Bengaluru, Jan. 2 -- During Friday's trading session, shares of a media company that operates in areas of content production and syndication of content hit a 5 percent upper circuit on the stock exchanges. What triggered this steep rise? Let's break it down in this article.

With a market cap of Rs. 4,421 crores, shares of Sri Adhikari Brothers Television Network Limited hit a 5 percent upper circuit at Rs. 1,742.35 on BSE, as against its previous closing price of Rs. 1,659.4.

The stock has delivered positive returns of 24 percent in one year, while delivering around 65 percent returns in six months. In the last 5 years, the stock has delivered multibagger returns of over 84,071 percent.

As per the disclosures of 1st January, Sri Adhika...