Sri Adhikari Brothers Television Network Shows Strong Resilience Amid Market Trends

Jul 30 2025 10:00 AM IST
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Sri Adhikari Brothers Television Network Ltd experienced significant trading activity today, reaching its upper circuit limit. The stock has gained for three consecutive days, outperforming the sector. Despite a drop in delivery volume, it remains above key moving averages, showcasing its strong market position and upward momentum.
Sri Adhikari Brothers Television Network Ltd, a small-cap player in the Media & Entertainment sector, has shown remarkable activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 937.5, reflecting a notable increase of 4.99% from its opening price. The last traded price stands at Rs 892.9, marking an absolute change of Rs 42.5, or a 5.0% increase.

The stock has been on a positive trajectory, gaining for three consecutive days and accumulating a total return of 15.75% during this period. Today's performance outpaced the sector, which recorded a slight decline of 0.05%. The total traded volume was approximately 0.01073 lakh shares, resulting in a turnover of Rs 0.0958 crore.

Despite a decrease in delivery volume, which fell by 78.88% compared to the five-day average, the stock remains above its 5-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position. Overall, Sri Adhikari Brothers Television Network Ltd's performance today highlights its resilience and upward momentum in the current market landscape.
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