SABTNL Stock Hits All-Time High, But MarketsMOJO Calls for 'Sell' Rating

Nov 25 2024 10:35 AM IST
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Sri Adhikari Brothers Television Network (SABTNL) has reached an all-time high on November 25, 2024, with its stock price hitting Rs.1767.75. Despite a positive trend and strong performance in the past year, MarketsMojo has given a 'Sell' call for SABTNL and the stock has underperformed the sector by -5.02% today.

Sri Adhikari Brothers Television Network (SABTNL) has reached an all-time high on November 25, 2024, with its stock price hitting Rs.1767.75. However, according to MarketsMOJO, the stock call for SABTNL is 'Sell'. The stock has underperformed the sector by -5.02% today.

In terms of performance, SABTNL has been on a winning streak for the last 21 days, with a rise of 51.18% in this period. The stock also opened with a gain of 2% today and touched an intraday high of Rs.1767.75. It has been trading at this price since the opening, with no range.

SABTNL is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock.

In comparison, the TV Broadcasting & Software sector has gained by 7.4%. However, it is important to note that SABTNL's one-year performance is significantly higher at 93929.26%, while the Sensex has only seen a 21.86% increase.

Overall, SABTNL has shown strong performance in the past year, but investors should take note of the current 'Sell' call by MarketsMOJO and the underperformance in the sector today.
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