Chandrababu: Chandrababu's wife has done wonders. 584 crore in 5 days. How is it..
There have been a lot of ups and downs in politics after the Lok Sabha election results. Tdp chief Chandrababu Naidu became the 'kingmaker' of the new government in this election. But his real-life queen means his wife Nara Bhuvaneswari. She has emerged as the 'Queen' in the stock market for the last 5 days. With just one share, it earned Rs 584 crore in 5 days. Nara Bhuvaneswari.
There have been a lot of ups and downs in politics after the Lok Sabha election results. Tdp chief Chandrababu Naidu became the 'kingmaker' of the new government in this election. But his real-life queen means his wife Nara Bhuvaneswari. She has emerged as the 'Queen' in the stock market for the last 5 days. Bhuvaneswari's share wealth rose by Rs 584 crore in five days. 'Heritage Foods' is the name of the company that has earned Rs 584 crore in 5 days. The company mainly deals with dairy products. The company's shares have been steadily rising for the last 5 days.
Nara Bhuvaneswari gets 24.37% stake:
Chandrababu Naidu's wife Nara Bhuvaneswari owns 24.37 per cent stake in Heritage Foods. His son Nara Lokesh is one of the promoters of the company. In such a situation, the TDP's landslide victory in AP and their decisive role in the central government has tremendously boosted the stock of Heritage Foods. This is the reason why the valuation of Nara Bhuvaneswari's shares has gone up by Rs 584 crore in the last 5 days.
The stock of Heritage Foods has been growing like this:
Chandrababu Naidu's wife Nara Bhuvaneswari owns 2,26,11,525 shares in Heritage Foods. Their decisions have a huge impact on the company's decisions and performance. That is why the impact of Chandrababu Naidu's victory is visible on the share price of the company.
When the market closed on May 31, 2024, shares of Heritage Foods had closed at Rs 402.90. After this it continued to register growth for 5 consecutive days. It hit a lifetime high of Rs 661.25 in friday's trade. An upper circuit of 10 per cent has also been imposed on the company's share price. Thus, its share price rose to Rs 258.35 in 5 days. Due to this Naidu's wife earned well.
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