The sector's near-term performance will continue to be influenced by sugar pricing trends, cane availability-cum-recovery levels, ethanol pricing mechanisms and policy direction, said Balrampur Chini.
Dwarikesh Sugar Industries was the top laggard, falling 7.2 per cent, followed by Dalmia Bharat, which fell 6.4 per cent intra-day and Balrampur Chini Mills, which fell over 5 per cent on Friday.
Avadh Sugar & Energy and Bajaj Hindustan gained over 6 per cent. Meanwhile, Dwarikesh Sugar Industries, Shree Renuka Sugars, Dhampur Sugar Mills gained up to 5 per cent on NSE in intra-day deals.
Sugar Stocks Today: Thus far in August 2026, the market price of Avadh Sugar zoomed 51%, while Uttam Sugar, Dalmia Bharat, Dwarikesh, Dhampur, Triveni and Bajaj Hind soared in the range of 26-38%.
Balrampur Chini Mills, Triveni Engineering Industries, Dwarikesh Sugar Industries and Shree Renuka Sugars were up in the range of 3 per cent to 5 per cent in Thursday's intra-day trade.
India has a cushion to export an additional 1 million tonnes of the sweetener if the domestic output reaches an estimated 33.6 million tonnes this year
Shree Renuka, Dwarikesh, Triveni Engineering, Uttam Sugar, Dhampur Sugar and Dalmia Bharat Sugar are down in the range of 2 per cent to 7 per cent on the BSE.
Rallying energy markets, tight sugar availability, COVID lockdowns in China and logistical issues from the fallout of Russia's military invasion of Ukraine have led to uptick in spot sugar prices.
Magadh Sugar & Energy, Rana Sugar, Uttam Sugar Mills, KM Sugar, Andhra Sugar, Mawana Sugar and Shree Renuka Sugar surged 10 per cent to 15 per cent on the BSE.
Dwarikesh Sugar hit a new high of Rs 113.70, on rallying 9% on Wednesday. The stock has surged 25% in the last one week, as compared to a 3% decline on the S&P BSE Sensex.
According to CRISIL, sugar mills are expected to see both revenue and profitability improve in the 2022 season (SS 2022; October 2021 to September 2022).
On World Environment Day (June 5), Prime Minister Narendra Modi announced that the target of 20 per cent ethanol-blended petrol has been advanced by five years to 2025