The TDP Impact
Heritage Foods is a prominent private dairy company in South India. Its share price surged following the news of its founder N. Chandrababu Naidu's significant political performance in the 2024 general elections.
He is poised to become the Chief Minister of Andhra Pradesh for the fourth time on 9 June 2024, as his party, the Telugu Desam Party (TDP), clinched a resounding victory in the assembly elections.
Heritage Foods is surging on this news as the company's promoters, Bhuvaneswari Nara and Nara Lokesh are the wife and son of the Chief Minister-elect respectively.
0 Comments