business ๐ Sugar stocks are up amid price hikes and new rules
Sugar stocks, including Balrampur Chini and Dalmia Bharat Sugar, rallied for the third straight session on Thursday, August 20. This surge happened amid high market demand and government updates on limiting stockholding for bulk buyers. The Ministry of Consumer Affairs announced a 15-day stock limit for bulk buyers starting September 1, 2026. This move aims to control domestic prices and curb hoarding, especially as global prices also climb. Investors are now watching closely for government plans to lower or remove the 100% import duty. ๐