New Delhi, March 19 -- Shares of kitchen appliance companies Stove Kraft, TTK Prestige, and Butterfly Gandhimathi surged sharply on Thursday as a deepening global gas crisis triggered by Middle East tensions sparked a sudden spike in demand for alternatives like induction cooktops in India.

Stocks of Stove Kraft, TTK Prestige, and Butterfly Gandhimathi Appliances rallied as much as 14% after Qatar confirmed significant damage to Ras Laffan Industrial City-the world's largest LNG facility-following Iranian missile strikes.

Butterfly Gandhimathi has soared almost 14% to its intra-day high of Rs.674.20. Stove Kraft has jumped 6.4% to its day's high of Rs.525.75, meanwhile, TTK Prestige has added 4.5% to its day's high of Rs.500.

In compar...