Heritage Foods: Shares At All-Time-High

Shares of Heritage Foods Ltd., doubled in value over the last 12 trading sessions. On Monday, the stock hit another 10% upper circuit, reaching Rs 727.9, up from Rs 354.5 on May 23. Naidu’s wife, Bhuvaneswari Nara, and son, Lokesh, hold 24.37pc and 10.82pc stakes in Heritage Foods. On May 23, their combined stake was valued at just over Rs 1,100 cr. With the recent stock surge, it is now valued at over Rs 2,300 cr.