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Household appliance firms' shares rise as induction sales surge
short by Vaishnavi Mishra / on Thursday, 12 March, 2026
Shares of household appliance companies rose up to 14% on Thursday as sales of induction cooktops and electric kettles surged amid ongoing concerns around LPG supply. Shares of Jaipan Industries, TTK Prestige and Greenchef Appliances rose 14%, 8.3%, and 4%, respectively. Tata Group's Croma said it observed a threefold jump in demand for induction cooktops over the past few days.
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