REC, Adani Green, and HAL may see a boom - shares expected to rise by 50%

REC Limited, Adani Green Energy, and Hindustan Aeronautics Limited (HAL) may experience significant stock appreciation, with projections indicating potential increases of up to 50%.

Adani Green Energy

Analysts have set a median price target of ₹1,551 for Adani Green Energy, representing an approximate 86.78% increase from its current market price of ₹830.40 as of February 24, 2025. The company's focus on renewable energy aligns with India's goal to achieve 500 GW of renewable capacity by 2030, bolstering investor confidence.

REC Limited

While specific price targets for REC Limited are not detailed in the provided sources, the company's involvement in financing power sector projects positions it favorably within the growing energy infrastructure sector. Investors are optimistic about REC's role in supporting India's expanding energy needs, which could translate into substantial stock performance.

Hindustan Aeronautics Limited (HAL)

Although precise forecasts for HAL's stock are not available in the current data, the company's prominence in aerospace and defense manufacturing, coupled with increased government expenditure in defense, suggests a positive outlook. HAL's strategic initiatives and order book expansion are factors that may contribute to its stock appreciation.

In summary, the projected growth of REC Limited, Adani Green Energy, and Hindustan Aeronautics Limited is influenced by their strategic positions within sectors poised for expansion. Investors are advised to conduct thorough research and consider market conditions before making investment decisions.