PG Electroplast
PG Electroplast shares jump 9% after company says AC production nears normalcy
Mumbai/IBNS: Shares of PG Electroplast Ltd. surged 9% after the company said its room air conditioner (AC) production has been largely normalised, media reports said.
In an exchange filing, the company stated it had identified and installed alternative solutions to LPG at its manufacturing facilities, leading to near-normalisation of room AC production.
It added that the LPG-related challenges have been addressed “to a large extent for the time being.”
The company had earlier flagged disruptions in LPG supplies due to the West Asia conflict, which impacted operations at some of its plants.
In an earlier interview with CNBC-TV18, Vikas Gupta of PG Electroplast said the LPG shortage had affected production lines and could impact the company’s revenue guidance for FY2026.
Gupta noted that March typically contributes around 12–15% to the company’s annual sales.
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