Sri Adhikari Brothers Television Network Hits Upper Circuit Amid Strong Buying Pressure

Nov 19 2025 10:00 AM IST
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Sri Adhikari Brothers Television Network Ltd witnessed a significant surge on 19 Nov 2025, hitting its upper circuit limit with a 5.0% gain to close at Rs 1,135.70. This movement reflects robust buying interest and a notable outperformance relative to its sector and benchmark indices, underscoring heightened investor enthusiasm in this small-cap media and entertainment stock.



The stock opened with a gap-up of 4.19%, signalling strong demand from the outset of trading. Throughout the day, it touched an intraday high of Rs 1,135.70, which represents the maximum permissible daily price band of 5%, indicating the stock reached its upper circuit limit. The price band for the day was set at 5%, with the low recorded at Rs 1,103.45. Such a price action is indicative of sustained buying pressure that prevented the stock from trading below the upper circuit threshold.



Trading volumes for Sri Adhikari Brothers Television Network stood at 0.10066 lakh shares, with a turnover of approximately Rs 1.14 crore. While the total traded volume is modest, the liquidity remains adequate for trade sizes up to Rs 0.15 crore, based on 2% of the five-day average traded value. This liquidity profile supports orderly trading despite the sharp price movement.



Over the past ten consecutive trading sessions, the stock has delivered a cumulative return of 47.54%, substantially outperforming the Media & Entertainment sector, which recorded a marginal decline of 0.03% on the same day. The benchmark Sensex also closed slightly lower by 0.02%, highlighting the stock’s relative strength amid broader market softness.



From a technical perspective, Sri Adhikari Brothers Television Network is trading above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment suggests a positive momentum trend in the short to long term, reinforcing the bullish sentiment among market participants.




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Despite the strong price rally, investor participation as measured by delivery volume has shown a decline. On 18 Nov 2025, the delivery volume was 28,230 shares, which is 41.64% lower than the five-day average delivery volume. This suggests that while the stock price is advancing, a portion of the trading activity may be driven by intraday or speculative trades rather than sustained accumulation by long-term investors.



The market capitalisation of Sri Adhikari Brothers Television Network stands at approximately Rs 2,881.62 crore, categorising it as a small-cap entity within the Media & Entertainment sector. The company’s Mojo Score is 37.0, with a current Mojo Grade of Sell, reflecting an adjustment in evaluation from a previous Strong Sell grade as of 4 Sep 2025. This revision indicates a change in the stock’s assessment based on recent developments and market dynamics.



Regulatory mechanisms have come into play as the stock hit its upper circuit limit. The trading freeze imposed prevents further upward price movement for the day, ensuring orderly market conduct and preventing excessive volatility. The unfilled demand at the upper circuit price level points to strong latent buying interest that could influence trading patterns in subsequent sessions.



Investors should note that while the stock’s recent performance is impressive, the underlying fundamentals and sector outlook remain critical factors to monitor. The Media & Entertainment industry continues to face evolving challenges and opportunities, including shifts in content consumption, advertising revenues, and digital transformation trends.




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Looking ahead, the stock’s ability to sustain its momentum will depend on continued investor interest, sector developments, and broader market conditions. The recent price action, characterised by a 5.0% gain and upper circuit hit, reflects a strong short-term bullish sentiment. However, the decline in delivery volumes warrants attention as it may signal cautious participation from long-term holders.



In summary, Sri Adhikari Brothers Television Network’s performance on 19 Nov 2025 highlights a notable episode of strong buying pressure and maximum daily gain within the constraints of regulatory price bands. The stock’s outperformance relative to its sector and benchmark indices, combined with its technical positioning above key moving averages, presents a compelling case for close monitoring by investors interested in the Media & Entertainment space.






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