Sri Adhikari Brothers Television Network Shows Strong Market Resilience Amid Increased Trading Activity

Jul 29 2025 12:00 PM IST
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Sri Adhikari Brothers Television Network Ltd experienced significant trading activity today, reaching its upper circuit limit and maintaining a high price throughout the session. The stock has outperformed its sector recently and shows strong buying interest, despite a slight decline in delivery volume compared to the average.
Sri Adhikari Brothers Television Network Ltd, a small-cap player in the Media & Entertainment sector, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 892.9, reflecting a 5% increase from its previous close. This surge marks a notable performance, as the stock has outperformed its sector by 5.46% and has gained 10.24% over the last two days.

The stock opened with a gap up at Rs 892.9 and maintained this price throughout the trading session, indicating strong buying interest. Despite a total traded volume of 0.00351 lakh shares and a turnover of Rs 0.03134 crore, the stock's liquidity remains adequate for trading, with a delivery volume that has shown a slight decline compared to the five-day average.

In terms of moving averages, the stock is currently positioned higher than the 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day and 20-day averages. Overall, Sri Adhikari Brothers Television Network Ltd's performance today underscores its resilience in the market, reflecting positive momentum in its trading activity.
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