Andhra Pradesh and Naidu stocks surged post-elections, outperforming PSU and Modi stocks, rallying by Rs 20,000 crore in just 8 trading days since results.
Microcaps like Anjani Foods and Crane Infrastructure surged 69% and 53%, respectively, post-elections.
Heritage Foods, promoted by Naidu's son, Nara Lokesh, is up about 40%. Other Andhra stocks show double-digit returns.
Investors expect growth as Naidu, known for developing Hyderabad, now leads Andhra and is part of NDA government.
Andhra Pradesh and Naidu stocks surged post-elections, outperforming PSU and Modi stocks, rallying by Rs 20,000 crore in just 8 trading days since results.
Revival of Amravati project and Polavaram irrigation expected to boost demand for cement and infrastructure stocks.
BSE PSU index has not fully recovered from the 16% drop on election day, while Naidu stocks thrive.