After the panic buying of cylinders and the disruption of the supply of cooking gas due to the LPG crisis amid the US-Iran War, the stocks of TTK Prestige and Stove Kraft soar 15% at BSE and NSE. Consequently, shares of TTK Prestige, Gandhimathi Appliances (Butterfly Gandhimathi), and Stove Kraft soared 15% on Wednesday. The authorities have already stopped the supply of LPG cylinders to hotels and restaurants. India’s kitchen appliance industry is dominated by TTK Prestige, Gandhimathi Appliances, and Stove Kraft. While TTK Prestige earns around 35% of its revenue from pressure cookers, cookware and gas stoves contribute roughly 17–18% each.

Source: dna March 11, 2026 09:17 UTC