Multibagger penny stock: Sri Adhikari Brothers Television Network Limited is the founder of the television brand SAB TV and one of the largest content houses with a library of 5,500 hours. Shares of the television network firm have given investors multibagger returns in the last one-year period.
Shares have jumped from their level of ₹3.75 in the early 2024 period to their ₹390 levels in February 2025. This increase would mark an investor's ₹1 lakh investment into ₹1.04 crore in a year.
Sri Adhikari Brothers Television Network Limited's shares closed 4.99 per cent lower at ₹367.50 after Monday's market session, compared to ₹386.80 at the previous stock market close.
According to the data collected from the BSE website, shares hit their 52-week high at ₹2,197.70 on December 12, 2024, while the 52-week low was at ₹41.57 on April 2, 2024. Sri Adhikari Brothers Television Network's market capitalisation was ₹981.43 crore as of the February 1, 2025 market close.
This multibagger penny stock has remained under the bears' grip in one month, losing around 75%. In the last six months, the multibagger stock has delivered zero return by losing around 6 per cent.
However, despite remaining in the base building mode for the last six months, Sri Adhikari Brothers shares are one of the multibagger stocks that the Indian stock market has delivered in one year. In one year's time, this multibagger stock has risen to the tune of 800 per cent. This multibagger penny stock has surged 28,450 per cent in the last five years.
Sri Adhikari Brothers Television Network has been producing multilingual, multi-genre content for more than 30 years, with a strong presence in regional languages like Marathi, Gujarati, Tamil, Telugu, and Kannada, among others.
“Looking at the growth of digital media opportunities in today’s dynamic media landscape, the company plans to foray into creation of various digital media IP such as short and long format content, music albums, audio books, podcasts, internet broadcasting etc.,” according to the company's official website.
The company's net losses for the second quarter of the financial year ended 2024-25 reduced to ₹8.97 lakh, compared to ₹5.40 crore losses in the same quarter in the previous financial year.
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