RADIOCITY

Music Broadcast Share PriceMusic Broadcast

₹18.55
0.15 (0.82%)
As on 11 December, 2023 | 11:27 BSE: 540366 NSE: RADIOCITYISIN: INE919I01024

Music Broadcast Performance

Day Range

  • Low 18.10
  • High 19.30
₹ 18.55

52 Week Range

  • Low 9.70
  • High 27.75
₹ 18.55
  • Open Price18.70
  • Previous Close18.40
  • Volume2962890

Start SIP in Music Broadcast

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Music Broadcast Share Price

  • Over 1 Month 28.07%
  • Over 3 Month 28.52%
  • Over 6 Month 65.91%
  • Over 1 Year -21.34%

Music Broadcast Key Statistics

P/E Ratio 138.5
PEG Ratio -4
Market Cap Cr 641
Price to Book Ratio 1.2
EPS 0.1
Dividend 0
Relative Strength Index 73.21
Money Flow Index 94.11
MACD Signal 0.37
Average True Range 1

Music 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

Music Broadcast Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 52535155494446
Operating Expenses Qtr Cr 46464645454044
Operating Profit Qtr Cr 6759442
Depreciation Qtr Cr 8888888
Interest Qtr Cr 2221111
Tax Qtr Cr 111200-1
Net Profit Qtr Cr 01-1400-2
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 219185
Operating Expenses Annual Cr 176157
Operating Profit Annual in Cr 2311
Depreciation Cr 3333
Interest Annual Cr 43
Tax Annual Cr 3-2
Net Profit Annual Cr 3-6
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 3023
Cash from Investing Activity Annual Cr -24-18
Cash from Financing Annual Activity Cr -8-7
Net Cash Flow Annual Cr -1-2
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 608604
Fixed Assets Annual Cr 233255
Total Non Current Assets Annual Cr 508502
Total Current Assets Annual Cr 148153
Total Assets Annual Cr 656654
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 1517
ROE Annual % 1-1
ROCE Annual % 2-1
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2217
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Music Broadcast Technicals

EMA & SMA

Current Price
₹18.55
0.15 (0.82%)
pointer
  • 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

PIVOT
₹18.32
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 NameSep-23Jun-23Mar-23Dec-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

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Music Broadcast Corporate Action

Date Purpose Remarks
2023-10-26 Quarterly Results
2023-07-27 Quarterly Results
2023-05-23 Audited Results
2023-01-24 Quarterly Results
2022-10-31 Quarterly Results
Date Purpose Remarks
2019-02-21 Split Rs.0.00 split from Rs. 10/- to Rs. 2/-.

Music Broadcast MF Shareholding

Name Amount(cr)
Franklin India Smaller Companies Fund Growth 10,777

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

Q2FY23