Mumbai/IBNS, May 14 -- Sugar stocks opened lower on Thursday after the central government banned sugar exports till September 30, 2026, triggering a selloff across the sector, media reports said.

Shares of major sugar companies witnessed sharp declines in early trade following the announcement.

Bannari Amman Sugars slipped over 1 percent, while EID Parry India, Triveni Engineering and Industries, and Shree Renuka Sugars registered marginal losses.

Dalmia Bharat Sugar declined 1.65 percent to Rs 360, while Avadh Sugar & Energy dipped 0.79 percent to Rs 482.30.

The government imposed the export ban with immediate effect in a bid to ensure adequate domestic availability of sugar and keep retail prices under control amid rising concerns o...