9 Sensex stocks with up to 41% upside potential.
Are these in your portfolio?
Written by Ritesh Presswala , ETMarkets.com| Aug 16, 2026, 01:08:08 PM IST 1/10 Analyst Picks Analyst forecasts often offer more than just numbers; they provide insights into where the next wave of market opportunities may emerge.
For investors scanning the Sensex for potential outperformers, the latest analyst consensus highlights several heavyweight stocks that could deliver strong returns over the coming year.According to Trendlyne data, multiple Sensex stocks show attractive upside potential over the next 12 months based on average analyst target prices.
This "upside" represents the expected gain from current levels and serves as a research-backed indicator for investors seeking to position themselves ahead of potential rallies.
Among them, nine Sensex stocks stand out, with projected gains ranging from 20% to 41%, suggesting strong return potential in an increasingly selective market. iStock 2/10 HDFC Bank The stock is trading at Rs 727, while analysts see a target price of Rs 1,025, pointing to an attractive 41% upside potential.
With 40 analysts tracking the stock, the consensus view remains a strong buy.
Reuters 3/10 Axis Bank At Rs 1,217, Axis Bank has an analyst target of Rs 1,584, indicating a potential 30% upside.
The stock enjoys a STRONG BUY consensus, backed by views from 40 analysts.
ANI 4/10 Reliance Industries Reliance Industries is currently priced at Rs 1,310, against an analyst target of Rs 1,682, suggesting a 28% upside opportunity.
Among 31 analysts covering the stock, the consensus rating is strong buy.
ETMarkets.com 5/10 NTPC Trading at Rs 340, NTPC has an analyst target of Rs 433, leaving room for a potential 27% upside.
The stock carries a STRONG BUY consensus, based on recommendations from 27 analysts.
ETMarkets.com 6/10 ICICI Bank ICICI Bank is trading at Rs 1,417, while the average analyst target stands at Rs 1,735, implying a potential 22% gain.
With 41 analysts covering the stock, the consensus rating is strong buy.
Agencies 7/10 Mahindra & Mahindra Mahindra & Mahindra currently trades at Rs 3,428, with analysts placing the target at Rs 4,172—indicating a potential 22% upside.
The stock has a strong buy consensus among 35 analysts.
Reuters 8/10 Power Grid Corp Power Grid Corp is currently valued at Rs 266, with analysts estimating a target of Rs 320, suggesting a 20% upside potential.
The stock has a buy consensus from 25 analysts.
Agencies 9/10 UltraTech Cement UltraTech Cement is trading at Rs 11,619, while analysts see the stock reaching Rs 13,920, implying a potential 20% upside.
With 38 analysts covering the company, the consensus rating is a firm strong buy.
ETMarkets.com 10/10 Adani Ports Adani Ports is currently trading at Rs 1,700, against an analyst target of Rs 2,033, indicating a potential 20% upside.
The stock commands a strong buy consensus among 24 analysts.
