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News 2026-09-28 01:03 UTC

Weekly Recap: 4.6mtpa domestic capacity and HSBC Buy, ₹14,200 target

UltraTech Cement Limited (NSE:ULTRACEMCO) added 4.6mtpa via a Petnikota greenfield and three debottlenecking projects, lifting domestic grey cement capacity while overseas capacity stayed flat; HSBC keeps a Buy with a ₹14,200 target, citing strong margins and volume gains from Sept price hikes.Prev…