India's sugar stocks rise on new ethanol draft rules

Dalmia Bharat

29/04/2026 06:02

** Shares of sugar stocks rise between 0.6% and 2.5% day after India issued a notification to formally incorporate higher ethanol-blended fuels

** Includes provisions for E85 fuel, a blend of 85% ethanol with petrol, and E100, which would allow vehicles to run on nearly pure ethanol

** Ethanol is a byproduct of sugar manufacturing and refining through fermentation

** Avadh Sugar and Energy AVAD.NS leads with 2.5% gain, Shree Renuka Sugars SRES.NS and Dhampur Sugar Mills DAMS.NS both gain 2.4%

**  E-I-D Parry EIDP.NS, Bannari Amman Sugars BANN.NS, Dalmia Bharat  DALB.NS and Bajaj Hindusthan Sugar BJHN.NS up between 0.6% and 1.5%

(Reporting by Mridula Kumar in Bengaluru)

((Mridula.Kumar@thomsonreuters.com;))