New Delhi, March 25 -- Multibagger stock PG Electroplast share price surged 9% on Wednesday, March 25, after the company said its room air-conditioner production, which had been impacted at some plants due to LPG gas supply constraints, has now been almost normalised. This comes after the company identified and installed an alternative energy solution at its production facilities.

Moreover, a broader market rally on hopes that the US-Iran war may end soon and crude oil prices holding below $100 also provided support for the stock. Both benchmark indices, Sensex and Nifty, have surged around 1.7% in trade today, extending gains after a massive rally in the previous session.

In a regulatory filing, PG Electroplast said the disruption was ...