Breaking India State Business Entertainment Biography Lifestyle

‘King Maker’ wife Chandrababu Naidu did wonders and earned Rs 584 crore from this share in 5 days.

Sagar Patel

By Sagar Patel

Published on:

Miracle of Chandrababu Naidu’s wife

After the results of the Lok Sabha elections, there have been many ups and downs in the political arena. In this election, South India’s Telugu Desam Party (TDP) leader N. Chandrababu Naidu has emerged as the “kingmaker” of the new government. But his real life queen i.e. his wife Nara Bhuvaneshwari has become the ‘queen’ of the stock market in the last five days. She has earned 584 million rupees in 5 days from a single share.

The name of the company from whose shares Nara Bhuvaneshwari earned Rs 584 million in 5 days is ‘Heritage Foods’. This company is mainly dedicated to dairy products. The share of this company has grown continuously in the last 5 days.

Nara Bhuvaneshwari holds 24.37% stake

NORTH. Chandrababu Naidu’s wife Nara Bhuvaneshwari owns a 24.37 per cent stake in Heritage Foods. Her son Nara Lokesh is one of the promoters of this company. In such a situation, TDP’s landslide victory in Andhra Pradesh and its decisive role in the central government has given a huge rise to Heritage Foods stock. This is the reason why Nara Bhuvaneshwari stock valuation has increased by Rs 584 crore in the last 5 days.

This is how Heritage Foods shares continued to rise

NORTH. Chandrababu Naidu’s wife Nara Bhuvaneshwari owns 2,26,11,525 shares of Heritage Foods. Her decisions have a great impact on the company’s decisions and performance. That is why the effect of Chandrababu Naidu’s victory is visible in the company’s share price.

When the market closed on May 31, 2024, Heritage Foods shares closed at Rs 402.90. After this it continued to register growth for 5 consecutive days. During Friday’s trading, it hit its all-time high of Rs 661.25. A 10 percent upper limit was also imposed on the company’s share price. In this way, its share price increased to Rs 258.35 in 5 days, so Naidu’s wife earned well.

Sagar Patel

Sagar Patel

I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,

Related Post

Leave a comment

x