Sri Adhikari Brothers Television Network (SABTNL) Soars to All-Time High, Outperforming Sector and Sensex

Nov 19 2024 10:35 AM IST
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Sri Adhikari Brothers Television Network (SABTNL) has been in the spotlight in the stock market as its share price reached an all-time high on November 19, 2024. The stock has gained 51.17% in the past 21 days and is currently trading above its moving averages, indicating a bullish trend. It has also outperformed the Sensex by a significant margin in the past year.

Sri Adhikari Brothers Television Network (SABTNL) has been making headlines in the stock market recently as its share price reached an all-time high on November 19, 2024. The stock has been on a winning streak for the past 21 days, gaining a remarkable 51.17% in returns during this period. This has caught the attention of investors and analysts alike, with MarketsMOJO giving a 'Sell' call for the stock.

On November 19, the stock opened with a gain of 2% and touched an intraday high of Rs. 1665.85, which is also its new 52-week high. However, it underperformed the TV Broadcasting & Software sector by -0.33% on the same day. The stock has been consistently trading at this price since its opening, with no significant range.

Sri Adhikari Brothers Television Network is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. The TV Broadcasting & Software sector has also seen a gain of 2.47%, further highlighting the positive sentiment in the industry.

In terms of performance, Sri Adhikari Brothers Television Network has outperformed the Sensex by a staggering 84460.91% in the past year, while the Sensex has only seen a growth of 18.88%. This showcases the strong performance of the company in the stock market.

Overall, Sri Adhikari Brothers Television Network has been making waves in the stock market with its impressive performance and consistent growth. However, investors should always do their own research and consult with a financial advisor before making any investment decisions.
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