RADIOCITY.NSE · Music Broadcast Limited

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Admin

4 years ago

Music Broadcast Limited is currently in a long term uptrend where the price is trading 12.2% above its 200 day moving average.

From a valuation standpoint, the stock is 55.9% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 6.4.

Music Broadcast Limited's total revenue sank by 41.6% to $407M since the same quarter in the previous year.

Its net income has dropped by 99.3% to $732K since the same quarter in the previous year.

Finally, its free cash flow fell by 31.6% to $190M since the same quarter in the previous year.

Based on the above factors, Music Broadcast Limited gets an overall score of 2/5.

Exchange	NSE
CurrencyCode	INR
ISIN	INE919I01024
Sector	Communication Services
Industry	Broadcasting

Beta	-0.01
Market Cap	4B
PE Ratio	51.05
Target Price	458.89
Dividend Yield	None

ABOUT

Music Broadcast Limited

Music Broadcast Limited engages in the operating of FM radio stations under the Radio City brand name in India. The company operates radiocity.in website. It serves individual listeners, multiple advertisement agencies, media partners, other broadcasting agencies, government and non- government organizations, retail chains, etc. Music Broadcast Limited was incorporated in 1999 and is based in Mumbai, India. Music Broadcast Limited is a subsidiary of Jagran Prakashan Limited.

RADIOCITY.NSE · Music Broadcast Limited

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Music Broadcast Limited

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Backtest Music Broadcast Limited using a moving average strategy