Andhra Pradesh CM Chandrababu Naidu’s wife earns Rs 79 crore in just one day due to this reason, her name is…

In the development of a large stock market, Heritage Foods Limited, who belongs to the family of Andhra Pradesh Prime Minister N Chandrababu Naidu, pricts over 7% on a single day and enriches the family from about 79 RS. Even if the company declared a decrease in the snow for the April -June quarter of the current financial year, a jump came.

Heritage Foods, a leading milk company, has made 40.5 RS net profit in the first quarter of 2015. This indicates a 30.7% decline compared to the 58.4 Crore net profit recorded in the same period last year. However, despite the decrease in profit, the company’s shares seemed to be high when the shares of the company touched more than 7%493.25 RS.

This increase in the share price has benefited from Naidu’s wife Nara Bhuvaneshwari, which has 2.26 Crore shares, which is about 24.37% of the company. Only one -day earnings from the stock rally were about 79 RS. In general, the Naidu family has 35.71% shares in Heritage Foods.

Interestingly, in spite of the temporary increase, the stock fell at 463.65 RS in the national stock exchange with a 3.17% decrease from the previous closing after reaching the lowest level of 455.85 RS.

In another important update, the Heritage Foods Board approved a share of 44.4% in Heritage Bestivet (HNFPL) and increased its total retention to the animal nutrition company to 94.4%. This strategic movement is expected to strengthen Heritage’s yogurt supply chain and improve control over production and distribution.

Executive Director Brahmani Nara said that non -seasonal rains in April and May affect the demand for value -added dairy products that temporarily hit profits. However, he said that June showed signs of healing and the company is optimistic about long -term growth.

In particular, Nara Bhuvaneshwari is the daughter of NT Rama Rao, the Telugu cinema symbol and the founder of TDP, and makes its business success into another part of the family’s political and entrepreneurial heritage.