Artificial Intelligence (AI) isn’t merely a buzzword anymore; it’s transforming businesses across sectors. Let’s delve into how various companies are harnessing AI in their operations and how this could affect their stock performance. Here are the top 7 listed companies leveraging AI in their business operations:
| Sr No. | Company Name | Market cap (Rs crore) | Currently trading at (Rs) | 1 Year Returns |
|---|---|---|---|---|
| 1 | Affle (India) Ltd | 14509.41 | 1035.40 | 7.85% |
| 2 | Cartrade Tech Ltd | 3064.04 | 654.10 | 55.95% |
| 3 | Delhivery Ltd | 32490.59 | 439.55 | 30.68% |
| 4 | Easy Trip Planners Ltd | 7788.12 | 43.95 | -5.38% |
| 5 | Fsn E-Commerce Ventures Ltd | 42730.03 | 149.75 | 8.86% |
| 6 | PB Fintech Ltd | 49063.56 | 1092.80 | 94.94% |
| 7 | Zomato Ltd | 133599.82 | 154.00 | 203.95% |
Specializing in consumer engagement solutions, Affle India utilizes AI to refine its marketing strategies. Analyzing vast consumer data enables them to personalize content and target specific user personas, thereby enhancing campaign effectiveness and potentially increasing profitability.
Focused on the automotive market, Cartrade Tech employs AI to enhance its SEO capabilities and generate leads for partner OEMs. Through AI-powered content generation and automated chatbots, CarTrade can streamline processes and boost customer engagement, signaling innovation and efficiency to investors.
Logistics giant Delhivery integrates AI to optimize operations and enhance efficiency. Leveraging AI tools for data analysis and automation, Delhivery improves fleet planning, route optimization, and document processing, leading to cost savings and enhanced customer service.
Online travel agent Easy Trip Planners streamlines customer support and enhances user experience with AI. AI-powered chatbots handle a significant portion of customer queries, improving efficiency and reducing operational costs, making Easy Trip Planners an attractive investment in the travel sector.
Beauty and wellness platform Nykaa employs AI to create personalized experiences for customers. Through analyzing consumer data and generating hyper-personalized content, Nykaa enhances its marketing strategies and improves customer engagement, potentially driving growth and increasing stock value.
Insurance marketplace Policybazaar leverages AI to enhance digital marketing and customer service efforts. With targeted campaigns and AI-powered chatbots for routine queries, Policybazaar enhances customer experience and drives higher conversion rates, signaling positive prospects for future growth.
Food delivery platform Zomato experiments with AI to improve various aspects of its operations, from customer support to route optimization. By leveraging AI-powered chatbots and data analysis tools, Zomato enhances efficiency and user experience, potentially increasing customer satisfaction and stock performance.
In conclusion, companies embracing AI in their operations stand to benefit from increased efficiency, improved customer satisfaction, and potentially higher profitability. For investors, monitoring these companies and their AI initiatives could offer attractive opportunities in the stock market.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.
Published on: Mar 15, 2024, 2:51 PM IST
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