Sri Adhikari Brothers Television Network Ltd Hits Upper Circuit Amid Strong Buying Momentum

Strong Intraday Performance and Market Context

On 5 Feb 2026, SABTN opened with a gap-up of 3.73%, setting a positive tone for the trading session. The stock touched an intraday high of ₹1,890.8, which corresponds exactly to the 5% upper circuit limit imposed by the exchange. This price band restriction capped the stock’s upward movement, reflecting intense demand that could not be fully satisfied within the day’s trading range.

The stock’s total traded volume stood at 0.06362 lakh shares, with a turnover of ₹1.18 crore. Notably, the weighted average price was closer to the day’s low of ₹1,800, indicating that while there was strong buying pressure, a significant portion of trades occurred near the lower end of the price band. This suggests cautious accumulation by investors anticipating further upside.

In comparison, the Media & Entertainment sector declined by 0.14% on the same day, while the Sensex fell by 0.59%, underscoring SABTN’s relative strength and resilience amid broader market weakness. The stock’s outperformance by 5.11% over its sector peers highlights its appeal to investors seeking selective opportunities within the small-cap segment.

Consecutive Gains and Technical Strength

SABTN has been on a sustained upward trajectory, gaining for four consecutive trading days and delivering a cumulative return of 20.59% during this period. This streak reflects growing investor confidence, possibly driven by positive sentiment around the company’s fundamentals or sectoral tailwinds.

Technically, the stock is trading above all key moving averages – 5-day, 20-day, 50-day, 100-day, and 200-day – signalling a strong bullish trend. Such positioning often attracts momentum traders and institutional investors, further reinforcing the stock’s upward momentum.

Investor participation has also risen markedly. Delivery volume on 4 Feb 2026 was 4,150 shares, representing a 101.45% increase over the five-day average delivery volume. This surge in delivery-based transactions indicates genuine buying interest rather than speculative intraday trading.

Liquidity and Market Capitalisation Considerations

With a market capitalisation of approximately ₹4,605 crore, SABTN is classified as a small-cap stock within the Media & Entertainment sector. Despite its relatively modest size, the stock exhibits sufficient liquidity for trading, with the current turnover supporting trade sizes up to ₹0.08 crore based on 2% of the five-day average traded value.

This liquidity profile is important for investors considering entry or exit, as it suggests that moderate-sized trades can be executed without significant price impact. However, the limited volume on the day of the upper circuit hit also implies that a large portion of demand remains unfilled, which could fuel further price appreciation once the regulatory freeze is lifted.

Regulatory Freeze and Unfilled Demand

The imposition of the upper circuit price band at 5% is a regulatory mechanism designed to curb excessive volatility and speculative trading. When a stock hits this limit, trading in that security is temporarily frozen at the upper price, preventing further upward movement during the session.

For SABTN, this freeze indicates that buying interest exceeded the available supply at ₹1,890.8, leaving a backlog of unfilled demand. Such scenarios often precede continued price strength in subsequent sessions, provided the underlying fundamentals and market sentiment remain supportive.

Investors should monitor the stock’s behaviour in the coming days to assess whether the momentum sustains or if profit-taking emerges after the circuit restrictions are lifted.

Fundamental and Rating Overview

According to the latest MarketsMOJO assessment dated 4 Sep 2025, SABTN holds a Mojo Score of 44.0 with a Mojo Grade of Sell, upgraded from a previous Strong Sell rating. This indicates a cautious stance on the stock’s medium-term prospects despite the recent price rally.

The company’s market cap grade is 3, reflecting its small-cap status and associated risk profile. Investors should weigh these fundamental considerations alongside the technical strength and momentum signals before making investment decisions.

Investor Takeaway and Outlook

The upper circuit hit by Sri Adhikari Brothers Television Network Ltd on 5 Feb 2026 underscores a strong short-term buying interest and technical momentum. The stock’s outperformance relative to its sector and the broader market, coupled with rising delivery volumes, suggests genuine investor conviction.

However, the current Mojo Grade of Sell and small-cap classification warrant a measured approach. Investors should consider the stock’s fundamental backdrop, liquidity constraints, and the potential for volatility once the price freeze is lifted.

For those seeking exposure to the Media & Entertainment sector, SABTN presents an intriguing case of momentum-driven gains tempered by cautious fundamental ratings. Monitoring upcoming quarterly results, sector developments, and market sentiment will be crucial in assessing the sustainability of the recent rally.

Summary of Key Metrics on 5 Feb 2026

• Closing Price: ₹1,890.8 (Upper Circuit Limit)
• Daily Gain: 5.00%
• Intraday High-Low Range: ₹1,890.8 - ₹1,800.0
• Total Traded Volume: 6,362 shares
• Turnover: ₹1.18 crore
• Consecutive Gains: 4 days, +20.59% cumulative return
• Mojo Score: 44.0 (Sell)
• Market Cap: ₹4,605 crore (Small Cap)

Investors should remain vigilant for further developments and consider integrating technical and fundamental analyses to navigate the stock’s evolving trajectory.

Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →