Stove Kraft, TTK Prestige shares plunge up to 5% despite LPG supply squeeze fears from Israel-Iran war. Here's why

Cooking appliance stocks saw a dip as investors cashed in on recent gains. This occurred even as sales of induction cooktops and electric kettles surged due to concerns over cooking gas supplies. The ongoing conflict in West Asia has disrupted energy routes, impacting LPG imports for India. Restaurants and railway food centers are exploring alternative cooking methods.