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Induction cooker stocks jump 14% amid global gas crisis
short by / on Thursday, 19 March, 2026
Shares of kitchen appliance firms like Butterfly Gandhimathi and Stove Kraft jumped as much as 14% on Thursday. Reports suggest a deepening global gas crisis triggered by Middle East tensions sparked a sudden spike in demand for induction cooktops. This comes after Qatar confirmed significant damage to its main gas facility following Iranian missile strikes.
read more at Finology