LPG price hike sparks induction cooker buying frenzy
NewsBytes | March 11, 2026 1:39 AM CST
Appliance company stocks are also seeing a boost
The buying frenzy isn't just emptying stores. It's boosting appliance company stocks too.
On March 10, Borosil shares shot up by 13%, Bajaj Electricals by 7%, while TKK Prestige and Hawkins also saw healthy gains.
With supply tight and demand high, availability is constrained as many consumers are seeking alternatives to gas.
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