Shares of TTK Prestige were trading sharply higher on Tuesday, rising as much as 3.66% to an intraday high of ₹481 before paring some gains to trade around ₹472.75 as of 10:15 AM IST. The stock opened at ₹458, against a previous close of ₹456.05, and has seen healthy volumes of over 1.23 lakh shares on the NSE. The immediate trigger for today’s move is a policy relief announced by the government specifically for the induction hob segment.
The Ministry of Power on Monday extended the timeline for implementing strict energy efficiency norms — the star labelling programme — for counter-top induction hobs by six months to January 1, 2027. In a gazette notification, the ministry replaced the words “1st July, 2026” with “1st January, 2027” in an earlier notification regarding energy efficiency norms for counter-top induction hobs, which was originally published on December 8, 2025. Induction hobs had been brought under the mandatory star rating regime applicable from July 1, 2026, but that deadline has now been pushed back by six months.
The government specifically cited the ongoing West Asia crisis as a key reason for the extension, noting that the conflict had caused supply-side issues for LPG — or cooking gas — in India, making it important to boost electric cooking adoption without simultaneously burdening manufacturers with a hard compliance deadline. An induction hob works similarly to an electric hob, but has coils beneath its surface that induce an electrical current to generate heat in the pan. It uses less power and remains cold until a pan is placed on it, making it more energy efficient than conventional electric hobs.
For TTK Prestige, which is India’s only company offering a complete induction cooking solution and counts induction cooktops as one of its core product lines, this is a direct near-term positive. The six-month extension removes the risk of having to urgently phase out or re-engineer existing product lines to meet stricter norms on an accelerated timeline, easing both operational pressure and near-term capital expenditure requirements on compliance.
The news comes at a particularly favourable time for the company. The April 2026 Middle East conflict sparked nationwide LPG anxiety, wiping out induction and infrared cooktop stocks across India as consumers panic-bought alternatives amid fears of supply disruption.  Online marketplaces like Amazon India saw induction cooktop sales surge more than 30 times within just two days, while Flipkart reported that induction cooktop sales volumes quadrupled compared with previous weeks.
TTK Prestige had already seen its stock surge nearly 10% to an intraday high of ₹611.5 on March 12, 2026 — a 14.24% single-day surge — as LPG price hikes and supply concerns pushed households and commercial establishments to view induction cooktops as practical primary alternatives rather than supplementary appliances. Today’s regulatory relief adds a direct policy tailwind on top of that demand-side momentum.
Induction contributes roughly 10–12% of TTK Prestige’s Rs 2,894 crore FY25 revenue, with the company targeting Rs 5,000 crore in revenue by FY27.  The stock’s 52-week range stands at ₹423 to ₹771.20, and today’s trading places it well below its 52-week high, suggesting room for recovery if the demand and policy tailwinds sustain. Total buy quantity on the NSE order book stood at 53% versus 47% on the sell side at the time of writing, indicating a modestly bullish market posture on the counter.