BusinessPhoto: News18 BusinessSugar Stocks Fall Up to 5.5% After Govt Bars Sugar-Based Ethanol in FY27 Tender
Shares of sugar companies dropped sharply after the government excluded sugarcane juice, sugar syrup, and B-heavy molasses from ethanol procurement tenders for the 2026-27 supply year. This move raised concerns about ethanol revenue for the sector. Major stocks like Shree Renuka Sugars fell 5.51%, Dwarikesh Sugar Industries 5.45%, and Bajaj Hindusthan Sugar 5.18%, with other sugar companies also seeing declines.
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