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Sri Adhikari Brothers Television Network Ltd is a prominent name in India’s media and entertainment landscape. Founded in 1994, this company has made its mark by creating engaging television channels and producing diverse content that caters to various audience tastes. From drama and comedy to reality shows, the network covers a broad spectrum of entertainment. With its latest share price sitting at ₹967.05 INR as of October 9, 2024, investors are keenly looking at the prospects for its stock trajectory. In this article, we will delve deeper into the market performance of Sri Adhikari Brothers, examine the share price targets from 2024 to 2030, and analyze the potential obstacles the company may face, all while keeping an eye on essential financial metrics and industry trends.
Sri Adhikari Brothers Television Network: Market Overview
- Open Price: ₹967.05
- High Price: ₹967.05
- Low Price: ₹967.05
- Previous Close: ₹959.45
- Volume: 5,497
- Value (Lacs): ₹53.79
- VWAP: 978.60
- UC Limit: ₹998.15
- LC Limit: ₹959.05
- P/E Ratio: N/A
- Div Yield: N/A
- 52-Week High: ₹967.05
- 52-Week Low: ₹41.25
- Market Cap: ₹2.45K Cr
- Face Value: ₹10
Sri Adhikari Brothers Share Price Chart
Sri Adhikari Brothers Share Price Target: 2024 to 2030
| Year | Share Price Target (INR) |
|---|---|
| 2024 | ₹1010 |
| 2025 | ₹1425 |
| 2026 | ₹2124 |
| 2027 | ₹2787 |
| 2028 | ₹3356 |
| 2029 | ₹3980 |
| 2030 | ₹4655 |
Sri Adhikari Brothers Share Price Target 2024
The expected share price target for Sri Adhikari Brothers in 2024 is ₹1010. However, several risks could influence this trajectory:
- Intense Competition: The Indian media landscape is fiercely competitive. Established networks and new players in the digital realm are vying for viewership. This competition could hinder Sri Adhikari Brothers’ ability to retain its audience and advertising revenues, thus impacting share prices.
- Regulatory Changes: Government regulations surrounding broadcasting and advertising can be unpredictable. Any tightening of these regulations may increase operational costs, which could subsequently affect profitability and the company’s stock performance.
- Shifts in Consumer Preferences: Growing preferences for digital consumption, especially among younger demographics, mean that traditional television networks must adapt or risk losing relevance. If Sri Adhikari Brothers fails to diversify its offerings and tap into digital platforms, it may see a decline in both viewership and revenue.
Sri Adhikari Brothers Share Price Target 2025
For 2025, the anticipated share price for Sri Adhikari Brothers is around ₹1425. However, several challenges could hinder achieving this target:
- Technological Disruption: The onset of new technologies and streaming services has drastically changed how viewers consume entertainment. If Sri Adhikari Brothers does not effectively adapt and innovate its services, it may fail to attract and retain its audience, damaging advertising revenues and share performance.
- Fluctuating Advertising Revenue: The company’s dependence on advertising revenue presents risks. Economic fluctuations could impact brands’ marketing spending, thereby affecting income streams and share prices.
- Content Quality and Relevance: Audience expectations continue to evolve. The company must consistently produce high-quality and relevant content to keep viewers engaged. Failing to do so may lead to reduced viewership and a detrimental impact on advertising revenue.
Sri Adhikari Brothers Share Price Target 2030
The projected target for 2030 stands at around ₹4655. However, several potential risks may impede reaching this ambitious target:
- Evolving Media Consumption Trends: By 2030, consumer habits are expected to favor more on-demand and interactive content. If Sri Adhikari Brothers does not innovate its programming approach, it risks losing its competitive edge and audience share.
- Increased Regulatory Scrutiny: As media dynamics change, regulatory bodies may impose stricter controls. New content regulations or advertising guidelines could lead to increased operational costs, which would negatively affect profitability and potentially share prices.
- Global Competition and Market Saturation: Expanding global competitors entering the Indian media market raises the stakes. Sri Adhikari Brothers needs to distinguish itself to maintain advertising revenue and audience share, or it may fall prey to the challenges posed by saturation.
Shareholding Pattern for Sri Adhikari Brothers Television Network Ltd
- Promoters: 59.52%
- Retail and Others: 40.26%
- Other Domestic Institutions: 0.23%
Sri Adhikari Brothers Television Network Ltd Financials
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 27.60M | — |
| Operating Expense | 205.84M | -3.06% |
| Net Income |