Sugar stocks tumble: Bajaj Hindusthan, Renuka Sugars plunge up to 5%; here's why
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The Indian government has announced a halt on sugar-based ethanol supplies for the upcoming 2026-27 season, impacting sugar stocks significantly. Shares of Bajaj Hindusthan Sugar plummeted over five percent during early trades. The newly introduced procurement regulations ban the usage of sugarcane juice and B-heavy molasses for ethanol production. With a strategic pivot towards grain-based ethanol, the government aims to ensure steady sugar availability amid production uncertainties.
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- https://timesofindia.indiatimes.com/business/india-business/sugar-stocks-tumble-today-bajaj-hindusthan-renuka-sugars-plunge-up-to-5-heres-why/articleshow/135039673.cms
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- 19/10/2026 05:04 UTC
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- 19/10/2026 05:40 UTC
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