The year 2024 was full of ups and downs for the Indian stock market, but this year was really great for some special stocks. These stocks performed amazingly this year. One of these stocks belongs to the company of the Chief Minister of a state of the country. The name of this stock is Heritage Foods Ltd. This stock has given a return of more than 50 percent to its investors in a year.

Who is the owner of Heritage Foods Ltd

N Chandrababu Naidu is the founder of Heritage Foods Ltd. However, at present, Bhuvaneshwari Nara is in charge of the company. Chandrababu Naidu's wife Bhuvaneshwari Nara is also the co-founder, vice chairperson and managing director of the company. Let us tell you, Chandrababu Naidu is currently the Chief Minister of Andhra Pradesh. Along with this, he is also the richest Chief Minister of the country. According to the report of Association of Democratic Reforms (ADR), Chandrababu Naidu's net worth is Rs 931 crore.

Share made me rich

The shares of Heritage Foods Ltd have made its investors rich. In one year, this stock has given a return of more than 50 percent. Talking about the return of one year, it is more than 59 percent. At the same time, the return of 5 years is more than 161 percent. On Tuesday i.e. 31 December 2024, its shares also saw a rise. With a rise of 0.30 percent, the shares of Heritage Foods Ltd were trading at a price of Rs 484.15 on Tuesday.

The stock had rocketed after the elections

The results of the Lok Sabha elections 2024 were declared on June 4. In this election, Chandrababu Naidu and his party got good seats. Apart from this, TDP also got great seats in the state assembly elections. After the elections, Chandrababu Naidu became the Chief Minister of Andhra Pradesh and since becoming the Chief Minister, the company's shares became rockets. Look at it this way that on May 23, the price of the company's share was Rs 354.50. After this, the results of the Lok Sabha elections came and the stock started running which stopped on June 10. While the share was at Rs 354.50 on May 23, by June 10 it reached Rs 695.

Fundamentals of Heritage Foods Ltd

Talking about the fundamentals of Heritage Foods Ltd, its market cap is Rs 4,505 crore on Tuesday. The stock PE is 25.8. Whereas, the ROCE of the stock is 16.2 percent. Talking about ROE, it is 13.3 percent. At the same time, the book value of the stock is Rs 96.1. Talking about the all-time high of Heritage Foods Ltd, it is Rs 728 and the