Sri Adhikari Brothers Television Network Ltd Hits Lower Circuit Amid Heavy Selling Pressure

Feb 01 2026 11:00 AM IST
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Shares of Sri Adhikari Brothers Television Network Ltd plunged to their lower circuit limit on 1 Feb 2026, closing at ₹1,567.90 after a steep 5.0% decline. The stock faced intense selling pressure, marking its sixth consecutive day of losses and underperforming the broader Media & Entertainment sector significantly. This sharp fall reflects mounting investor concerns amid dwindling participation and persistent panic selling.
Sri Adhikari Brothers Television Network Ltd Hits Lower Circuit Amid Heavy Selling Pressure

Stock Performance and Market Context

Sri Adhikari Brothers Television Network Ltd, a small-cap player in the Media & Entertainment sector with a market capitalisation of approximately ₹3,992 crore, witnessed a severe setback on 1 Feb 2026. The stock opened sharply lower, immediately hitting the lower circuit price band of ₹1,567.90, representing a maximum daily loss of 5.0%. Notably, the stock traded exclusively at this price throughout the session, indicating a complete absence of upward momentum or recovery attempts.

This decline starkly contrasts with the sector’s modest 0.35% loss and the Sensex’s slight gain of 0.19% on the same day, underscoring the stock’s relative weakness. Over the past six trading sessions, the stock has lost 26.36% in value, signalling sustained bearish sentiment among investors.

Heavy Selling Pressure and Liquidity Dynamics

The day’s trading volume was notably thin, with only 0.00609 lakh shares changing hands, translating to a turnover of ₹0.095 crore. This volume is significantly below the stock’s average liquidity levels, as delivery volumes on 30 Jan plummeted by 97.6% compared to the five-day average. Such a drastic drop in investor participation suggests that many shareholders are either unwilling or unable to absorb the selling pressure, exacerbating the stock’s downward spiral.

Despite the stock’s price remaining above its 100-day and 200-day moving averages, it is trading below its short-term averages (5-day, 20-day, and 50-day), indicating a weakening trend in the near term. The persistent gap-down openings and inability to regain ground highlight the challenges the stock faces in reversing its negative momentum.

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Investor Sentiment and Rating Overview

MarketsMOJO assigns Sri Adhikari Brothers Television Network Ltd a Mojo Score of 44.0, reflecting a Sell rating, which was downgraded from a previous Strong Sell on 4 Sep 2025. This downgrade aligns with the deteriorating price action and weakening fundamentals observed in recent months. The company’s market cap grade stands at 3, indicating a small-cap status with moderate liquidity constraints.

The persistent decline and circuit hit have likely intensified panic selling among retail and institutional investors alike. The lack of fresh buying interest and the stock’s failure to attract significant volumes suggest that market participants remain cautious, possibly awaiting clearer signs of operational or financial turnaround before re-entering.

Technical and Fundamental Implications

The stock’s inability to trade above its short-term moving averages despite remaining above longer-term averages points to a technical consolidation phase that has turned bearish. The six-day consecutive fall and 26.36% cumulative loss highlight a critical juncture where investor confidence is severely tested.

Fundamentally, the Media & Entertainment sector has faced headwinds from changing consumer behaviour and advertising spends, which may be impacting Sri Adhikari Brothers Television Network Ltd’s outlook. The company’s small-cap status further exposes it to volatility and liquidity risks, which are evident in the current trading pattern.

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Outlook and Investor Considerations

Given the current trajectory, investors should exercise caution with Sri Adhikari Brothers Television Network Ltd. The stock’s recent performance indicates heightened volatility and risk, compounded by low trading volumes and persistent selling pressure. While the company remains a notable player in the Media & Entertainment sector, the prevailing market sentiment and technical indicators suggest limited near-term upside.

Investors are advised to monitor the stock’s ability to break above its short-term moving averages and watch for any fundamental developments that could restore confidence. Until then, the stock’s Sell rating and deteriorating price action warrant a conservative approach, especially for those with lower risk tolerance.

In contrast, market participants seeking exposure to the sector may consider evaluating alternative stocks with stronger momentum and better liquidity profiles, as highlighted by comparative tools and peer analyses.

Summary

Sri Adhikari Brothers Television Network Ltd’s plunge to the lower circuit limit on 1 Feb 2026 underscores the intense selling pressure and investor apprehension surrounding the stock. The six-day losing streak, 26.36% cumulative decline, and sharp drop in delivery volumes paint a picture of panic selling and unfilled supply. While the stock remains above its long-term moving averages, the short-term technical weakness and Sell rating from MarketsMOJO signal caution. Investors should carefully weigh the risks and consider peer comparisons before making fresh commitments.

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