The victory of TDP-Janasena is being celebrated by supporters everywhere. Chandrababu’s swearing-in ceremony will take place at Kesarapalli IT Park, and the TDP is expected to have a significant role in the NDA alliance. Negotiations are underway for important positions in the central cabinet.
Following Chandrababu’s election win, Heritage Foods, founded by him and owned by Nara Bhuvaneswari, has seen a big rise in its share price. In the past five days alone, Heritage Foods Limited shares have gone up by 55%. Today, they rose another 10%, hitting the upper limit.
On June 3, the share price of Heritage Foods Limited was Rs. 424, and today it’s Rs. 661. Nara Bhuvaneswari, who holds a 24.37% stake in Heritage, has earned Rs. 579 crores through shares in just 5 days. Nara Brahmani serves as the whole-time director of Heritage Foods Limited.
Chandrababu’s election victory has also caused a sudden increase in land prices in his envisioned capital, Amaravati.