The rally in TTK Prestige and Stove Kraft shares came after renewed concerns of gas shortage after Israel's strike on Iran's South Pars gas field
In the past three trading days, TTK Prestige, Stove Kraft have zoomed by up to 36% on reports of panic buying of induction cooktops amid disruptions in commercial LPG supply across several cities.
As per media sources, panic buying of induction cooktops has surged on quick-commerce platforms amid disruptions in commercial LPG supply across several cities.
In Q2, TTK Prestige reported a consolidated net profit of ₹64.24 crore, as compared to ₹52.8 crore a year ago, up 21.6 per cent
T T Jagannathan, the Chairman Emeritus of TTK Prestige, popularly known as 'the Kitchen Mogul', died on Thursday in Bengaluru. He was at 77. Jagannathan was a gold medalist from IIT Chennai and held a PhD in operations research from Cornell University, USA. He was on the board of TTK Prestige for the past 50 years, the business founded by his grandfather and former Union finance minister TT Krishnamachari. "We regret to inform you that the Company was intimated today about the sudden demise of T T Jagannathan - Chairman Emeritus, belonging to the Promoter and Promoter Group of the Company, on October 09, 2025," said TTK Prestige in a regulatory update informing his demise. His sudden and unexpected passing away will be an "irreparable loss to the company" and all the Directors and employees of the Company convey deep sorrow and condolences, said TTK Prestige, a leading kitchen and home product maker. Jagannathan loved cooking. His need for innovation always begins in the ...