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Soumen Samanta
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In just five days, Chandrababu Naidu’s spouse Nara Bhuvaneshwari makes ₹579 crore from this stock.
Owning 2,26,11,525 shares in Heritage Foods, Nara Bhuvaneshwari, the wife of Chandrababu Naidu, is a major investor in the company.
Nara Bhuvaneshwari, the wife of TDP leader Chandrababu Naidu, made ₹579 crore in five days thanks to a significant increase in Heritage Foods’ stock price. The outcomes of the Lok Sabha election caused the stock market to plummet, but the FMCG stock saw rises because of Heritage Foods Ltd.’s shareholding pattern, which shows that Nara Bhuvaneshwari owns a 24.37 percent stake in the business.
Owning 2,26,11,525 shares of Heritage Foods, she is a major supporter of the business and has a significant impact on its performance and decision-making. The company’s stock price, which was ₹402.90 per share on May 31, 2024, was impacted by this.
The price of Heritage Foods’ shares increased over the course of five sessions, despite the stock market meltdown on Tuesday. Today, the price of Heritage Foods’ shares increased and reached a high of ₹659 per share during the day. The share price of Heritage Foods has increased by ₹256.10 in the last five sessions in a row.
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The wife of TDP leader Chandrababu Naidu makes ₹584 crore from this FMCG stock in just five days.
Nara Bhuvaneshwari’s net worth increased significantly as a result, just as the BJP-led alliance won the Lok Sabha election and the newly elected National Democratic Alliance (NDA) MPs are gathering for the first time at the new Parliament House. As the BJP was unable to pass the 50% threshold required to form a government on its own, Chandrababu Naidu’s TDP became a significant player. The BJP only managed 240 seats in the 543-member Lok Sabha, well short of the 272 seats required to form a government, while the NDA gained 293 seats.
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