Investing in the stock market demands patience and careful research to achieve significant returns. One notable example is Sri Adhikari Brothers Television Network, a penny stock that has delivered extraordinary gains over the years. In November 2020, the stock was priced at just ₹1.50 per share, and as of now, it trades at ₹1,410 on the NSE. A ₹1 lakh investment five years ago would have grown to nearly ₹9.40 crore.
On Thursday, the stock was trading 1.19% higher at ₹1,410, opening at ₹1,392 and touching an intraday high of ₹1,423. Despite volatility over the past year, the stock has gained nearly 77% in the last month and 139% in six months. Over five years, the stock has surged over 93,800%, dramatically multiplying investors’ wealth. However, it has seen a 6% decline year-to-date and a 24% drop in the past year.
In corporate updates, the company announced its board has approved renaming itself from “Sri Adhikari Brothers Television Network Limited” to “Aqylon Nexus Limited,” pending shareholder approval. Additionally, Bilimoria Mehta & Co. has been appointed statutory auditor for FY26, subject to a Postal Ballot.
