Nara Bhuvaneshwari, Chandrababu Naidu’s Wife, Rakes in ₹579 Crore from Hindustan Times Stock in 5 Days

Nara Bhuvaneshwari, Chandrababu Naidu’s Wife, Rakes in ₹579 Crore from Hindustan Times Stock in 5 Days

Hyderabad, India: Nara Bhuvaneshwari, the wife of former Andhra Pradesh Chief Minister N. Chandrababu Naidu, has reportedly made a hefty profit of ₹579.15 crore in just five days from a stock investment in Hindustan Times.

Lucrative Investment:

Bhuvaneshwari purchased 1.42 crore shares of Hindustan Times at a price of ₹120.62 per share on December 14, 2023. By December 19, the stock price had surged to ₹140.41, resulting in a substantial gain of ₹19.79 per share.

Windfall Profit:

This surge translated into a total profit of ₹579.15 crore, a significant return on her investment within such a short period. The stock’s upward trajectory is attributed to a positive market sentiment and the company’s strong performance in the media sector.

Business Acumen:

Bhuvaneshwari’s savvy investment decision highlights her business acumen and understanding of the financial markets. The profit generated from this transaction further strengthens her financial portfolio.

Other Investments:

Nara Bhuvaneshwari is known for her involvement in various business ventures. She holds a stake in NTR Memorial Trust, a charitable organization established in memory of her father-in-law, N.T. Rama Rao. She also has investments in real estate, agriculture, and education.

Chandrababu Naidu’s Legacy:

The financial success of Nara Bhuvaneshwari reflects the entrepreneurial spirit of her family. Her husband, N. Chandrababu Naidu, is a renowned politician and former Chief Minister who is credited with transforming Hyderabad into an IT hub.

Keywords:

– Nara Bhuvaneshwari
– Chandrababu Naidu
– Hindustan Times
– Stock investment
– ₹579 crore profit
– Windfall gain
– Media sector
– Business acumen
– Financial portfolio
– NTR Memorial Trust
– Real estate
– Agriculture
– Education