Sri Adhikari Brothers Stock Sees 13-Day Surge with 29.28% Gain Amid High Volatility
Sri Adhikari Brothers Television Network Ltd is experiencing notable buying activity, with a 13-day consecutive gain and a 29.28% return. Despite recent strong performance, the stock has seen a significant decline over the past three months and year-to-date, indicating mixed trends in its overall performance.
Sri Adhikari Brothers Television Network Ltd is currently witnessing significant buying activity, marking a notable performance in the TV Broadcasting & Software sector. The stock has shown a consecutive gain over the last 13 days, accumulating a remarkable 29.28% return during this period. Today, it has increased by 1.99%, outperforming the Sensex, which rose by 1.14%.In the past week, the stock has surged by 10.38%, compared to the Sensex's 4.87% increase, and over the last month, it has gained 17.38% against the Sensex's 4.46%. However, the stock's performance over the past three months reflects a decline of 68.68%, contrasting sharply with the Sensex's minor drop of 0.88%. Year-to-date, Sri Adhikari Brothers has decreased by 63.87%, while the Sensex has remained relatively stable with a decline of 0.46%.
The stock opened at 562.5 today and has maintained this price, indicating a lack of range. It has experienced high volatility, with an intraday volatility of 1500.74%. The stock's moving averages are currently higher than the 5-day, 20-day, and 50-day averages, yet lower than the 100-day and 200-day averages, suggesting a mixed trend in its performance.
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