Sri Adhikari Brothers Television Network Hits All-Time High, Outperforms Sector with Impressive Returns

Sri Adhikari Brothers Television Network (SABTNL) has reached an all-time high on October 12, 2024, with its stock price hitting Rs. 1018.1. This smallcap company in the TV broadcasting and software industry has been gaining momentum in the market, with its stock rising for the last 21 days and outperforming the sector by 1.01%. Today, the stock opened with a gain of 2% and touched an intraday high of Rs. 1018.1.

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 return of 48847.12%, compared to Sensex's 22.43% performance. This shows the potential of the company in the market.

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. This smallcap company has shown consistent growth and has gained 51.46% returns in the last 21 days.

Investors should keep an eye on Sri Adhikari Brothers Television Network as it continues to make strides in the TV broadcasting and software industry. With its recent all-time high and strong performance in the market, the company has the potential to attract more investors and continue its upward trend.