Key Events This Week
16 Feb: Shares hit lower circuit at Rs.1,823.95 (-5.00%) amid heavy selling pressure
17 Feb: Another lower circuit hit at Rs.1,713.60 (-5.00%) with gap down opening
18 Feb: Lower circuit triggered again at Rs.1,628.00 (-5.00%) despite mild bullish technical signals
19 Feb: Sixth consecutive decline, lower circuit at Rs.1,546.60 (-5.00%) amid panic selling
20 Feb: Week closes with seventh straight lower circuit at Rs.1,469.30 (-5.00%) reflecting intense selling
16 February 2026: Lower Circuit Hit Amid Heavy Selling Pressure
SABTN opened the week on a sharply negative note, plunging 5.00% to Rs.1,823.95 and hitting the lower circuit limit. The stock’s intraday low of Rs.1,803.70 triggered a trading halt, reflecting intense selling pressure and a significant imbalance between supply and demand. Despite a market capitalisation of approximately ₹4,871 crores, liquidity constraints and a steep 84.56% drop in delivery volumes compared to the prior five-day average exacerbated the decline. The stock’s underperformance was stark against the broader Sensex, which rose 0.70%, and the Media & Entertainment sector’s modest 1.57% fall. Technical indicators showed the price below short-term moving averages but still above longer-term averages, signalling short-term bearish momentum amid some medium-term support.
17 February 2026: Continued Downtrend with Gap Down and Lower Circuit
The downward trajectory persisted as SABTN opened 5.00% lower at Rs.1,732.80, again hitting the lower circuit at Rs.1,713.60. The stock remained locked at this level throughout the session, underscoring persistent selling pressure and lack of buyer interest. This marked the second consecutive day of circuit breaker activation, with the stock underperforming the sector and the Sensex, which declined only marginally by 0.23%. Technical momentum remained mixed, with bullish MACD signals on weekly and monthly charts contrasting with bearish short-term moving averages and a mildly bearish Know Sure Thing (KST) indicator on monthly timeframes. The stock’s adjusted beta of 1.35 indicated heightened volatility relative to the small-cap market index.
18 February 2026: Lower Circuit Again Amid Panic Selling Despite Mild Bullish Technical Signals
SABTN’s shares once more hit the lower circuit at Rs.1,628.00, marking a 5.00% loss and the third consecutive day of trading halts due to intense selling. Trading volumes remained subdued, with turnover of just ₹0.15 crore and delivery volumes contracting sharply. The stock’s decline of 5.00% outpaced the sector’s 0.28% fall and contrasted with a marginal Sensex gain of 0.03%. Notably, technical analysis revealed a mild bullish momentum shift, with MACD and Bollinger Bands indicating potential stabilisation, though other indicators such as RSI and On-Balance Volume (OBV) remained neutral. Despite these signals, the prevailing market sentiment was dominated by panic selling and a lack of buying interest.
Strong fundamentals, steady climb upward! This Large Cap from Telecommunication sector earned its Reliable Performer badge through consistent execution. Safety meets solid returns here!
- - Reliable Performer certified
- - Consistent execution proven
- - Large Cap safety pick
19 February 2026: Sixth Consecutive Decline with Lower Circuit and Elevated Volatility
The stock opened 5.00% lower at Rs.1,563.90, continuing its losing streak with a sixth straight day of declines. Intraday volatility was pronounced, with a 6.9% range between the low of Rs.1,563.90 and an intraday high of Rs.1,686.80. Despite a brief bounce, SABTN closed at the lower circuit price of Rs.1,546.60, marking another 5.00% loss. Trading volume was modest at 0.17302 lakh shares, with delivery volumes down 75.49% from the five-day average, indicating a predominance of forced selling over genuine accumulation. The stock’s underperformance was stark compared to the sector’s 1.16% decline and the Sensex’s marginal 0.13% fall. Technical indicators continued to show bearish momentum in the short term, though long-term moving averages provided some support.
20 February 2026: Seventh Straight Lower Circuit Hit as Panic Selling Dominates
SABTN closed the week at Rs.1,485.75, down 5.00% on the day and triggering the lower circuit for the seventh consecutive session. The stock opened with a 2.69% gap down and traded between Rs.1,469.30 and Rs.1,538.90, with most volume executed near the day’s low. Delivery volumes surged by 464.49% compared to the five-day average, signalling heightened investor participation on the sell side amid panic selling. The stock’s fall outpaced the Media & Entertainment sector’s 0.62% decline and contrasted with a marginal Sensex gain of 0.07%. Despite trading above its 100-day and 200-day moving averages, SABTN remained below short-term moving averages, reflecting ongoing bearish momentum. The company’s Mojo Score of 37.0 and Sell rating, downgraded from Strong Sell in September 2025, highlight persistent concerns over fundamentals and valuation.
Why settle for Sri Adhikari Brothers Television Network Ltd? SwitchER evaluates this small-cap against peers, other sectors, and market caps to find you superior investment opportunities!
- - Comprehensive evaluation done
- - Superior opportunities identified
- - Smart switching enabled
Daily Price Performance: SABTN vs Sensex
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-16 | Rs.1,823.95 | -5.00% | 36,787.89 | +0.70% |
| 2026-02-17 | Rs.1,732.80 | -5.00% | 36,904.38 | +0.32% |
| 2026-02-18 | Rs.1,646.20 | -5.00% | 37,062.35 | +0.43% |
| 2026-02-19 | Rs.1,563.90 | -5.00% | 36,523.88 | -1.45% |
| 2026-02-20 | Rs.1,485.75 | -5.00% | 36,674.32 | +0.41% |
Key Takeaways
Persistent Downtrend and Heavy Selling: SABTN’s seven consecutive days of 5.00% declines, each triggering the lower circuit, highlight intense selling pressure and investor anxiety. The cumulative 22.61% weekly loss starkly contrasts with the Sensex’s 0.39% gain, underscoring company-specific challenges.
Volume and Liquidity Dynamics: Delivery volumes contracted sharply early in the week, indicating withdrawal of committed buyers, but surged on the final day, reflecting panic selling. Despite moderate liquidity, unfilled supply and order imbalances exacerbated price declines.
Technical Indicators Mixed but Bearish Short-Term: While SABTN remains above its 100-day and 200-day moving averages, short-term moving averages and momentum indicators signal bearishness. Mildly bullish MACD and Bollinger Bands suggest potential stabilisation, but lack of volume confirmation tempers optimism.
Sector and Market Context: The stock consistently underperformed the Media & Entertainment sector and broader market indices, reflecting company-specific headwinds amid sectoral challenges.
Rating and Sentiment: MarketsMOJO’s Mojo Score of 37.0 and Sell rating, downgraded from Strong Sell, indicate cautious analyst sentiment. The small-cap status and moderate market cap grade contribute to heightened volatility and sensitivity to market swings.
Conclusion
The week ending 20 February 2026 was marked by a severe and sustained decline in Sri Adhikari Brothers Television Network Ltd’s share price, driven by relentless selling pressure and investor apprehension. Despite some technical signals suggesting mild bullish momentum, the dominant narrative remains one of caution, with seven consecutive lower circuit hits underscoring the stock’s vulnerability. The divergence from sector and market performance highlights company-specific concerns that have yet to be resolved. Investors should remain vigilant, closely monitoring fundamental developments and technical indicators before considering exposure to this small-cap media entity. Risk management remains paramount amid the prevailing volatility and uncertain outlook.
Only Rs. 9,999 - Get MojoOne for 1 Year + 3 Months FREE (60% Off) Start Today
