Stove Kraft issue aggressively priced, needs high risk appetite

Mumbai: Investors with an appetite for high risk will likely apply for the IPO of Stove Kraft, which operates in the highly competitive kitchen appliances sector against more established rivals Hawkins Cookers and TTK Prestige.Stove Kraft’s increasing profitability in recent months, mainly from cost-cutting measures and improved investor sentiment about the kitchenware segment, may help the company with a positive listing. The three-day IPO