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Markets3h 12m ago

Sugar stocks in India gained up to 3.5% in early trade on Thursday after the Centre exempted petrol blended with higher levels of ethanol from excise duty.

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India

Who
Indian government, Dhampur Sugar Mills, Dwarikesh Sugar, Balrampur Chini Mills, Bajaj Hindusthan Sugar, Dalmia Bharat Sugar, Ministry of Finance, Department of Revenue
What
Sugar stocks in India gained up to 3.5% in early trade on Thursday after the Centre exempted petrol blended with higher levels of ethanol from excise duty.
When
Thu, 11 Jun 2026 05:30:18 GMT · 3h 12m ago
Where
India ·
Why
The Indian government waived excise duty on petrol containing 22% to 30% ethanol to support its ethanol blending program and boost demand for ethanol producers.
The Frontline Impact

How this affects you

This policy change is expected to increase demand for ethanol, benefiting Indian sugar companies that also produce ethanol by enhancing their revenue opportunities and supporting the country's clean fuel goals.

Story chain

3 events in this thread
  1. Markets48m ago
    Sugar and ethanol-linked companies' shares rose on Thursday after the Central Government exempted E22-E30 ethanol-blended petrol from excise duty.
    Open article
  2. Currently Reading3h 12m ago
    Sugar stocks in India gained up to 3.5% in early trade on Thursday after the Centre exempted petrol blended with higher levels of ethanol from excise duty.
  3. Markets4h 27m ago
    The central government extended excise duty exemptions on petrol blended with higher ethanol content, as announced in an official notification issued on June 10.
    Open article

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