerging technologies such as AI, blockchain, and IoT. The ROE of this AI penny stock is 22.7, increasing its chances of converting its equity financing into profits.

6. Nucleus Software Exports Ltd.

Nucleus Software Exports Ltd., listed as 531209 on BSE and NUCLEUS on NSE, is a prominent provider of loan and transaction banking solutions, using artificial intelligence and machine learning to create unique software products. What’s in it for you?

Despite its low stock price, Nucleus Software has shown endurance and growth potential, making it an attractive AI penny stock in India for investors eager to participate in the fintech revolution. With a Piotroski score of 8, the company tips the scales in its favour, making it an alluring investment.

Wrapping Up

Investing in AI penny stocks in India provides an exciting opportunity to participate in the early stages of growth for creative enterprises. As the AI revolution unfolds, these artificial intelligence penny stocks in India emerge as intriguing investments for anyone looking to ride the tide of technological evolution.

FAQs

1. What is a penny stock?

A penny stock is a low-priced stock with a low market capitalization. These shares have fewer stockholders, larger bid-ask spreads, and less information disclosure. These stocks have limited liquidity. As a result, the price can be manipulated by purchasing a large number of shares to cause a price spike or by selling shares to cause a price drop.

2. Which stock will boom in 2024?

The AI environment in India is seeing an unparalleled increase, with a projected market size of USD 3,935.5 million by 2028, according to IMARC Group’s comprehensive analysis. Tata Elxsi, Persistent Systems, L&T Technology Services, and Bosch Ltd are a few stocks that are set to boom in 2024.

3. Is it the right time to invest in AI penny stocks in India?

As AI grows globally, investors can gain international exposure. We are in the early stages of AI adoption, so there could be tremendous short- and long-term benefits. Many of the world’s AI leaders are well-known technology businesses whose stocks have performed well in the long run.

LenDenClub is India’s largest alternate investment platform which started operations in India in 2015. We have been helping investors diversify their investments beyond traditional investment instruments ever since.


LenDenClub is India’s largest alternate investment platform which started operations in India in 2015. We have been helping lenders diversify their investments beyond traditional investment instruments ever since.

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*This is an annualized yield and is subject to the maximum FMPP tenure, which is 5 years. P2P lending is subject to high risk and may cause an entire loss of principal.
 

*P2P lending is subject to risks. And lending decisions taken by a lender on the basis of this information are at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower.

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