Mumbai/IBNS, March 9 -- Shares of PG Electroplast tumbled on Monday amid concerns over gas supply disruptions triggered by the ongoing Middle East conflict involving Iran, Israel and the United States, media reports said.

The stock plunged nearly 12 percent after the company informed stock exchanges about constraints in gas availability due to the escalation of the conflict.

The company's shares have fallen sharply over the past year, declining around 37 percent.

Meanwhile, the broader Indian stock market also witnessed a major sell-off on Monday as the escalating Middle East tensions rattled investor sentiment.

The BSE Sensex plunged nearly 2,400 points at the opening bell and continued to trade sharply lower hours later. Though it r...