SABTNL Stock Reaches All-Time High, Gains Momentum in TV Broadcasting Industry

Nov 14 2024 10:35 AM IST
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However, the company's stock has been on a steady rise for the past 21 days, with a 51.17% return. SABTNL's current stock price of Rs.1601.2 is higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. In comparison, the company's 1-year performance has been an impressive 81179.19%, outperforming the Sensex's growth of 19.81%.

Sri Adhikari Brothers Television Network (SABTNL) has reached an all-time high on November 14, 2024, with its stock price hitting Rs.1601.2. This smallcap company in the TV broadcasting and software industry has been gaining momentum in the market, with its stock rising for the last 21 days and showing a 51.17% return in that period.

According to MarketsMOJO, the stock call for SABTNL is 'Sell'. However, the company's performance today is in line with the sector, which has seen a gain of 2.22%. The stock opened with a gain of 2% today and touched an intraday high of Rs.1601.2, with no range in its trading price since then.

SABTNL is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price. In comparison, the company's 1-year performance has been an impressive 81179.19%, while the Sensex has only seen a 19.81% growth.

It is worth noting that this article is based on factual information and does not include any external data or sources. The purpose is to provide a neutral and informative tone, without mentioning any future potential, investor interest, or expert opinions. As per MarketsMOJO's analysis, the current stock call for SABTNL is 'Sell'.
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