Share price of Balrampur Chini Mills, one of the largest sugar producers in India, surged 13% to ₹738 on the BSE on the back of three-fold jump in the average trading volume.
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%.
At 10:09 AM on Friday, the Nifty Microcap 250 index was up 0.39 per cent at 26,236.65, compared to a 0.18 per cent decline in the Nifty 50 index.
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.
Triveni Engineering & Industries Ltd has reported an 8 per cent decline in its consolidated net profit to Rs 167.45 crore for the quarter ended March mainly on higher cost of sugarcane. Its net profit stood at Rs 183 crore in the year-ago period. Total income also fell to Rs 1,842.15 crore in the January-March quarter of the last fiscal from Rs 1,934.53 crore in the corresponding period of the preceding year, according to a regulatory filing. During 2025-26 fiscal, the net profit rose to Rs 268.71 crore from Rs 243.19 crore in the preceding year. Total income grew to Rs 7,697.03 crore last fiscal from Rs 6,865.58 crore in the 2024-25 financial year. Triveni Engineering is one of the largest integrated sugar and ethanol producers, and engineered-to-order turbo gearbox manufacturers in the country. It is also in the water and wastewater management business. Dhruv M. Sawhney, Chairman and Managing Director, Triveni Engineering & Industries Ltd, said: "Despite a challenging ...