Sugar stock rally on ethanol push: Rajshree tops chart at 20%; industry cheers govt move
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Sugar stocks surged as the government permitted unrestricted ethanol production from the 2025-26 marketing year. This policy change, allowing ethanol production from various sugarcane sources, boosted investor sentiment. ISMA estimates a significant diversion of sugar towards ethanol, aiding stock management and farmer payments, driving rallies in Rajshree Sugars, Shree Renuka Sugars and others.
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