India sugar stocks gain on government's 1.5 million-ton export plan

About this update from Bajaj Hindusthan Sugar Limited

** Balrampur Chini Mills NSE:BALRAMCHIN, Dalmia Bharat Sugar and Industries NSE:DALMIASUG, Triveni Industries NSE:TRIVENI, Shree Renuka Sugars NSE:RENUKA, Bannari Amman Sugars NSE:BANARISUG, Bajaj Hindusthan Sugar NSE:BAJAJHIND, Dhampur Sugar Mills NSE:DHAMPURSUG, Avadh Sugar NSE:AVADHSUGAR rise between 0.41% and 5.28%** Indian government plans to allow 1.5 million metric tons of sugar exports, per Reuters report** Exports meant for 2025-26 season, which began on October 1, with final order expected soon, per government source** Higher exports expected to reduce domestic surplus resulting from lower diversion for ethanol production, benefitting producers** YTD, BACH down 14%, DLMI sheds 8.2%, TREI drops 20%, SRES falls 26.5%, BANN eases 0.2%, BJHN loses 30%, AVAD slips 20%

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