Sri Adhikari Brothers Television Network Ltd Hits New 52-Week High at Rs.1778.35

Stock Performance and Price Movement

The stock touched an intraday high of Rs.1778.35, representing a 2.11% increase from its previous close. Despite this peak, the share price experienced some volatility during the trading session, dipping to an intraday low of Rs.1692, down by 2.85%. The day ended with a slight decline of 0.95%, underperforming its sector by 2.44%. This marks the end of a four-day consecutive gain streak, signalling a brief pause in the upward momentum.

Technical Indicators and Moving Averages

From a technical perspective, Sri Adhikari Brothers Television Network Ltd is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment suggests a strong upward trend over multiple time horizons, reinforcing the stock’s recent rally and its sustained positive momentum.

Market Context and Sector Comparison

The broader market environment saw the Sensex open lower at 85,640.05, down by 121.96 points or 0.14%, and it continued to trade slightly lower at 85,710.08, a 0.06% decline. The Sensex remains close to its own 52-week high of 86,159.02, currently just 0.52% away. The index is supported by a bullish technical setup, trading above its 50-day moving average, which itself is positioned above the 200-day moving average. Small-cap stocks led the market gains, with the BSE Small Cap index rising by 0.14% today.

One-Year Performance and Market Capitalisation

Over the past year, Sri Adhikari Brothers Television Network Ltd has delivered a robust return of 29.24%, significantly outperforming the Sensex’s 8.17% gain during the same period. The stock’s 52-week low was Rs.349.15, highlighting the substantial appreciation in value over the last twelve months. Despite this strong performance, the company holds a Mojo Score of 37.0 with a Mojo Grade of Sell, which was upgraded from Strong Sell on 4 September 2025. The market capitalisation grade stands at 3, reflecting its standing within the small-cap segment of the Media & Entertainment sector.

Intraday Volatility and Trading Range

Today’s trading session exhibited notable volatility, with the stock price fluctuating between Rs.1692 and Rs.1778.35. This range underscores active trading interest and reflects the dynamic market conditions impacting the stock. The intraday high coincided with the new 52-week peak, while the low indicated some profit-taking or short-term pressure during the day.

Sectoral and Industry Positioning

Operating within the Media & Entertainment industry, Sri Adhikari Brothers Television Network Ltd’s recent price action aligns with broader sector trends, although it slightly underperformed the sector on the day. The sector itself is navigating a mixed market environment, with some stocks showing resilience amid broader market fluctuations. The company’s ability to sustain trading above key moving averages suggests underlying strength relative to peers.

Summary of Key Metrics

To summarise, Sri Adhikari Brothers Television Network Ltd’s new 52-week high of Rs.1778.35 represents a significant achievement, reflecting a strong upward trajectory over the past year. The stock’s performance has been supported by sustained trading above all major moving averages and a year-on-year return that outpaces the benchmark Sensex by over 21 percentage points. While the day’s trading saw some pullback, the overall trend remains positive within a market environment that is cautiously optimistic, with small caps leading gains and the Sensex maintaining a position near its own yearly peak.

Mojo Score and Grade Update

The company’s Mojo Score of 37.0 and current Mojo Grade of Sell, upgraded from Strong Sell in early September 2025, provide a nuanced view of its market standing. These metrics reflect a reassessment of the stock’s risk and quality factors, indicating some improvement in outlook despite the Sell rating. Investors and analysts may consider these scores alongside the stock’s price performance and technical indicators to form a comprehensive view of its current market position.

Conclusion

Sri Adhikari Brothers Television Network Ltd’s attainment of a new 52-week high is a noteworthy milestone that highlights the stock’s resilience and positive momentum within the Media & Entertainment sector. The combination of strong price appreciation, technical strength, and relative outperformance over the past year underscores the stock’s significant market presence. While the day’s session ended with a modest decline, the overall trend remains constructive, supported by favourable moving average alignments and a broader market environment that continues to favour small-cap stocks.

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