Share Crash: Heavy selling in the shares of the company with a market cap of Rs 14000 crore, management said – production stopped, threat to income:Looking at the stock's performance, it has fallen by approximately 40% in the past year. However, it has provided good returns to investors over the long term, gaining approximately 250% in three years.

News Topical, Digital Desk : On March 13, 2026, the stock saw a sharp decline. As soon as the market opened, it came under pressure and within a short time, fell by nearly 7% to below ₹495. The company's stock opened at ₹530, compared to the previous closing price of ₹532.20. However, after management's warning, investor panic increased and selling intensified. Vikas Gupta, the company's managing director, stated that the shortage of LPG gas is affecting production at the company's AC manufacturing factories. The gas shortage has already resulted in a production loss of approximately one week. LPG gas is used for brazing and welding copper tubes in AC manufacturing, so the reduced supply is directly impacting production.

This company is PG Electroplast Ltd. Vikas Gupta, the company's managing director, explained that March is a crucial month for the company, as it accounts for 12 to 15 percent of annual sales.

In such a situation, if the gas shortage persists, FY26 earnings guidance could be impacted. The company is currently exploring alternatives to LPG to normalize production. Furthermore, the cost of raw materials is also a cause for concern. Polymer availability is becoming limited, and prices have risen by 40 to 50 percent. Looking at the stock's performance, PG Electroplast's stock has fallen by approximately 40 percent in the past year. However, in the long term, it has delivered good returns to investors, gaining approximately 250 percent in three years. Promoters hold 43.41 percent of the shareholding pattern. Foreign investors (FIIs) have declined from 11.46 percent in September 2025 to 10.59 percent in December 2025.

Meanwhile, domestic institutional investors (DIIs) have increased their stake from 18.83 percent to 22.66 percent. What does PG Electroplast Ltd do? (PGEL) is a leading Indian electronics manufacturing services (EMS) company. It manufactures ODM/OEM products for the consumer electronics, consumer durables, and automotive sectors. Plastic injection molding: High-precision parts (500+ machines) for ACs, washing machines, LED TVs. Assembly: Air conditioners (77% revenue), washing machines, air coolers, LED TVs (24-70 inches). Other: PCB assembly, sheet metal, heat exchangers, thermoset toilet seats, automotive parts. Headquarters in Greater Noida (UP), 6 manufacturing units. Serving 50+ brands (Indian + global). FY24 revenue ₹5,481 crore. NSE: PGEL. Growth potential from Make in India/EMS boom.