KCP, Heritage Foods extend rally for second straight day as TDP gains power in Andhra Pradesh

Shares of Telugu Desam Party- (TDP) related firms like KCP Ltd and Heritage Foods Ltd on Thursday continued their rally on Thursday for the second consecutive session. This was due to news reports that TDP leader Chandrababu Naidu is expected to become the chief minister of Andhra Pradesh following the regional party's resounding election victory, and that he may endorse the National Democratic Alliance (NDA). KCP Ltd share price surged by more than 18%, while Heritage Foods share price increased by 10% to reach a 52-week high.