Sri Adhikari Brothers Television Network Hits All-Time High, Outperforming Sector

Nov 16 2024 09:20 AM IST
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Sri Adhikari Brothers Television Network (SABTNL) has seen a significant rise in its stock price, reaching an all-time high of Rs.1601.2 on November 16, 2024. The smallcap company in the TV broadcasting and software industry has been outperforming the sector and is currently trading above its moving averages, indicating a positive trend.

Sri Adhikari Brothers Television Network (SABTNL) has reached an all-time high on November 16, 2024, with its stock price hitting Rs.1601.2. This smallcap company in the TV broadcasting and software industry has been gaining momentum in the market, with its stock rising for the past 21 days and outperforming the sector by 0.41%. Today, the stock opened with a gain of 2% and touched an intraday high of Rs.1601.2, with no range in its trading price.

According to MarketsMOJO, the stock call for Sri Adhikari Brothers Television Network is 'Sell'. However, the company's performance in the past year has been impressive, with a 81179.19% increase in its stock price, compared to the Sensex's 19.48% performance. This shows the potential for growth and success in the company's future.

Sri Adhikari Brothers Television Network is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price. With its recent all-time high and consistent growth, the company is definitely one to watch in the TV broadcasting and software industry.
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