Sri Adhikari Brothers Television Network Achieves 17-Day Winning Streak Amid Strong Market Support

Jul 09 2025 10:00 AM IST
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Sri Adhikari Brothers Television Network Ltd has gained attention by reaching its upper circuit limit, marking its 17th consecutive day of increases and a significant return over this period. The stock maintained strong market support, trading above key moving averages, despite a decline in delivery volume.
Sri Adhikari Brothers Television Network Ltd, a small-cap player in the Media & Entertainment sector, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 1355.8, reflecting a notable increase of 5% from its previous close. This surge marks the stock's 17th consecutive day of gains, contributing to an impressive 129.08% return over this period.

Trading activity today showed a total volume of approximately 0.00552 lakh shares, with a turnover of Rs 0.07484 crore. The stock opened at Rs 1355.8, maintaining this price throughout the trading session, indicating strong market support. 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 a decline in delivery volume compared to the 5-day average, the stock remains liquid enough for trades of Rs 0.01 crore. Overall, Sri Adhikari Brothers Television Network Ltd has outperformed its sector by 4.3% today, showcasing a strong performance in a challenging market environment.
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