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.
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.
According to a Ministry of Finance notification, the government has removed excise duty on petrol blended with ethanol content of 22% (E22), 25% (E25), 27% (E27), and 30% (E30).
Almost all sugarcane processing companies significantly outperformed the broader market, with Dalmia Bharat Sugar & Industries emerging as the top gainer, up 12 per cent at ₹386.85
At 10:57 AM, individually, among others, Dalmia Bharat Sugar and Industries shares were trading over 3 per cent higher
The rally in sugar stocks followed a sharp spike in crude prices, with brent rising above $115 per barrel amid escalating tensions involving the US, Israel, and Iran