Music Broadcast Limited engages in the operating of FM radio stations under the Radio City brand name in India. It operates radiocity.in website, and 39 radio stations. The company was incorporated in 1999 and is based in Mumbai, India. Music Broadcast Limited is a subsidiary of Jagran Prakashan Limited.
Research context
Music Broadcast Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Communication Services
- Industry
- Broadcasting
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months 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.