Hot Stocks: 2 stocks that may give returns between 16-19%

CLSA and Morgan Stanley have initiated coverage on Vedanta and Adani Enterprises respectively, projecting upside of 16 percent and 18.5 percent. CLSA cited a strong aluminium upcycle and undervalued valuation for Vedanta, while Morgan Stanley highlighted Adani Enterprises' entry into a major earnings monetization phase driven by multiple large-scale projects.