Sri Adhikari Brothers Television Network Ltd Gains 6.17%: 6 Key Factors Driving the Rally

Monday, 5 January: New 52-Week High Amid Volatility

On 5 January 2026, Sri Adhikari Brothers Television Network Ltd reached a new 52-week high of Rs.1,778.35 intraday, marking a significant milestone in its price journey. Despite closing lower at Rs.1,685.00 (-3.25%), the stock demonstrated strong momentum with a wide intraday range from Rs.1,692 to Rs.1,778.35. This volatility reflected a tug-of-war between profit-taking and sustained buying interest. The stock’s 1-year return of 29.24% notably outpaced the Sensex’s 8.17% gain, underscoring its resilience within the Media & Entertainment sector.

Tuesday, 6 January: Technical Momentum Shifts Signal Bullish Outlook

Despite a modest gain of 0.92% to close at Rs.1,700.50, the stock’s technical indicators improved significantly on 6 January. The Moving Average Convergence Divergence (MACD) on weekly and monthly charts confirmed strengthening upward momentum, while the stock remained above all key moving averages. However, the Relative Strength Index (RSI) on the weekly chart suggested some short-term consolidation. The stock’s 3-year and 5-year returns remain exceptional, highlighting its long-term growth potential despite short-term volatility.

Wednesday, 7 January: Fresh 52-Week High and Sector Outperformance

The stock surged 4.05% to close at Rs.1,769.35, hitting a new 52-week high of Rs.1,784 intraday. This represented a strong outperformance of 12.04% relative to the TV Broadcasting & Software sector, which declined 7.95% on the day. The stock’s positioning above all major moving averages confirmed a robust bullish trend. Over the past two days, the stock delivered a cumulative return of 5.04%, reinforcing sustained buying interest amid a mixed market environment.

Thursday, 8 January: Upper Circuit Hit and New 52-Week High

The stock hit the upper circuit limit on 8 January, closing at Rs.1,857.05 (+4.96%) with an intraday high of Rs.1,857.7. This represented a 5% maximum permissible gain, driven by robust buying pressure and strong investor enthusiasm. The stock outperformed the Media & Entertainment sector’s 1.2% gain and the Sensex’s 0.43% decline. Despite moderate volumes, the turnover of approximately Rs.3.07 crore highlighted liquidity. The stock’s delivery volumes declined by 11.47% compared to the five-day average, suggesting some short-term trading activity. The regulatory freeze triggered by the upper circuit hit underscores the intensity of demand amid a cautious market backdrop.

Friday, 9 January: New 52-Week High at Rs.1,944 Amid Subdued Market

On the final trading day of the week, Sri Adhikari Brothers Television Network Ltd reached a fresh 52-week high of Rs.1,944, closing at Rs.1,848.95 (-0.44%). The stock gained 3.93% intraday, outperforming the Sensex which declined 0.89%. This marked the fourth consecutive day of gains, accumulating a 15.07% return over this period. The stock’s 1-year return surged to 77.51%, significantly ahead of the Sensex’s 8.44%. Despite the broader market’s subdued technical backdrop, the stock maintained its position above all major moving averages, signalling sustained bullish momentum.

Daily Price Comparison: Sri Adhikari Brothers Television Network Ltd vs Sensex

Key Takeaways

Strong Price Momentum: The stock demonstrated robust gains throughout the week, hitting multiple 52-week highs and closing with a 6.17% weekly gain, significantly outperforming the Sensex’s 2.62% decline.

Technical Strength: Consistent trading above all major moving averages and bullish MACD signals indicate sustained upward momentum despite some short-term RSI caution.

Sector Outperformance: The stock outpaced the Media & Entertainment sector on key days, notably on 7 and 8 January, highlighting relative strength amid sector volatility.

Volume and Liquidity: Moderate volumes accompanied the price surge, though declining delivery volumes on 8 January suggest some short-term trading activity rather than long-term accumulation.

Regulatory Impact: The upper circuit hit on 8 January triggered a trading freeze, reflecting intense demand but also potential volatility risks.

Rating and Valuation: Despite the positive price action, the Mojo Grade remains at ‘Sell’ with a score of 44.0, indicating cautious sentiment from fundamental and technical perspectives.

Conclusion

Sri Adhikari Brothers Television Network Ltd’s performance in the week ending 9 January 2026 was marked by strong price appreciation and multiple new 52-week highs, underscoring a powerful rally within a mixed market environment. The stock’s ability to outperform both the Sensex and its sector peers, combined with favourable technical indicators, highlights its resilience and momentum. However, the persistent ‘Sell’ Mojo Grade and regulatory trading freezes suggest investors should remain vigilant to potential volatility and fundamental risks. Overall, the week’s developments position the stock as a notable performer in the Media & Entertainment space, with a clear upward trajectory tempered by cautionary signals.

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