Sri Adhikari Brothers Television Network Achieves 18 Days of Consecutive Gains Amid Strong Market Support
The stock opened with a gap up of 5% at Rs 1423.55 and maintained this price throughout the trading session, indicating strong market support. Total traded volume stood at 0.034 lakh shares, with a turnover of Rs 0.484 crore. Notably, the stock has outperformed its sector by 5.11% today, while the broader market, represented by the Sensex, saw a slight decline of 0.14%.
In terms of moving averages, Sri Adhikari Brothers is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a robust upward trend. The rising investor participation is also evident, with delivery volume increasing by 63.14% compared to the 5-day average.
Overall, Sri Adhikari Brothers Television Network Ltd's performance today underscores its strong market position and positive momentum in the current trading environment.
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