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PG Electroplast Stock Surges 9% as Company Reports LPG Issues 'Mostly Resolved'
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PG Electroplast Shares Soar 9% as LPG Challenges 'Largely Addressed'
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CNBC TV18
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25-03-2026, 09:41
PG Electroplast Shares Soar 9% as LPG Challenges 'Largely Addressed'
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PG Electroplast Ltd. shares jumped 9% after the company announced that room AC production has been 'almost normalized'.
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The company identified and installed alternative solutions to LPG, resolving supply constraints caused by the West Asia war.
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Earlier, LPG shortages had impacted production lines and raised concerns about FY26 revenue guidance.
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March typically accounts for 12% to 15% of the company's annual sales.
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The room AC business contributed 73% to PG Electroplast's topline for the first nine months of 2026.
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