Music Broadcast
Music Broadcast Performance
Day Range
- Low 18.10
- High 19.30
52 Week Range
- Low 9.70
- High 27.75
- Open Price18.70
- Previous Close18.40
- Volume2962890
Start SIP in Music Broadcast
Start SIPMusic Broadcast Investment Rating
-
Master Rating:
-
Music Broadcast has an operating revenue of Rs. 211.55 Cr. on a trailing 12-month basis. An annual revenue growth of 18% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 0% is poor and needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 23% and 44% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 7% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 80 which is a GOOD score indicating consistency in earnings, a RS Rating of 68 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 48 indicates it belongs to a fair industry group of Media-Radio/Tv and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 52 | 53 | 51 | 55 | 49 | 44 | 46 |
Operating Expenses Qtr Cr | 46 | 46 | 46 | 45 | 45 | 40 | 44 |
Operating Profit Qtr Cr | 6 | 7 | 5 | 9 | 4 | 4 | 2 |
Depreciation Qtr Cr | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
Interest Qtr Cr | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
Tax Qtr Cr | 1 | 1 | 1 | 2 | 0 | 0 | -1 |
Net Profit Qtr Cr | 0 | 1 | -1 | 4 | 0 | 0 | -2 |
Music Broadcast Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹15.67
- 50 Day
- ₹14.95
- 100 Day
- ₹14.37
- 200 Day
- ₹14.84
- 20 Day
- ₹15.40
- 50 Day
- ₹14.92
- 100 Day
- ₹14.08
- 200 Day
- ₹12.75
Music Broadcast Resistance and Support
Resistance | |
---|---|
First Resistance | 19.33 |
Second Resistance | 20.27 |
Third Resistance | 21.28 |
RSI | 73.21 |
MFI | 94.11 |
MACD Single Line | 0.37 |
MACD | 0.66 |
Support | |
---|---|
First Resistance | 17.38 |
Second Resistance | 16.37 |
Third Resistance | 15.43 |
Music Broadcast Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 22,509,713 | 889,133,664 | 39.5 |
Week | 9,720,287 | 417,291,938 | 42.93 |
1 Month | 3,148,078 | 149,092,965 | 47.36 |
6 Month | 1,285,079 | 73,416,576 | 57.13 |
Music Broadcast Result Highlights
Music Broadcast Synopsis
NSE-Media-Radio/Tv
Music Broadcast is involved in the business activities of Radio broadcasting. Company’s Total Operating Revenue is Rs. 198.86 Cr. and Equity Capital is Rs. 69.14 Cr. for the Year ended 31/03/2023. Music Broadcast Ltd. is a Public Limited Listed company incorporated on 04/11/1999 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L64200MH1999PLC137729 and registration number is 137729.Market Cap | 636 |
Sales | 212 |
Shares in Float | 8.99 |
No of funds | 5 |
Yield |
Book Value | 1.21 |
U/D Vol ratio | 1.4 |
LTDebt / Equity | |
Alpha | -0.07 |
Beta | 1.23 |
Music Broadcast
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 74.05% | 74.05% | 74.05% | 74.05% |
Mutual Funds | 1.4% | 4.9% | 5.06% | 5.47% |
Foreign Portfolio Investors | 0.09% | |||
Individual Investors | 16% | 12.8% | 12.32% | 10.53% |
Others | 8.55% | 8.25% | 8.57% | 9.86% |
Music Broadcast Management
Name | Designation |
---|---|
Mr. Vijay Tandon | Chairman |
Mr. Rahul Gupta | Non Executive Director |
Mr. Shailesh Gupta | Non Executive Director |
Mr. Anuj Puri | Independent Director |
Mr. Madhukar Kamath | Independent Director |
Ms. Anita Nayyar | Independent Director |
Mr. Ravi Sardana | Independent Director |
Music Broadcast Forecast
Price Estimates
Music Broadcast FAQs
What is Share Price of Music Broadcast ?
Music Broadcast share price is ₹18 As on 11 December, 2023 | 11:13
What is the Market Cap of Music Broadcast ?
The Market Cap of Music Broadcast is ₹641.2 Cr As on 11 December, 2023 | 11:13
What is the P/E ratio of Music Broadcast ?
The P/E ratio of Music Broadcast is 138.5 As on 11 December, 2023 | 11:13
What is the PB ratio of Music Broadcast ?
The PB ratio of Music Broadcast is 1.2 As on 11 December, 2023 | 11:13