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STOVEKRAFT — Stove Kraft News Story

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India's Stove Kraft gains after Q1 profit boost

BUZZ-India's Stove Kraft gains after Q1 profit boost

** Shares of Stove Kraft STOE.NS up 2.5% at 773.4 rupees

** Kitchenware maker's Q1 PAT jumps 63.5% y-o-y on broad-based product growth; while revenue rises 41.3%

** Company says induction cooktop sales more than quadrupled, while pressure cookers and non-stick cookware also post strong growth

** Over 586,000 shares traded, 3.7x the 30-day avg

** STOE up 34% YTD


(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))

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