Top 8 Nifty500 Stocks with Up to 75% Upside Potential - Are You In?
Analyst forecasts go beyond mere numbers — they offer a strategic lens into future market potential. For investors looking out for the next breakout opportunity, Nifty500 stocks stand out as compelling picks. According to the estimates from Trendlyne, as many as Nifty500 stocks have the potential to deliver significant returns over the coming 12 months.
These upside estimates, based on average analyst price targets, offer a data-driven reference point for investors scouting high-return opportunities within the Nifty 500. In this analysis, we highlight eight Nifty 500 stocks tracked by at least five analysts, each carrying an estimated upside of 50% to nearly 80% over the next 12 months.
1. Inox Wind The stock is currently trading at Rs 114. Analysts have set a target price of Rs 203, implying an upside potential of 78%. Of the seven analysts tracking the stock, the consensus recommendation stands at Strong Buy.
2. Cohance Lifesciences The stock is presently trading at Rs 476, with analysts assigning a target price of Rs 801. This suggests an upside potential of 68%. Of the 9 analysts covering the stock, the consensus rating stands at Buy.
3. Aditya Birla Real Estate Currently trading at Rs 1,621, the stock has an analyst target price of Rs 2,654, implying an upside potential of 64%. Out of 8 analysts tracking the company, the consensus view is Strong Buy.
4. NCC The stock is trading at Rs 149, while analysts have set a target price of Rs 235, reflecting an upside potential of 58%. Among 13 analysts covering the stock, the consensus rating is Buy.
5. Kaynes Technology At present, the stock is trading at Rs 3,660. Analyst estimates suggest a target price of Rs 5,787, which translates into an upside potential of 58%. Of the 21 analysts tracking the stock, the consensus recommendation is Buy.
6. ACME Solar Holdings The stock is currently priced at Rs 226, with a target price of Rs 354 as per analyst estimates—indicating an upside potential of 56%. Among the 7 analysts covering the stock, the consensus rating is Strong Buy.
7. Signature Global Trading at Rs 1,008, the stock has a target price of Rs 1,520 based on analyst estimates, suggesting an upside potential of 51%. Of the 5 analysts tracking the stock, the consensus view is Strong Buy.
8. PCBL Chemical The stock is currently trading at Rs 285. Analysts have set a target price of Rs 426, implying an upside potential of 49%. Among 10 analysts covering the stock, the consensus recommendation is Buy.
These stocks represent a diverse range of sectors, from renewable energy to real estate and technology, offering investors a mix of growth and value opportunities. As always, it's important to conduct thorough research and consider your investment goals and risk tolerance before making any investment decisions.
Aditya Birla Real Estate, a prominent player in the Indian real estate market, is part of the Aditya Birla Group, known for its diversified business portfolio. The company has a strong track record of delivering high-quality projects and has been consistently recognized for its innovative practices and customer-centric approach. If you're looking for a solid investment in the real estate sector, Aditya Birla Real Estate could be a valuable addition to your portfolio.
In conclusion, the Nifty500 stocks highlighted in this analysis present a compelling case for investors seeking significant returns. By leveraging analyst forecasts and market trends, you can make informed decisions and potentially capitalize on these high-growth opportunities. Always consult with a financial advisor to tailor your investment strategy to your specific needs and objectives.
