Sri Adhikari Brothers Stock Hits Upper Circuit, Signaling Strong Investor Confidence

Jun 30 2025 10:00 AM IST
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Sri Adhikari Brothers Television Network Ltd experienced significant stock performance today, reaching its upper circuit limit after ten consecutive days of gains. The stock outperformed its sector, with robust trading volume and liquidity, indicating strong investor interest and a positive market sentiment surrounding the company.
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 963.7, reflecting a significant change of Rs 45.85, or 5.0%. This surge comes as the stock has been on a consistent upward trajectory, gaining for the last ten consecutive days and accumulating a total return of 62.83% during this period.

The stock's performance today outpaced its sector by 4.26%, while the overall market, represented by the Sensex, saw a slight decline of 0.18%. With a total traded volume of 0.06364 lakh shares and a turnover of Rs 0.603 crore, the liquidity appears robust, supported by a delivery volume that has increased by 623.84% compared to the five-day average.

Additionally, Sri Adhikari Brothers is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. Overall, the stock's performance today underscores its solid position in the market, reflecting positive investor sentiment and activity.
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