Sri Adhikari Brothers Television Network Hits All-Time High, Outperforms Sector by 2.77%

Sri Adhikari Brothers Television Network (SABTNL) has reached an all-time high on September 7, 2024, with its stock price hitting Rs.633.5. This smallcap company in the TV broadcasting and software industry has been gaining momentum in the market, outperforming its sector by 2.77% today.

According to MarketsMOJO, the stock call for SABTNL is 'Sell'. However, the stock has been on a consecutive gain for the last 21 days, with a 51.43% increase in returns during this period. Today, the stock opened with a gain of 2% and touched an intraday high of Rs.633.5, with no range in its trading price.

Sri Adhikari Brothers Television Network is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance.

In the past year, SABTNL has shown an impressive growth of 43589.66%, while the Sensex has only seen a 23.23% increase in performance. This showcases the company's strong potential and growth in the market.

Investors and experts are closely watching the performance of Sri Adhikari Brothers Television Network, as it continues to make strides in the TV broadcasting and software industry. With its recent all-time high, the company is proving to be a strong player in the market.