Sri Adhikari Brothers Television Network (SABTNL) Hits All-Time High with 51.44% Increase in 21 Days

Sep 21 2024 09:20 AM IST
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Sri Adhikari Brothers Television Network (SABTNL) has reached an all-time high on September 21, 2024, with its stock price hitting Rs.771.95. The smallcap company in the TV broadcasting and software industry has been outperforming its sector by 1.57% and has seen a remarkable 51.44% increase in its value in the past 21 days. It is currently trading higher than its moving averages and has shown exceptional performance in the past year. Investors should closely monitor its stock performance.

Sri Adhikari Brothers Television Network (SABTNL) has reached an all-time high on September 21, 2024, with its stock price hitting Rs.771.95. This smallcap company in the TV broadcasting and software industry has been gaining momentum in the market, outperforming its sector by 1.57%. MarketsMOJO has given a 'Sell' call for the stock.

The stock has been on a consecutive upward trend for the past 21 days, with a remarkable 51.44% increase in its value during this period. Today, the stock opened with a gain of 2% and touched an intraday high of Rs.771.95. It has been trading at this price since then, with 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 bullish trend. In the past year, the company's performance has been exceptional, with a staggering 48757.59% increase, while the Sensex has only seen a 26.56% growth.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of the company. As a smallcap company in a competitive industry, Sri Adhikari Brothers Television Network's stock performance should be closely monitored by investors.
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