Investing in the stock market requires patience and research, and few stocks have rewarded investors as much as Sri Adhikari Brothers Television Network (SABTN). Once priced at just ₹1.50 in November 2020, the stock is now trading at ₹1,410 on NSE, turning a ₹1 lakh investment five years ago into nearly ₹9.40 crore.
Share Price Performance
- Thursday Trading: SABTN was up 1.19% at ₹1,410, opening at ₹1,392 and touching an intraday high of ₹1,423.
- One-Month Performance: Gained ~76.77%
- Six-Month Performance: Delivered multibagger returns of ~139%
- Five-Year Performance: Appreciated over 93,806%, multiplying investors’ wealth more than 940 times.
Despite this phenomenal growth, the stock has seen volatility: it is down ~6% year-to-date and 24% in the past year.
Share Price History Snapshot
- From ₹1.50 in November 2020 to ₹1,410 today, marking a five-year multibagger journey.
- A ₹1 lakh investment five years ago would have grown to ₹9.40 crore if held throughout.
Business Update: Name Change and Auditor Appointment
On November 24, the company announced a name change from Sri Adhikari Brothers Television Network Limited to ‘Aqylon Nexus Limited’, pending approval from shareholders via postal ballot and the CRC (MCA).
The board also appointed Bilimoria Mehta & Co. as the statutory auditor for FY 2025–26, following the resignation of the previous auditor, subject to shareholder approval.
Conclusion
Sri Adhikari Brothers Television Network is a prime example of how long-term investing in penny stocks, coupled with research and patience, can deliver exceptional returns, transforming modest investments into substantial wealth. The ongoing corporate updates indicate the company is taking steps for corporate restructuring and governance, potentially enhancing investor confidence further.