HSBC upbeat on cement sector, sees up to 45% upside for five stocks; UltraTech top pick

HSBC expects demand recovery in the sector from the second half of FY26 as government spending will likely boost annual demand growth and sees rise in prices from November onwards

Sep 16, 2025 - 13:00
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HSBC upbeat on cement sector, sees up to 45% upside for five stocks; UltraTech top pick
HSBC expects demand recovery in the sector from the second half of FY26 as government spending will likely boost annual demand growth and sees rise in prices from November onwards

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