Household appliance firms' shares rise as induction sales surge

Vaishnavi Mishra, Published on Mar 12th, 2026

Household appliance firms' shares rise as induction sales surge

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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