Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20 to Rs 55.70/kg on August 20, with current prices around Rs 70/kg. Balrampur Chini Mills, Dhampur Sugar, Uttam Sugar, Triveni Engineering and EID Parry were among the key gainers.

Retail sugar prices increased for a second day due to higher festive demand. Ex-mill rates have fallen significantly after the government allowed raw sugar imports. Wholesale…

Indian sugar prices drop 25% at the mill level, easing retail costs as government measures to stabilize the market take effect.