Heritage Foods shares hit a record high after founder Chandrababu Naidu won the Andhra Pradesh Assembly elections.
Why do share prices increase or decrease based on such news? Can someone explain this to me?
Anonymous 1
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In hopes that the company will do well in the future.
0 replies
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It is a really good initiative by the company as it will help in the regional development of the region as well as will generate employment for locals
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Event based upticks don't generally convert into sustainable growth.
The image below is a cautionary tale for investors who chase trends. It's important to remember that past performance is not necessarily indicative of future results. Just because