Shares of Dalmia Bharat Sugar and Industries Ltd surged 6.09% on Tuesday, September 2, climbing to ₹396.30 on the NSE compared to the previous close of ₹373.55. The stock touched an intraday high of ₹402, riding on strong buying interest.
Why are Dalmia Bharat Sugar shares up today?
The rally comes after the Indian government announced that sugar mills and distilleries can produce ethanol from sugarcane juice, syrup, and all types of molasses without any restrictions on volumes in the new supply year starting November 1, 2025.
Previously, ethanol production was capped due to reduced sugarcane availability. With sugarcane supplies expected to rise after two good monsoons, the move is set to benefit sugar companies, particularly those with higher ethanol blending capacity.
Dalmia Bharat Sugar, with strong integrated operations in sugar and ethanol, is among the top beneficiaries. The government’s move supports India’s 20% ethanol blending target by 2025/26, boosting sector-wide optimism.
Stock snapshot – Dalmia Bharat Sugar and Industries Ltd (NSE)
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Current Price: ₹396.30 (+6.09%)
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Previous Close: ₹373.55
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Day Range: ₹387.00 – ₹402.00
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52-Week Range: ₹291.00 – ₹585.00
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Market Cap: ₹32.07B
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Avg Volume: 60.04K
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P/E Ratio: 8.64
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Dividend Yield: 1.52%
Outlook
With ethanol production now free of volume caps, Dalmia Bharat Sugar is positioned to scale its ethanol revenues further, strengthening its long-term growth prospects.
