Sugar stocks rally upto 20% as government removes ethanol production cap for 2025-26
Sugar stocks rally: Shares of sugar companies rallied sharply in morning trade on Tuesday after the central government removed limits on ethanol production from sugarcane derivatives for the 2025–26 supply year. The Ministry of Consumer Affairs, Food & Public Distribution announced that sugar mills and distilleries will now be allowed to produce ethanol from sugarcane juice,…