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Ethanol Programme Saved Rs 1.90 Lakh Crore In Forex Since 2014-15, Says Govt Amid Row Over E20 Fuel
Between 2014-15 and 2020-21, the Centre disbursed about Rs 14,600 crore in subsidies to sugar mills, including export subsidies to clear surplus stock.
Forever Global Enterprises acquires Dhampur Bio Organics' Meerganj facility for INR 305 crores, marking entry into Uttar Pradesh's sugar sector
Forever Global Enterprises Limited has acquired Dhampur Bio Organics' Meerganj unit for INR 305 crores. This strategic move integrates a 9,000 TCD sugar mill and a 23 MW cogeneration plant, paving the way for a 200 KLPD grain-based and 100 KLPD molasses-based distillery. The expansion, with a total investment of INR 760 crores, aims to boost regional employment and farmer prosperity in western Uttar Pradesh, solidifying FGEL's sugar-to-spirits platform.
Dwarikesh Sugar, Dhampur Sugar and other sugar stocks gain up to 4% after excise duty cut on ethanol-blended petrol
Sugar stocks rose sharply on Thursday after the Finance Ministry exempted several ethanol-blended petrol variants from excise duty, strengthening the outlook for India's ethanol blending programme. Investors cheered the move as it is expected to boost ethanol demand, improve earnings visibility for sugar companies, and support long-term sector growth.
Here's how the government's latest move on E22-E30 fuels benefits sugar companies
The development is seen as positive for sugar mills, many of which have invested heavily in expanding distillery capacities over the past few years to cater to rising ethanol demand under the government's blending targets.
Balrampur Chini vs Dalmia Bharat vs Dhampur Sugar vs Shree Renuka Sugar: Which sugar stock to buy after Q4 results 2026?
Sugar firms faced a tough earnings report for the fourth quarter of FY26, as many companies faced pressure on profits due to rising costs, declining sugar prices, and challenges in their ethanol and distillery sectors.
KM Sugar Mills consolidated net profit declines 16.46% in the March 2026 quarter
Sales decline 30.84% to Rs 105.99 crore
Uttam Sugar Mills consolidated net profit declines 16.84% in the March 2026 quarter
Sales decline 17.06% to Rs 470.10 crore
Dhampur Sugar, Balrampur Chini among other sugar stocks fall up to 5% after India bans sugar exports
Dhampur Sugar, Balrampur Chini among other sugar stocks fall up to 5% after India bans sugar exports
Explained: Why Balrampur Chini, Dhampur Sugar, other stocks tumbled up to 4% on Thursday
Sugar stocks declined up to 4% on Thursday after India prohibited sugar exports with immediate effect until September 30. This move comes as domestic production is expected to fall below consumption for the second consecutive year, leading to the lowest stock levels since 2016-17. Exports under specific tariff rate quotas and the Advance Authorisation Scheme will continue.
Explained - Why Balrampur Chini, Dhampur and other sugar stocks may see a reaction today
In case the prohibition is not extended beyond the September 30 deadline, the policy will automatically revert to its "restricted" status, the government notification clarified.
India Bans Sugar Exports Until Sept 2026 To Cool Off Prices
India, the world's biggest sugar exporter after Brazil, allowed mills to export 1.59 Million metric tons, betting output would exceed domestic demand.
Dalmia Bharat, Shree Renuka and other sugar stocks jump up to 4%. What’s behind the rally?
Shares of Dalmia Bharat Sugar, Shree Renuka Sugars and other sugar companies rose sharply on Tuesday after the government approved an additional export quota of 87,587 tonnes for 2025–26. The move is expected to ease surplus concerns, support domestic prices, and improve realisations for mills amid firm global trends.