Sri Adhikari Brothers Television Network (SABTNL) Hits All-Time High, Outperforms Sector by 0.89%

Sri Adhikari Brothers Television Network (SABTNL) has reached an all-time high on October 30, 2024, with its stock price hitting Rs.1313.8. This smallcap company in the TV broadcasting and software industry has been gaining momentum in the market, outperforming its sector by 0.89%. According to MarketsMOJO, the stock call for SABTNL is 'Sell'.

The stock has been on a winning streak for the past 21 days, with a consecutive gain of 51.16% during this period. Today, the stock opened with a gain of 2% and touched an intraday high of Rs.1313.8. It has been trading at this price since the opening, showing no range in its movement.

Sri Adhikari Brothers Television Network is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance.

In comparison to the Sensex, SABTNL has shown a remarkable 1-year performance of 72888.89%, while the Sensex has only grown by 24.91%. This showcases the strong growth potential of the company in the TV broadcasting and software industry.

Investors should take note of the current market trend and the stock's performance before making any investment decisions. With its recent all-time high, Sri Adhikari Brothers Television Network is definitely a company to watch out for in the smallcap segment.