The real winner of this election? #shorts

📈 The TDP stocks 📈

👑 The election results which were announced on 4th June 2024 not only marked the comeback of Chandrababu Naidu (CBN) to power, but it also made him the kingmaker in Delhi. And his historic election victory propelled a group of stocks known as the TDP stocks soaring high in the stock market.

💰 What are the TDP stocks:
These are a small group of stocks which are based in Andhra Pradesh or related to Andhra Pradesh. These stocks include CBN’s Nara family-owned Heritage Foods, Galla Family’s Amaraja, KCP Ltd, NCC and Andhra Sugar. Since 4th June, these stocks have posted a 20-60% increase in their share prices.

🤑 Why this rally?
These stocks are either directly related to Andhra Pradesh’s ruling party TDP or will directly benefit from the TDP Government. With TDP back in power, the Amravati capital project will be revived which will lead to new orders and construction. It will help companies like KCP and NCC.

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