Induction cooktops, electric kettles sales surge amid LPG supply concerns
Analysis of this story by et_companies · 11 Mar 2026, 7:44 PM IST (about 2 months ago)
AI Analysis
Consumer behavior shifts rapidly in response to commodity shortages, creating opportunities for alternative product categories. This trend could accelerate adoption of electric appliances.
Trading Insight
Positive for consumer durables companies specializing in electric kitchenware; look for increased sales and market share.
Quick check: CROMA neutral, STOVEKRAFT neutral.
Key Evidence
- •Tata Group's Croma observed a threefold jump in demand for induction cooktops.
- •Stovekraft Ltd (Pigeon brand) noted average weekly online sales jumped four times.
- •Sales surge amid LPG supply concerns.
- •Risk flag: Temporary nature of LPG concerns
- •Risk flag: Increased competition in electric appliance market
Affected Stocks
CROMACroma (Tata Group)
Positive
Observed a threefold jump in demand for induction cooktops.
STOVEKRAFTStovekraft Ltd
Positive
Average weekly online sales jumped four times for Pigeon brand.
Sectors:broad_market
Sources and updates
Original source: et_companies
Published: 11 Mar 2026, 7:44 PM IST
Last updated on Anadi News: 11 Mar 2026, 8:36 PM IST
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