Chandrababu’s wife’s property increased by 535 crores in 5 days
08.06.2024: Andhra Pradesh Assembly Election 2024: On June 3, the day before Lok Sabha election results, the stock price of Heritage Foods rose to Rs 661 25 paise from Rs 424.
The glory of winning the vote! As soon as the results came out, the property swelled. TDP has done well in Lok Sabha elections and Andhra Pradesh assembly elections. TDP chief Chandrababu Naidu will take oath as chief minister on June 12. And after the results of the polls, its effect was seen in Naidu’s business shares. In just 5 days, the share price of the company created by Chandrababu Naidu increased by 55 percent. As a result, the property of Chandrababu’s wife, Nara Bhuvaneswari, also increased by 535 crore rupees overnight.
Chandrababu Naidu’s company Heritage Foods. He created this organization in 1992. They mainly have two branches, dairy and renewable energy. Heritage milk and milk products are available in Andhra Pradesh, Telangana, Karnataka, Kerala, Tamil Nadu, Maharashtra, Odisha, Delhi, Haryana, Uttar Pradesh, Rajasthan and Uttarakhand.
The company’s stock price, which was Rs 424 on June 3, the day before the results of the Lok Sabha elections, rose to Rs 661 25 paise soon after the results were announced. Chandrababu Naidu’s wife Nara Bhuvaneswari is one of the shareholders of this company. A total of 2,26,11,525 stocks are in his name. Nara Bhuvaneswari’s assets also increased by Tk 535 crore as soon as the results of the polls were announced.
Chandrababu Naidu’s son Nara Lokesh is also a shareholder of Heritage Foods. He has 1,00,37,453 shares in his name. Like his mother, his property also increased by Tk 237.8 crore in three days.