Now the promoter is the minister in the TDP government in Andhra Pradesh. I believe this company might get some benefits from the government in future. The share price of most of the companies related to TDP (Heritage, ARE&M) increased drastically after TDP won the AP state elections and this one also appreciated marginally from Rs 75 to Rs 90. If it gets some benefits then the share price might appreciate in future.
Subscribe To Our Free Newsletter |