Sri Adhikari Brothers Faces Intense Selling Pressure Amid Consecutive Losses

Jun 02 2025 02:25 PM IST
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Sri Adhikari Brothers Television Network Ltd is experiencing notable selling pressure, with the stock declining over consecutive days. It has underperformed the Sensex significantly in various time frames, including a year-to-date drop of 63.90%. The stock is trading below multiple moving averages, indicating a bearish trend.
Sri Adhikari Brothers Television Network Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past three days, with a total decline of 5.87%. Today, the stock fell by 2.00%, underperforming the Sensex, which decreased by only 0.27%.

In the past week, Sri Adhikari Brothers has seen a decline of 2.84%, compared to the Sensex's drop of 1.15%. Over the past month, the stock has plummeted by 7.60%, while the Sensex has gained 0.90%. Year-to-date, the stock has significantly underperformed, down 63.90%, in contrast to the Sensex's modest increase of 3.95%.

The stock's performance has been characterized by high volatility, with an intraday volatility of 279.58%. It has also been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock touched an intraday low of Rs 561.95 today, reflecting the ongoing selling pressure in the market.
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