Music Broadcast Ltd

NSE
RADIOCITY •
BUY

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
37.75% Fall from 52W High
-5.8
TTM PE Ratio
Below industry Median
79.7
Price to Book Ratio
Below industry Median
1
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.8
RSI
RSI is mid-range
43.2
MFI
MFI is mid-range
44.9

Music Broadcast Ltd shareholding Pattern

Promoter
74%
Public
25.9%
Promoter
74%
Foreign Institutions
0.3%
Public
25.7%
Promoter
74%
Public
25.9%
Promoter
74%
Mutual Funds
1.4%
Domestic Institutions
1.4%
Public
24.5%
Promoter
74%
Mutual Funds
4.9%
Domestic Institutions
4.9%
Public
21%
Promoter
74%
Mutual Funds
5.1%
Domestic Institutions
5.1%
Public
20.9%
Mutual Funds
5.5%
Mutual Funds
5.5%
Mutual Funds
5.5%

Music Broadcast Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
0
Bearish Moving Averages
16
5Day EMA
15.90
10Day EMA
16.00
12Day EMA
16.00
20Day EMA
16.20
26Day EMA
16.20
50Day EMA
16.60
100Day EMA
17.10
200Day EMA
17.00
5Day SMA
15.80
10Day SMA
16.00
20Day SMA
16.20
30Day SMA
16.20
50Day SMA
16.50
100Day SMA
17.60
150Day SMA
18.20
200Day SMA
17.40
Delivery & Volume
Resistance & Support
15.88
Pivot
Resistance
First Resistance
16.05
Second Resistance
16.31
Third Resistance
16.48
Support
First Support
15.62
Second support
15.45
Third Support
15.19
Relative Strength Index
43.24
Money Flow Index
44.86
MACD
-0.20
MACD Signal
-0.17
Average True Range
0.64
Average Directional Index
26.10
Rate of Change (21)
-6.57
Rate of Change (125)
-23.02
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Balaji Telefilms Ltd.
705.02
42.55
143.7
Entertainment Network (India) Ltd.
1188.13
132.5
358.8
NDL Ventures Ltd.
326.41
81.35
164
Raj Television Network Ltd.
472.67
42.65
140.3
Zee Media Corporation Ltd.
936.27
9.25
18.3
UFO Moviez India Ltd.
516.23
79.1
173.85

Music Broadcast Ltd Company background

Founded in: 1999
Music Broadcast Limited was incorporated as Music Broadcast Private Limited on November 4, 1999, at Kolkata as a Private Limited Company. The Company converted into a Public Limited Company and the name of Company was changed to Music Broadcast Limited and pursuant to this, a Fresh Certificate of Incorporation was issued by the Registrar of Companies, Mumbai on June 25, 2015.The Company is engaged in the business of operating Private FM radio stations through the brand Radio City. The Company under the brand name of Radio City is the first private FM radio broadcaster in India. Radio City has spearheaded the evolution of FM radio by offering content that is unique, pathbreaking and invokes city passion amongst listeners with its brand philosophy of Rag Rag Mein Daude City.The Company started its operations in India in July, 2001 in Bangalore and operates radio stations in 39 cities across India. During the financial year ended 31 March 2008, Radio City became the largest Radio network to reach 67 million Indians, according to AZ research March 2018 study.Radio City is the first private FM radio broadcaster in India and also operates the radio stations under the brand Radio City. The company has grown the presence from four cities in 2001 to 39 currently. These radio stations including the eight Radio Mantra Solutions transferred from SPML pursuant to scheme of arrangements and nine out of eleven New Radio City stations. In the year January 17, 2005, the company allotted 30,000 equity shares aggregating to 75% of the then paidup equity share capital of the company to India Value Fund Trustee company Private Limited (the IVF trustee company) and also in the year October 14, 2005, the IVF Trustee company transferred 20,400 equity shares, aggregating to 51% of the then paidup equity share capital of the company to IVF Holdings Private Limited (IVF Holdings).IVF Holdings held 99.99% of the paid up equity share capital of crystal. Further, pursuant to a share purchase agreement dated December 9, 2014 executed between IVF Trustee company, IVF Holdings and the company, IVF Trustee company transferred its entire shareholding in the company aggregating to 20.63% of then paidup equity share capital of the company to IVF Holdings. Further pursuant a share purchase agreement dated December 16, 2014, executed between JPL, Growth Capital Trustee Company Private Limited and IVF Holdings, JPL acquired IVF Holdings fom Growth Capital Trustee Company Private Limited, which was holding company of Crystal.Subsequently, the name of IVF Holdings was changed to Spectrum . Spectrum and Crystal held 71.34% and 21.48% respectively of the paid up equity share capital of the company. Subsequently, Spectrum Broadcast Holdings Private Limited and Crystal Sound and Music Private Limited were merged with Jagran Prakashan Limited pursuant to the Scheme of Arrangement with effect from January 1, 2016. The FM Radio Business of Shri Puran Multimedia Limited (SPML) , namely the eight Radio Mantra Stations was demerged into the Company through the Scheme of Arrangement which became effective from November 18, 2016.As consideration for the radio business undertaking of Demerged Company transferred to the Company, the shareholders of Demerged Company were allotted 10 fully paid up equity shares of face value of 10/ each of the Company for every 112 equity shares of Demerged Company held by them.In March 2017, the Company came up with a Public Issue of 14,670,530 Equity Shares by raising money from public aggregating to Rs 488.52 Crore, consisting a Fresh Issue of 12,012,012 Equity Shares aggregating Rs 400 Crore and an Offer for Sale of 2,658,518 Equity Shares aggregating to Rs 88.52 Crore.Radio City introduced the Next Generation of FM Entertainment VideoCity, Indias First Video FM. RadioCity.in launched 9 new web radio stations in FY 201718.The Company acquired the Radio Business of Kolkata based Ananda Offset Private Limited (AOPL) by way of Slump Sale as a going concern in April, 2018. It launched Radio City Punjabi, Radio City Indie, Radio City Ghazal and Radio City Marathi, etc. in 2019. About 14 online radio stations were added including Radio City Gold, Radio City Bollywood Mix, Radio City Tamil, Mohammed Rafi and others from regional content to retro classics. In 2022, the Company launched their first international property, Radio City Business Titans. Radio City launched a firstofitskind platform Cineverve for pan India promotion of movies combining the power of radio and digital. Radio City Freedom launched several new video formats and IPs to promote independent music and artists, to throve independent music scene in India.
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Music Broadcast Ltd FAQs

Music Broadcast Ltd shares are currently priced at 15.78 on NSE and 15.75 on BSE as of 7/11/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Music Broadcast Ltd [RADIOCITY] share was 19.54. The Music Broadcast Ltd [RADIOCITY] share hit a 1-year low of Rs. 11.45 and a 1-year high of Rs. 25.35.

The market cap of Music Broadcast Ltd is Rs. 545.49 Cr. as of 7/11/2024 12:00:00 AM.

The PE ratios of Music Broadcast Ltd is 78.75 as of 7/11/2024 12:00:00 AM.

The PB ratios of Music Broadcast Ltd is 1.02 as of 7/11/2024 12:00:00 AM

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