10 Best Indian Stocks to Buy According to Billionaires

2. Infosys Limited (NYSE:INFY)

Number of Billionaires: 10

Billionaire Holdings: $875,164,416

Infosys Limited (NYSE:INFY) provides digital services and consulting to clients in more than 50 countries, enabling them to navigate their digital transformation through cloud and artificial intelligence. With 10 billionaires holding a stake in the company, it is one of the best Indian stocks to buy.

The company recently extended its 10-year-long strategic partnership with AIB by taking on a renewed and enhanced role to support the financial services group as it accelerates its transformation initiatives. Under the collaboration, Infosys Limited (NYSE:INFY) will deliver application development and maintenance services, which will help in enhancing AIB’s operational efficiency.

Earlier this month, Infosys Limited (NYSE:INFY) and Formula E announced the launch of an AI-powered stats center to boost fan engagement. The stats center will leverage Infosys Topaz, which uses GenAI technologies, to deliver data-driven insights and interactive and immersive experiences.

On March 31, Infosys Limited (NYSE:INFY) and Linux Foundation announced a collaboration to advance responsible artificial intelligence principles across global networks. The partnership is a testament to the company’s commitment to fostering responsible use of AI on a global scale.

According to Insider Monkey’s database for Q4 2024, 27 hedge funds held a stake in the company, up from 26 at the end of the third quarter. Moreover, 10 billionaires have investments in Infosys Limited (NYSE:INFY), with combined holdings of over $875 million.