Hot Stocks: 3 stocks that may give returns between 11-36%

ET BureauLast Updated: Jun 19, 2026, 06:05:00 AM IST

Synopsis

Analysts are recommending several stocks with projected returns ranging from 11% to 36%. Key picks include United Spirits, Vedanta Aluminium Metal, and Reliance Industries, with analysts citing strong brand portfolios, favorable policy changes, market deficits, and promising new energy ventures as drivers for potential growth and shareholder returns.

A look at some of the stock recommendations by analysts of late. These stocks are expected to return between 11% and 36% as per analysts’ price targets

UNITED SPIRITS

BROKERAGE: JP MORGAN Price Target: Rs 1,510 CMP: Rs 1,351 | Upside: 11.8%

• Strong portfolio of brands (supported by Diageo’s brands) and focus on profi tability
• Favourable policy changes across key states to support growth in the coming quarters

VEDANTA ALUMINIUM METAL

BROKERAGE: KOTAK INSTITUTIONAL Price Target: Rs 600 CMP: Rs 451 | Upside: 33%

• Initiate coverage with buy; structural aluminium market deficit and elevated prices should further support earnings growth
• Strong free cash fl ow should drive rapid deleveraging and higher shareholder returns

RELIANCE INDUSTRIES

BROKERAGE: CLSA Price Target: Rs 1,800 CMP: Rs 1,328 | Upside: 36%

• New energy business, spanning solar, batteries, electrolysers and compressed biogas, set for a ramp-up; updates likely to be closely watched at the AGM.
• Advances in perovskite solar modules and wider adoption of sodiumion batteries could boost investor interest in its new energy business and help rerate the stock.

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