In a recent analysis, the brokerage firm JM Financial Securities has highlighted three stocks that are projected to provide significant returns to investors, potentially ranging from 25% to 85%. Following a recent downturn in the stock market, there is a renewed optimism as the market begins to show signs of recovery. The stocks in focus are poised for substantial gains after experiencing corrections, making them attractive options for investment at this time.

The first stock mentioned is Polycab India, for which JM Financial has set a target price of ₹9,000, indicating an anticipated increase of around 25.1% from current levels. The brokerage has acknowledged potential challenges in the upcoming March quarter due to geopolitical tensions and a high comparative base. However, they remain optimistic, asserting that the company has strong fundamentals and can withstand these pressures.

The second stock is Tilaknagar Industries, which has recently come under coverage by the brokerage. They recommend buying this stock with a target price set at ₹550, suggesting an expected rise of approximately 24.7%. This recommendation follows Tilaknagar's acquisition of the Imperial Blue brand from Pernod Ricard, which is anticipated to enhance the company's market position and drive future growth, thereby making it a compelling investment for those looking to capitalize on the recovering market.