Chandrababu Naidu’s family’s wealth surges with Heritage Foods shares rising over 105%. Naidu’s party, Telugu Desam Party, wins big in Andhra Pradesh elections.
HFCL’s AI, data centre exposure drives Nuvama’s Buy call; target implies 56% upside
Nuvama has initiated coverage on HFCL with a ‘Buy’ rating and a target price of Rs 380, implying a 56% upside from its reference price