# All 11 analysts tracking Acme Solar have a 'Buy' rating, while HSBC is the first to initiate coverage on Clean Max.

*business · news · 2026-04-13 · CNBC TV18*

## Key points

- HSBC has initiated coverage on Acme Solar with a 'Buy' rating and ₹350 price target.
- HSBC is the first brokerage to initiate coverage on Clean Max with a 'Buy' rating.
- HSBC forecasts Acme Solar's EBITDA CAGR at 72% for FY26-28, citing strong earnings visibility.
- HSBC projects Clean Max's EBITDA CAGR at 60% for FY26-28, driven by corporate green energy adoption.

**Companies:** HSBC, Acme Solar Holdings Ltd., Clean Max Enviro Energy Solutions Ltd.
**Countries:** India, United Kingdom

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/acme-solar-clean-max-enviro-shares-stocks-to-buy-hsbc-initiates-these-two-renewable-stocks-for-more-upside-ws-el-19885600.htm)

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