Stocks To Buy: Suzlon Energy and 5 other stocks to buy for an upside of up to 62%

Synopsis: Brokerages have identified six stocks like RBL Bank, Suzlon Energy, Coforge, Siemens Energy India, Voltamp Transformers, and BHEL with potential upsides of 23% to 62%, supported by strong sector positions and positive growth outlooks.

The Benchmark Indices concluded Friday’s trading session positively, with the Sensex increasing by 449.53 points, or 0.53 percent, ending the day at 85,267.66. Meanwhile, the Nifty 50 index increased by 148.40 points, equivalent to a rise of 0.57 percent, and closed in the green at 26,046.95.

Below are six stocks that brokerages have recommended for a potential upside of up to 62 percent.

RBL Bank Ltd

With market capitalization of Rs. 18,996 cr, the shares of RBL Bank Ltd are closed at Rs. 308 per share, from its previous close of Rs. 311.25 per share. The analysts of brokerage firm ICICI Securities have issued a ‘buy’ rating for RBL Bank Ltd, setting a target price of Rs. 415 per share, indicating a potential upside of around 35 percent from Friday’s closing price.

RBL Bank is a private-sector Indian bank offering a wide range of retail, commercial, and corporate banking services. Known for its focus on technology-driven banking, it provides products such as credit cards, personal and business loans, deposits, and digital banking solutions. Over the years, the bank has expanded nationwide, targeting both urban and semi-urban markets.

Suzlon Energy Ltd

With market capitalization of Rs. 72,702 cr, the shares of Suzlon Energy Ltd are closed at Rs. 53.02 per share, from its previous close of Rs. 52.06 per share. The analysts of brokerage firm Anand Rathi have issued a ‘buy’ rating for Suzlon Energy Ltd, setting a target price of Rs. 82 per share, indicating a potential upside of around 55 percent from Friday’s closing price.

Suzlon Energy is one of India’s leading renewable energy companies, primarily known for manufacturing wind turbines and providing end-to-end wind power solutions. The company operates across design, engineering, installation, and maintenance of wind energy projects. Suzlon has played a significant role in expanding India’s wind energy capacity and remains a key player in the global renewable energy sector.

Coforge Ltd

With market capitalization of Rs. 61,975 cr, the shares of Coforge Ltd are closed at Rs. 1,850.60 per share, from its previous close of Rs. 1,841.60 per share. The analysts of brokerage firm Motilal Oswal have issued a ‘buy’ rating for Coforge Ltd, setting a target price of Rs. 3000 per share, indicating a potential upside of around 62 percent from Friday’s closing price.

Coforge is a global IT services and consulting company specializing in digital transformation, cloud solutions, data analytics, and industry-specific software services. It works extensively with clients in sectors like banking, insurance, travel, and healthcare. Coforge is known for its deep domain expertise, high customer retention, and strong presence in the U.S., Europe, and Asia-Pacific.

Siemens Energy India Ltd

With market capitalization of Rs. 1,03,128 cr, the shares of Siemens Energy India Ltd are closed at Rs. 2,895.90 per share, from its previous close of Rs. 2,907.70 per share. The analysts of brokerage firm Motilal Oswal have issued a ‘buy’ rating for Siemens Energy India Ltd, setting a target price of Rs. 3,800 per share, indicating a potential upside of around 31 percent from Friday’s closing price.

Siemens Energy is a global energy technology company focused on power generation, transmission, and renewable energy solutions. Its offerings include gas and steam turbines, grid technologies, and services supporting the shift toward sustainable and decarbonized energy systems. The company works closely with utilities, industries, and governments to build reliable and efficient energy infrastructure worldwide.

Voltamp Transformers Ltd

With market capitalization of Rs. 8,204 cr, the shares of Voltamp Transformers Ltd are closed at Rs. 8,109.40 per share, from its previous close of Rs. 7,998.90 per share. The analysts of brokerage firm Emkay have issued a ‘buy’ rating for Voltamp Transformers Ltd, setting a target price of Rs. 10,000 per share, indicating a potential upside of around 23 percent from Friday’s closing price.

Voltamp Transformers is an Indian manufacturer known for producing a wide range of transformers, including power, distribution, and special application units. The company serves industries, utilities, and infrastructure projects with high-quality, reliable transformer solutions. Its strong focus on engineering, manufacturing standards, and custom-built products has made it a trusted name in the power equipment sector.

Bharat Heavy Electricals Ltd (BHEL)

With market capitalization of Rs. 99,378 cr, the shares of Bharat Heavy Electricals Ltd are closed at Rs. 285.40 per share, from its previous close of Rs. 276.40 per share. The analysts of brokerage firm ICICI Securities have issued a ‘buy’ rating for Bharat Heavy Electricals Ltd, setting a target price of Rs. 370 per share, indicating a potential upside of around 30 percent from Friday’s closing price.

BHEL is one of India’s largest engineering and manufacturing companies in the energy and industrial sectors. It produces equipment for power generation, transmission, transportation, defense, and renewable energy. Known for its extensive manufacturing facilities and engineering capabilities, BHEL plays a major role in India’s power infrastructure and large-scale industrial projects.

Written by Manideep Appana

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