
Sep 21, 2026
✦CNBC TV18
Why UltraTech Cement's premium valuations should sustain, as per HSBC
HSBC reiterated a "Buy" call on UltraTech Cement with a target price of ₹14,200 on Monday, September 21. The brokerage said September cement price increases should help the company manage rising costs. HSBC expects the firm to keep growing faster than the industry, ensuring its premium valuation stays strong for investors.