Multibagger Stock: The two companies which are being discussed a lot in the stock market for the last few days are Heritage Foods Ltd and Amara Raja Energy and Mobility Ltd. Both these companies have direct relations with NDA’s main allies TDP and Chandrababu Naidu. Let us tell you, today again the shares of Heritage Foods Limited have hit the upper circuit of 10 percent. During the last one month, the company’s share prices have seen an increase of 89 percent.
Upper circuit started again today
After hitting 10 percent upper circuit in the share prices of Heritage Foods today, the price had reached the level of Rs 601.15. This is also the 52 week high of the company. During the last 3 trading sessions, the company’s share prices have seen a rise of 33 percent. At the same time, the stock price of this company has increased by 55 percent in 10 days. Let us tell you, on Monday, the company’s shares had hit an upper circuit of 20 percent. After which the circuit was changed in BSE.
There is a sharp rise in this railway stock again, today the price rose by 8%, investors are happy.
Chandrababu Naidu started the company
In the information given by the company to the exchange, it has been said that Heritage Group was founded in 1992 by Chandrababu Naidu. The company currently has three businesses. The company works in dairy, retail and agriculture sectors. Chandrababu Naidu’s son Nara Lokesh is one of the promoters of the company. The promoters’ total stake in Heritage Foods is 41.30 percent as of March. Chandrababu Naidu’s wife has the maximum stake in this. His total stake in the company till March 2024 is 24.37 percent.
32% jump in this stock
Talking about Amara Raja, the company’s shares have seen a rise of 32 percent in 2 days. Shares of this company today rose by 9 percent to reach an intra-day high of Rs 1332.75. This is the 52 week high of this stock in BSE. The MD of Amara Raja is Jaydev Galla. Who has been an MP from TDP.
