Sugar stocks such as Balrampur Chini Mills, Bajaj Hindustan, Triveni Engineering & Industries, Shree Renuka Sugars, EID Parry, Bannari Amman Sugars, and Dalmia Bharat Sugar will remain in focus as the Central Government on Wednesday banned sugar exports with immediate effect until September 30, 2026.

The government said in a notification that India, the world’s biggest sugar exporter after Brazil, had allowed mills to export 1.59 million metric tons, betting output would exceed domestic demand. But production is now expected to lag consumption for a second consecutive year as cane yields weaken in major growing regions.

Dairy

Shares of dairy companies Hatsun Agro Product Ltd., Dodla Dairy Ltd., Heritage Foods Ltd., Parag Milk Foods Ltd., and Vadilal Industries Ltd will remain in focus as major dairy players Amul and Mother Dairy have announced milk price hikes, citing rising procurement and operational costs.

Amul has increased prices across India and Mother Dairy has revised rates for the National Capital Region (NCR). The revision, which translates into an increase of around 2.5–3.5 per cent, comes after nearly a year without any consumer price hike since May 2025. The companies said the increase has been necessitated by rising operational and production costs, including higher cattle feed prices, packaging film costs and fuel expenses.

Among key revisions for Ahmedabad, Saurashtra and Kutch markets, Amul Gold 500 ml has been increased from ₹34 to ₹35, while the 1 litre Amul T Special pack has been raised from ₹63 to ₹66. In smaller packs, Amul Taaza 500 ml has moved from ₹28 to ₹29, and Amul Buffalo milk 500 ml from ₹37 to ₹39. The 1 litre variant of Taaza has been revised from ₹55 to ₹57.

Other industries

NBCC (India) has received two domestic Project Management Consultancy work orders totalling approximately ₹131.02 crore. These comprise a ₹25.52 crore contract from Central Bank of India for its office building in Amravati, Andhra Pradesh, and a ₹105.50 crore contract from the Resident Commissioner, Govt. of Andhra Pradesh, for the New Andhra Pradesh Bhavan in New Delhi.

Zydus Lifesciences, through its subsidiary Zydus Worldwide DMCC, will acquire US-based pharmaceutical company Assertio Holdings Inc in an all-cash deal valued at $166.4 million (around ₹1,592 crore), the companies announced on Wednesday. Under the agreement, Zydus will acquire all outstanding shares of Nasdaq-listed Assertio for $23.50 per share in cash. Assertio’s board approved the transaction after determining that Zydus’ proposal constituted a “Superior Proposal” under its revised merger agreement with Garda Therapeutics.

Lupin Ltd has received approval from the United States Food and Drug Administration for its Abbreviated New Drug Application for Famotidine Injection USP, 20 mg/2 mL (10 mg/mL), Single-Dose Vials. Famotidine Injection had estimated annual sales of $8.7 million in the US (IQVIA MAT March 2026).

The board of DCM Shriram has approved a ₹101 crore capex for its subsidiary, Hindusthan Specialty Chemicals Ltd (HSCL) to significantly expand its Formulated Resins capacity by 36,000 TPA, bringing the total capacity to 50,000 TPA by September 2027. This strategic investment strengthens their advanced materials portfolio and highlights a focus on high-margin downstream chemical growth.

Bajel Projects has secured two fresh orders worth ₹500 crore from Power Grid Corporation of India. The orders were awarded by Power Grid Corporation of India — Substation Contract SS137T for the construction of a 765kV new AIS substation at Pune East, along with bay extension works at Karjat Substation and Lonikand-II Substation and Transmission Line Package TL-01 for the construction of a 400kV Bellary-Davanagere Quad double-circuit transmission line. The execution timeline for both orders is 21 months from the date of issuance of the Notification of Award.

Zaggle Prepaid Ocean Services Ltd has appointed Venkatesh Ramachandran as the company’s new Group Chief Financial Officer. This leadership transition will take effect on May 18. Ramachandran, a seasoned professional with over 27 years of experience, will succeed Mr. Rajesh Tummalaganti, who has served as the Interim CFO and will continue his tenure with the organisation as the Deputy Chief Financial Officer.

Published on May 14, 2026