Hot Stocks: 3 stocks that may give returns between 16-24%

Brokerages have recommended three stocks with potential returns between 16% and 24%. Jefferies set a price target of Rs 2,815 on Kirloskar Oil Engines (upside 24%), citing a niche genset play with an estimated 22% EPS CAGR over FY26-30. BofA Securities gave APL Apollo Tubes a Rs 2,170 target (upside 20%) as a structural steel tubes leader, while IDBI Capital sees Union Bank of India at Rs 187 (upside 16%) on valuation discount versus peers.