Brief by Shorts91 Newsdesk / 07:36am on 07 Jun 2024,Friday Business
Nara Bhuvaneshwari, wife of TDP leader Chandrababu Naidu, saw a staggering surge in wealth as Heritage Foods, where she holds a significant stake, witnessed a remarkable rally. With a 24.37% ownership in the company, her influence is evident in its performance. Despite a market downturn post Lok Sabha election results, Heritage Foods’ stock soared, closing at ₹659 per share after five consecutive sessions of gains, up from ₹402.90 on May 31, 2024. Bhuvaneshwari's holdings of 2,26,11,525 shares propelled the surge, underscoring her pivotal role in the company's trajectory.