India Lifts Wheat Export Ban, Boosting Stocks Amid Global Food Inflation

India has lifted its four-year ban on wheat and flour exports, effective immediately. The Directorate General of Foreign Trade (DGFT) issued the order on August 24, 2026, changing the export status from prohibited to free.

The decision follows a record wheat harvest of 120.6 million tonnes in the 2025-26 agricultural season. This strong production and healthy government buffer stocks have given policymakers the confidence to open trade channels again.

LT Foods surged as much as 13% during intraday trading, reaching a new 52-week high, while KRBL shares climbed 9%. Other players in the agricultural export sector also saw gains as investors assessed the potential for renewed revenue streams from international markets.