Five Stocks That Could Deliver Up to 44% Returns by Diwali 2027: Check the Picks
The Indian stock market has faced a challenging year, but five stocks, including Zen Technologies and ICICI Bank, could offer returns of up to 44% by Diwali 2027, according to an SR Plus report.
Shares of defence company Zen Technologies Ltd could deliver returns of up to 18% to investors by Diwali 2027. The stock surged by as much as 14% on Monday, following the company's strong profit performance in the second quarter of financial year 2027. Since January 1 this year, the stock has gained approximately 27%.
According to SR Plus, shares of ICICI Bank Ltd could generate returns of up to 27% by next Diwali. The stock has gained more than 3% so far this year. The company also reported a 20% increase in profit in the quarter of financial year 2027.
Tata Group company Tata Communications Ltd could see its shares rise by up to 28% by the next Diwali. However, the stock has declined by more than 3% so far this year. The company recently announced its second-quarter results for financial year 2027, reporting a profit increase of more than 80% during the quarter.
Government-owned defence company Bharat Dynamics Ltd is another stock that could deliver significant returns to investors by next Diwali. According to SR Plus, the stock has the potential to rise by up to 34% over the next year. However, it has declined by approximately 33% in 2026 so far.
Shares of Aegis Vopak Terminals Ltd, which operates in the liquid and gas storage segment, could also deliver substantial returns over the next year. According to SR Plus, the stock could gain up to 44% by next Diwali. It has already advanced by more than 19% so far this year. However, the company's profit declined by 2% in the second quarter.
These five stocks have been identified by SR Plus as potential investment opportunities for the period leading up to Diwali 2027, with projected returns ranging from 18% to 44%. However, their performance this year has varied, with some recording gains while others have witnessed significant declines.
Disclaimer: The recommendations and analysis presented in this article are those of individual analysts or brokerage firms and do not represent the views of NBT. Investors are advised to consult certified experts before making any investment decisions, as stock market conditions can change rapidly.

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