Sri Adhikari Brothers Stock Surges, Highlighting Strong Market Position and Investor Interest

Jul 02 2025 10:00 AM IST
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Sri Adhikari Brothers Television Network Ltd has achieved significant gains, reaching its upper circuit limit and marking its 12th consecutive day of increases. The stock demonstrated strong trading activity, maintaining a high price throughout the session, and is currently positioned above key moving averages, reflecting robust market interest.
Sri Adhikari Brothers Television Network Ltd, a small-cap player in the Media & Entertainment sector, has shown remarkable performance today, hitting its upper circuit limit. The stock reached an intraday high of Rs 1062.4, reflecting a 5% increase from its previous close. This surge marks the stock's 12th consecutive day of gains, accumulating an impressive 79.5% return over this period.

Trading activity has been notable, with a total traded volume of 0.00574 lakh shares and a turnover of Rs 0.06098 crore. The stock opened with a gap up of 5% and has maintained its price throughout the trading session, indicating strong market interest. Additionally, Sri Adhikari Brothers is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend.

Despite the broader market's mixed performance, with the sector and Sensex showing slight declines, Sri Adhikari Brothers has outperformed its sector by 5%. Overall, the stock's performance today underscores its strong market position and investor engagement.
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