Published on 12/03/2026 11:14 AM
The LPG shortage crisis has suddenly put these stocks in the spotlightVijay Sales spoke to CNBC-TV18 on Wednesday and mentioned that induction cooker sales have spiked over the last two days and there could be a shortage in case demand continues to rise.By Upasana Bhatt | Hormaz Fatakia March 12, 2026, 11:14:12 AM IST (Published)2 Min ReadThe recent crisis of shortage of LPG cylinders has put stocks such as Stovekraft, TTK Prestige, Butterfly Gandhimathi and Bajaj Electricals in the spotlight.
This LPG shortage has led to higher sales of induction cookers and stoves as supply shortage of LPG has led to sales shooting through the roof.
According to Flipkart, sales of induction cooktops have tripled in the last 4-5 days. Amazon.com has also mentioned that households and hotels looking for LPG alternatives has led to a 30x jump in sales.
However, there are inventory and supply chain concerns as brands have not been prepared for this kind of demand. Analysts say that for most of these companies, induction cookware forms a very small proportion of the overall sales.
Vijay Sales spoke to CNBC-TV18 on Wednesday and mentioned that induction cooker sales have spiked over the last two days and there could be a shortage in case demand continues to rise.
Manoj Gori of Equirus also told CNBC-TV18 on Thursday that Induction Cooker sales have seen a 2-3x jump compared to last year but fears a supply chain challenge in case the demand continues to remain strong.
Shares of Stove Kraft have significantly cooled off from the highs of the day, and are now trading with losses of 3%. TTK Prestige too, has cooled off from the day's high, but holding on to gains of 5%. Shares of Butterfly Gandhimathi are holding on to gains of 3.7% at ₹720.Continue ReadingTagsButterfly Gandhimathishare market todayStovekraftTTK Prestige Share Price