HSBC Bets Big on Cement: 3 Stocks to Watch
HSBC has turned bullish on India’s cement sector, forecasting a strong recovery in 2026. The brokerage named UltraTech Cement, Ambuja Cements, and Dalmia Bharat among its top ‘Buy’ picks, seeing up to 28 percent upside as prices rebound and demand strengthens amid market consolidation and improving operational efficiencies.