Best Metaverse Stocks in India: An Overview
Speculated as the next big thing on the internet — Metaverse has opened a wide range of opportunities for investors, innovators, entrepreneurs, and developers with full shenanigans. Renowned global giants like Facebook, NVIDIA, Epic Games and others have already started to invest heavily in building a metaverse, which was previously seen and heard of only in sci-fi movies and novels like The Matrix (1999) and Snow Crash (1992).
That’s not it. Even Indian tech giants like Mahindra and TCS have successfully entered the metaverse. And this is enticing investors like never before. It is safe to say that all of these activities are giving rise to the popularity of metaverse stocks in India. In fact, investing in Indian metaverse stocks is the best way to enter the metaverse and earn huge profits.
In this article, we will discuss everything about metaverse stocks, along with the top listed metaverse companies in India. Keep reading!
What is Metaverse?
In the simplest terms, the metaverse is a 3D space built on the internet, where users can interact with the help of avatars and computer-generated objects. It is basically a virtual world that uses the internet and virtual reality. Talking about the applications of the metaverse, social networking, training, online gaming, education and entertainment are some of the most popular uses of the metaverse. Its aim is to create a virtual world that mimics our real world as closely as possible.
Metaverses are known to offer a completely unique and thrilling experience to the users. With the biggest global companies investing in them, they are expanding and evolving at a lightning speed.
What is a Metaverse Stock?
A metaverse stock is simply the capital raised by companies and businesses operating in the metaverse through the issuance of shares. In a nutshell, it is a security that represents a small fraction of your ownership in these companies. Because metaverse is gaining financial power and growing at a faster pace, experts are suggesting investors grow their assets in this virtual space by investing in the best metaverse stocks.
Why Invest in Metaverse Stocks?
While there are many ways to invest in Metaverse, buying metaverse stocks of top companies remains the most classic one. You have the option to invest in companies across various industries like IT, Software Development, Entertainment, and others. Including a mix of metaverse companies that are helping in the expansion of this virtual world can help you gain good returns while balancing out your risks. You can invest in the form of stocks or ETFs ( Exchange-traded funds).
The mix of metaverse companies we have discussed above can include software companies developing software and solutions for the metaverse, hardware companies manufacturing hardware for increasing participation in metaverse activities, internet companies providing high-speed connectivity, and so on.
Scope of Metaverse in India
Looking at the current trends and growing popularity of metaverse, one thing is clear – metaverse surely has a promising future. With top global companies investing billions in the growth and expansion of the metaverse, neglecting the metaverse stocks can be a mistake. As per the stats, the metaverse industry is expected to grow at an impressive CAGR of 37.1% and touch a whopping $758 billion by the end of 2026. And that’s not enough, India ranks at the 5th position on the list of top nations driving metaverse. In fact, the world and IT leaders like Mark Zuckerberg are expecting massive participation in the metaverse from India. The biggest reason behind this speculation is the increasing smartphone and internet penetration in the country. It would not be wrong to say that the metaverse companies are counting on Indian users for their increasing love for smartphones and the internet.
So, a smart idea is to grab this billion-dollar opportunity and include some thriving metaverse stocks in your portfolio. But what are these stocks? Let’s take a look!
Best Metaverse Stocks in India
Following is a list of top Indian metaverse companies along with their metaverse share price and other important parameters:
| Stock | Industry | Market Cap (Cr) |
| Reliance Industries | Refineries, Retail and Telecommunications | Rs. 17,32,762 |
| TCS | Information Technology | Rs. 13,45,031 |
| Hindustan Media Ventures | Media & Publishing | Rs. 513 |
| Nazara Technologies | Entertainment | Rs. 5,388 |
| Triveni Engineering and Industries Limited | Manufacturing | Rs. 8,108 |
(Data as of 4 November 2022)
Disclaimer: The securities quoted are exemplary and not recommendatory. Past performance is not indicative of future returns
Reliance Industries
Reliance Industries is probably the biggest metaverse company in India, in terms of market capitalization. The company is a driving force for the growth of the metaverse in the country. The reason? It is the biggest provider of the most important service required for its functioning: high-speed internet and affordable prices.
It’s no hidden fact that Reliance Telecom’s Jio has spread internet penetration in the country like wildfire. The company is currently focusing on developing super engaging artificial experiences for smooth virtual interactions and AI-based lifelike gaming. Moreover, the company is financially independent and has great potential for investing in the metaverse market.
Tata Consultancy Services Ltd.
The second most desirable metaverse stock in India is the leading IT giant, Tata Consultancy Services Limited. The company has recently introduced a special products lineup that includes nine horizontals in three schemes:
- Technology(TEC)
- Culture (CUL)
- Time and Space (TAS)
Moreover, TCS has also started to work on a virtual bank, which will help in NFT and retail transactions using its in-house blockchain system. With this product, the company will focus on education, packaged goods, real estate, and the retail sector.
Hindustan Media Ventures Limited
Hindustan Media Ventures Limited is the next best Indian metaverse company in this list. Although it is a publishing company, it has recently entered the metaverse market by buying stakes in WURKR, which is a SaaS company in the UK. This company provides software solutions for companies to facilitate their employees to work from all across the globe through an interactive virtual platform. With the increasing popularity of the Work-from-Home culture, Hindustan Media Ventures can be a great metaverse stock to invest in in 2022.
Nazara Technologies Limited
Nazara Technologies is another thriving company in the Indian metaverse segment. It is a leading gaming company that is in the news for acquiring multiple VR companies. It has acquired Instasportz, a company that sets VR lounges in public places like shopping malls and gaming zones. It also bought PublishMe, which is a company that develops gaming IPs.
As we have already discussed, global metaverse companies are targeting the Indian audience for their love for online gaming and Nazara technologies have the upper hand as it creates interactive and fun online games. Another reason why it is the favourite company of the crowd is, Late Rakesh Jhunjhunwala, the big bull owns a whopping 32.94 lakh shares of the company.
Triveni Engineering and Industries Limited
Triveni Engineering and Industries Ltd is originally a sugar company. However, it has recently invested in JetSynthesis, which is a company that offers over 300 online games from the fashion and entertainment segment. Even celebrities and leaders like Sachin Tendulkar and Adar Poonawala have invested in this gaming company.
Final Words
The metaverse industry is definitely here to stay and thrive. It is opening doors for investing in the virtual world like never before. So, it is surely a good idea to buy a couple of metaverse stocks and add them to your portfolio to benefit from it. However, investment in the metaverse sector should be done very carefully as it is still in its growing phase. One needs to perform thorough research and conduct the necessary analysis before investing in metaverse stocks in India.
This is not an investment advisory. The blog is for information purposes only. Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, goal, time frame, risk and reward balance, and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs. The performance and returns of any investment portfolio can neither be predicted nor guaranteed.
Is it safe to invest in the metaverse?
Just like cryptocurrency, the metaverse holds massive potential for offering higher returns at risk of higher losses. But if invested in a mindful manner, it can surely be rewarding. A good idea is to invest around 10% of your portfolio in the best metaverse stocks after performing thorough research.
How do I buy metaverse stocks in India?
You can easily buy metaverse stocks from the stock exchanges in India. You can buy and sell them using a Demat account.
Which Indian companies have invested in metaverse?
Many leading IT companies like Nazara, Zensar, TCS, Infosys, HCL, etc. are among the top metaverse development companies in the country.