New Delhi, Aug. 20 -- Sugar stocks continued their upward momentum on Thursday, 20 August, after the government tightened sugar stockholding limits amid record-high domestic prices ahead of the festive season. Bajaj Hindusthan rose 5.3%, Dhampur Sugar gained 6%, Dwarikesh Sugar Industries jumped 6.3%, Shree Renuka Sugars advanced 4%, while Balrampur Chini Mills climbed 3%.

Under the revised rules, dealers purchasing more than 10 metric tonnes of sugar per month will be allowed to hold inventory for up to 15 days. The restrictions will remain in effect from 1 September to 30 November, with the government monitoring monthly sugar sales.

Domestic wholesale sugar prices have crossed Rs.6,000 per quintal in markets such as Kanpur and Kolkata...