Heritage Foods shares fall by 5%: Chandrababu Naidu family holds 35.71% stake in the company, gave 81% return in last 1 month

Today, the stock of Heritage Foods is witnessing a decline of 5%. The stock of the company is trading at Rs 660.30 with a decline of Rs 34.75 (5.00%). Chandrababu Naidu’s family has a 35.71% stake in this company. Heritage Group was founded by Chandrababu Naidu in 1992. This company works in the dairy, retail and agri segment. Telugu Desam Party (TDP) chief Chandrababu Naidu has performed brilliantly in the recently held Andhra Pradesh Assembly and Lok Sabha elections. Gave 81% return in the last 1 month If we look at the last 1 year, the stock of Heritage Foods has seen an increase of 81%. On May 13, the stock of the company was at Rs 363.05, now it is at Rs 660.30. That is, in just 1 month, it has increased by Rs 297.25. Chandrababu Naidu’s wife has the highest stake in the company Chandrababu Naidu’s wife Bhuvaneshwari has a 24.37% stake in the company. While son Lokesh and daughter-in-law Brahmani have 10.82% and 0.46% stake respectively. Naidu’s grandson Devansh has a 0.06% stake in it. That is, the total stake of Chandrababu Naidu’s family in the company is 35.71%. Chandrababu Naidu will take oath as Chief Minister on June 12 Telugu Desam Party (TDP) President N Chandrababu Naidu will take oath as the Chief Minister of Andhra Pradesh on June 12. He is going to become the Chief Minister of the state for the fourth time. Earlier, he took oath as CM on 1 September 1995, 11 October 1999 and 8 June 2014. In 2019, YSRCP President Jagan Mohan Reddy won and snatched power from him. In this Lok Sabha election also, TDP has won 16 seats. TDP has extended its support to NDA. This means it will also be a part of the central government.

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