Stocks to Buy: Analysts See Up to 62% Upside in Suzlon Energy and These 5 Stocks

Several brokerage firms have pinpointed six stocks with the potential to climb between 23% and 62%, citing robust sector positioning and encouraging growth forecasts. The stocks in question are RBL Bank, Suzlon Energy, Coforge, Siemens Energy India, Voltamp Transformers, and Bharat Heavy Electricals Ltd (BHEL).

Friday's trading session concluded on a positive note for the benchmark indices. The Sensex rose by 449.53 points, a 0.53 percent increase, to close at 85,267.66. Similarly, the Nifty 50 index saw a gain of 148.40 points, or 0.57 percent, finishing at 26,046.95.

Here’s a closer look at the six stocks that brokerages recommend, highlighting their potential for substantial gains:

**RBL Bank Ltd**

RBL Bank, with a market capitalization of Rs. 18,996 crore, closed at Rs. 308 per share, slightly down from its previous close of Rs. 311.25. ICICI Securities analysts have given RBL Bank a ‘buy’ rating, with a target price of Rs. 415. This suggests a potential upside of approximately 35 percent from Friday's closing price.

RBL Bank is an Indian private-sector bank providing diverse banking services, including retail, commercial, and corporate offerings. The bank emphasizes technology, providing services like credit cards, loans, deposits, and digital banking. RBL Bank has expanded across India, targeting both urban and semi-urban areas.

**Suzlon Energy Ltd**

Suzlon Energy, with a market capitalization of Rs. 72,702 crore, closed at Rs. 53.02 per share, up from its previous close of Rs. 52.06. Anand Rathi's analysts have issued a ‘buy’ rating for Suzlon Energy, establishing a target price of Rs. 82 per share, which indicates a potential upside of about 55 percent from Friday's closing price.

Suzlon Energy is a leading Indian renewable energy company. It is known primarily for manufacturing wind turbines and providing comprehensive wind power solutions. Suzlon handles everything from design and engineering to the installation and maintenance of wind energy projects. The company has been instrumental in expanding India's wind energy capacity and is a key player in the global renewable energy sector.

**Coforge Ltd**

With a market capitalization of Rs. 61,975 crore, Coforge shares closed at Rs. 1,850.60, a slight increase from the previous close of Rs. 1,841.60. Motilal Oswal analysts have given Coforge a ‘buy’ rating and a target price of Rs. 3000 per share, implying a potential upside of roughly 62 percent from Friday's closing price.

Coforge is a global IT services and consulting firm specializing in digital transformation, cloud solutions, data analytics, and software services tailored to specific industries. It partners with clients in banking, insurance, travel, and healthcare. Coforge is recognized for its industry expertise, high customer retention rates, and a strong presence in the U.S., Europe, and the Asia-Pacific region.

**Siemens Energy India Ltd**

Siemens Energy India, with a market capitalization of Rs. 1,03,128 crore, closed at Rs. 2,895.90 per share, slightly down from its previous close of Rs. 2,907.70. Motilal Oswal analysts have issued a ‘buy’ rating for the stock, setting a target price of Rs. 3,800 per share, suggesting a potential upside of about 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 portfolio includes gas and steam turbines, grid technologies, and services that support the transition to sustainable energy systems. The company collaborates with utilities, industries, and governments to develop reliable and efficient energy infrastructure worldwide.

**Voltamp Transformers Ltd**

Voltamp Transformers, with a market capitalization of Rs. 8,204 crore, closed at Rs. 8,109.40 per share, up from its previous close of Rs. 7,998.90. Emkay analysts have issued a ‘buy’ rating for Voltamp Transformers, with 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 specializing in a wide array of transformers, including power, distribution, and special application units. The company provides industries, utilities, and infrastructure projects with reliable transformer solutions. Its dedication to engineering, manufacturing standards, and custom products has established it as a trusted name in the power equipment sector.

**Bharat Heavy Electricals Ltd (BHEL)**

Bharat Heavy Electricals Ltd, with a market capitalization of Rs. 99,378 crore, closed at Rs. 285.40 per share, up from its previous close of Rs. 276.40. ICICI Securities analysts have issued a ‘buy’ rating for BHEL, setting a target price of Rs. 370 per share. This suggests a potential upside of approximately 30 percent from Friday's closing price.

BHEL is one of India's largest engineering and manufacturing companies, serving the energy and industrial sectors. It manufactures equipment for power generation, transmission, transportation, defense, and renewable energy. BHEL is known for its extensive manufacturing facilities and engineering capabilities and is a major contributor to India's power infrastructure and large-scale industrial projects.