N Chandrababu Naidu’s Family’s Wealth Surges Rs 1,225 Crore As Heritage Foods Shares Double In 12 Trading Days – Amar Ujala Hindi News Live

N Chandrababu Naidu's family's wealth surges Rs 1,225 crore as Heritage Foods shares double in 12 trading days

chandrababu naidu
– Photo : Chandrababu Naidu

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Chandrababu Naidu, who was out of power for the last five years, has seen a turn in his fortunes. Not only has he returned to power in Andhra Pradesh, but he has also emerged as a kingmaker for the central government after the 2024 Lok Sabha elections.

Meanwhile, the wealth of N Chandrababu Naidu’s family has also increased significantly. Shares of Andhra Pradesh-based Heritage Foods have gained a remarkable amount of over 105% in the last 12 trading sessions. This surge has led to a staggering increase of Rs 1,225 crore in the family’s wealth.

On Monday, Heritage Foods shares hit a new 52-week high of Rs 727.9 on the BSE. The company’s shares hit an upper circuit of 10%. Two weeks ago, on May 23, the company’s shares closed at Rs 354.5. The company’s shares saw a strong rise from June 3 (a day before the election results) to June 10. The family of Andhra Pradesh’s nominated Chief Minister Chandrababu Naidu has a total stake of 35.71 percent in the company, i.e. 3,31,36,005 shares of the company.

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