Chandra Babu Naidu family's wealth increased by ₹1225 crores as soon as he became the kingmaker, this is the reason
N Chandrababu Naidu Assets: The wealth of N Chandrababu Naidu's family has also increased significantly. The shares of Andhra Pradesh-based Heritage Foods have seen a significant increase of over 105% in the last 12 trading sessions. This surge has led to an astonishing increase of Rs 1,225 crore in the family's wealth.
Chandra Babu Naidu's fortunes have improved after being out of power for five years. Not only has he returned to power in Andhra Pradesh, but he has also taken on the role of kingmaker for the nationwide government following the 2024 Lok Sabha elections.
Meanwhile, the wealth of N Chandrababu Naidu's family has grown tremendously. Heritage Foods' shares have increased by more than 105% in the last 12 trading sessions. This growth has resulted in a staggering gain of Rs 1,225 crore in the family's fortune.
On Monday, shares of Heritage Foods hit a new 52-week high of Rs 727.9 on the BSE. The company's shares hit an upper circuit of 10%. Two weeks ago, on May 23, the company's shares closed at Rs 354.5. From June 3 (a day before the election results) to June 10, the company's shares saw a strong rise. Andhra Pradesh Chief Minister-designate Chandrababu Naidu's family has a total stake of 35.71 percent in the company. The family owns 3,31,36,005 shares of the company.
