Inflame Appliances stock skyrockets 8% on receiving first trial order from Stovekraft

29 Apr 2022 , 01:43 PM

Inflame Appliances Limited, a leading manufacturer of home and kitchen appliances, today skyrocketed 8% after it has announced the most prestigious first trial order for 700 Chimneys from one of the renowned brands STOVE KRAFT, adding one more milestone to the expansion.

Commenting on the Order, Amit Kaushik, CEO &CFO, Inflame Appliances said, “We are pleased to share this milestone development. Demand for home and kitchen appliances will grow manifold over the coming decade and Inflame Appliances is committed to the vision of growing production rapidly to be the leading manufacturer in India.”

At around 1:46 PM, Inflame Appliances stock was trading at Rs409.60 per piece higher by 8.35% on the BSE. The scrip opened at Rs387 per piece today.