Sri Adhikari Brothers Television Network (SABTNL) Hits All-Time High, Outperforms Sector by 0.84%

Sri Adhikari Brothers Television Network (SABTNL) has reached an all-time high on November 6, 2024, with its stock price hitting Rs.1422. This smallcap company in the TV broadcasting and software industry has been gaining momentum in the market, outperforming its sector by 0.84%. The stock has been on a consecutive upward trend for the past 21 days, with a remarkable 51.17% increase in returns during this period.

Today, the stock opened with a gain of 2% and touched an intraday high of Rs.1422. It has been trading at this price since the opening, showing no significant range. Sri Adhikari Brothers Television Network is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance in the market.

In the past year, the company's performance has been exceptional, with a staggering 75538.30% increase in its stock price, while the Sensex has only seen a 23.15% growth. This showcases the company's strong potential and growth in the market.

MarketsMOJO has given a 'Sell' call for Sri Adhikari Brothers Television Network, but with its recent performance and all-time high stock price, the company's future looks promising. As a smallcap company in the TV broadcasting and software industry, Sri Adhikari Brothers Television Network has shown impressive growth and is definitely one to watch out for in the market.