India, Sept. 2 -- India's sugar stocks surged on the stock market today, after the government removed all limits on ethanol production from sugarcane.

Shree Renuka Sugars, Avadh Sugar & Energy, Bajaj Hindusthan Sugar, Balrampur Chini Mills, Dalmia Bharat Sugar, Dhampur Sugar Mills, KM Sugar Mills Ltd., and Dwarikesh Sugar Industries Ltd. rose as much as 15% intraday.

In the new ethanol supply year starting from 1 November 2025, sugar mills and distilleries are allowed to produce ethanol without any quantitative restriction, the Union Ministry of Consumer Affairs, Food & Public Distribution said in a notification on Monday. The Centre will periodically review sugar diversion to ethanol to ensure year-round domestic availability of the sw...