Brief by Shorts91 Newsdesk / 03:18pm on 07 Jun 2024,Friday Politics
The wealth of Chandrababu Naidu’s wife, Nara Bhuvaneshwari, has surged by ₹535 crore over the past five days following the TDP’s strong showing in the recent Lok Sabha and Andhra assembly elections. Shares of Heritage Foods, a company founded by Naidu and where Bhuvaneshwari is a major stakeholder, rose from ₹424 to ₹661.25. This 55% increase also boosted the net worth of Naidu’s son, Nara Lokesh, by ₹237 crore. Heritage Foods, which operates in the dairy and renewable energy sectors, saw its stock soar after the TDP secured 16 seats in the Lok Sabha, contributing to the NDA’s election victory.
