Sugar stocks like Dalmia Bharat Sugar and Balrampur Chini Mills are on a sugar rush, climbing sharply on whispers of a government nod for exports. The buzz is that India may greenlight 1 million tonnes of sugar exports soon—a move that could smooth out the domestic surplus while sweetening prices. For an industry that kicks off its sugar season every October, this would be a welcome boost. The market responded swiftly. Dalmia Bharat Sugar opened the week on a high note at ₹369.05, edging past its previous close of ₹359.05. The momentum carried it to intraday peaks of ₹379.05, notching a 4.5% gain. Balrampur Chini Mills followed suit, starting strong at ₹508.05 against Friday’s ₹495.20 close, and surged to ₹519, bagging a near 5% gain. Centrum Broking is bullish on this development, citing two key factors: the rupee’s depreciation could amplify export realizations, and domestic sugar prices are already on an upswing. Prices in Uttar Pradesh have surged ₹1,000–₹1,500 per tonne, hovering around ₹39,500–₹40,000 per tonne. This, they say, could significantly lift EBITDA margins in the latter half of FY25 and into FY26. Maharashtra is seeing similar, albeit less pronounced, price action. With sugar stocks gaining steady ground and Balrampur Chini Mills topping Centrum’s picks for the sector, the market seems to be betting big on sweet times ahead.