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Music Broadcast Limited
Share Price Target & Analysis

NSE:RADIOCITY

17.12

VWAP

17.05

Open

17.05

Close

17.30

High

16.95

Low

25.35

52 Week High

17.15 ⇧
0.10 (0.59%)

RADIOCITY

(MEDIA ENTERTAINMENT & PUBLICATION)
47.6% Momentum

Turnaround Potential

9.70

52 Week Low

0.09

EPS

33.64

PE

1.13

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: RADIOCITY Share Price Financial Analysis & Valuation

Music Broadcast Limited (RADIOCITY) is broadly categorized in MEDIA ENTERTAINMENT & PUBLICATION segment industry which deals in Media & Entertainment vertical. It is one of Micro Cap company with Market Capitalization of Rs 871.1 (in Cr). Total number of free float shares are 5.6 (in Lacs). Music Broadcast Limited is listed on NSE with Exchange ID - INE919I01024 and trading code is NSE:RADIOCITY with short name Music Broadcast.

In the past 1 year, Music Broadcast Limited has declared an equity dividend of Rs 0 per share. At the current share price of RADIOCITY at Rs 17.15, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:RADIOCITY, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine RADIOCITY underlying value and future prospects. All of this data is available in RADIOCITY financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:RADIOCITY, it is clearly understood that RADIOCITY is Economical performer in terms of earnings and profit margins with an EPS of 0.09. NSE:RADIOCITY book value per share as of today is 15.18. The current price to book ratio for RADIOCITY as of May 15, 2024 is 1.13.

Valuation of the Stock: The current valuation of RADIOCITY stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of RADIOCITY whether to BUY this stock at current valuation. The delivery percentage of RADIOCITY is 100.00% is very crucial parameter which shows that 100.00% investors are anticipating that the price of RADIOCITY share should go up with VWAP at 17.12.

Now, the main question is whether to BUY or SELL, NSE:RADIOCITY at current valuation.
As per latest Analysis No. #1942:-

⇑ STRONG BUY RADIOCITY if All Greens

⇗ BUY RADIOCITY (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD RADIOCITY (With Stop Loss) if only 1 Green

⇘ SELL RADIOCITY if NO Green Indicator

NSE: RADIOCITY Share Price Today (May 15, 2024)

(Music Broadcast Limited Daily Analysis on the basis of RADIOCITY Intraday Graph & Trend)

Music Broadcast Limited share price moved Up by 0.59% from its previous close of Rs 17.05. RADIOCITY stock last traded price is 17.15. RADIOCITY share price trend is Up with a total of 394897 stocks traded till now. It has touched an intraday high of Rs 17.30 and an intraday low of Rs 16.95. The RADIOCITY trading at 17.15, Up by Rs. 0.10, or 0.59 percent which suggests that most of the Traders are anticipating that the price of RADIOCITY share should go Up.

NSE: RADIOCITY Share Price Tomorrow Prediction

(Music Broadcast Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of RADIOCITY)

Music Broadcast Limited share price moved Up by 0.59%. RADIOCITY share price short term trend is Up. It suggests that RADIOCITY Share Price for Tomorrow remains the same with VWAP at 17.12 will be treated as stop loss for intraday traders. Music Broadcast Limited Long term investors can follow the RADIOCITY long term trend as mentiond in future forecast table.

NSE Code

NSE: RADIOCITY

RADIOCITY Share Price Today

 17.15

RADIOCITY Share Price Target Prediction for 2024 ^

 10.2 - 18.6

RADIOCITY Share Price Target Prediction for 2025*^

 18.6 - 19.3

RADIOCITY Share Price Target Prediction for 2026*^

 19.3 - 20.3

RADIOCITY Share Price Target Prediction for 2027*^

 21

RADIOCITY Share Price Target Prediction for 2028*^

 22

RADIOCITY Share Price Target Prediction for 2030*^

 23
RADIOCITY Current Book Value 2023
15.1

*Music Broadcast Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^RADIOCITY share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

RADIOCITY Technical Analysis

Candlestick Pattern: @18.6

RADIOCITY Moving Averages

BUY (12) NEUTRAL (0) SELL (2)
MA Simple Action S1 Expo Action E2
MA_5 17.96 BUY 18.05 BUY
MA_12 17.37 BUY 17.66 BUY
MA_20 17.53 BUY 17.67 BUY
MA_32 17.45 BUY 17.99 BUY
MA_50 18.95 SELL 18.27 BUY
MA_100 19.23 SELL 18.25 BUY
MA_200 16.35 BUY 17.52 BUY

RADIOCITY Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 17.53 Uptrend
MACD 0.26 BUY
ADX 24.42 NO or Weak Trend
DMI (+/-) 25.29 / 17.83 Uptrend

RADIOCITY Momentum Oscillators

BUY (7) NEUTRAL (5) SELL (0)
Momentum Oscillators Value Action
RSI 57.47 Neutral
STOCHASTIC_K (Fast) 63.29 Neutral
STOCHASTIC_D (Slow) 62.25 Neutral
CCI 114.52 BUY
PSAR 16.13 BUY
TRUE RANGE 0.7 BUY
ATR 0.96 BUY
WILLIAMS R -23.53 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 95.73 Overbought
MOMENTUM 2.2 BUY

RADIOCITY Last 1 Year Trend

Duration Value
1 Year 74.65%
3 Months -8.82%
1 Month 13.41%
1 Week 9.09%

RADIOCITY Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 73%
NEUTRAL / HOLD 20%
SELL 7%

Most popular Questions & Answers about RADIOCITY


Music Broadcast Limited stock last traded price is 17.15. RADIOCITY share price moved Up by 0.59% from its previous close of Rs 17.05.

Music Broadcast Limited share price trend is Up with a total of 394897 stocks traded till now. It has touched an intraday high of Rs 25.6035 and an intraday low of Rs 16.95. The RADIOCITY trading at 17.15, Up by Rs. 0.10, or 0.59 percent which suggests that most of the Traders are anticipating that the price of RADIOCITY share should go Up and the Stop Loss will be around 17.12.

The market cap of Music Broadcast Limited is ₹871.1 (in Cr) as of May 14, 2024.

The current price to earning ratio for Music Broadcast Limited as of May 14, 2024 is 33.64.

The current price to book ratio for Music Broadcast Limited as of May 14, 2024 is 1.13.

The highest price of Music Broadcast Limited stock is ₹25.35 in the last 52-week.

The lowest price of Music Broadcast Limited stock is ₹9.70 in the last 52-week.

Music Broadcast Limited share trading at ₹17.15, Up by Rs. 0.10, or 0.59 percent which suggests that most of the traders are anticipating that the price of RADIOCITY share should go Up.

In 2023, Stock price target for Music Broadcast Limited (RADIOCITY) are ₹10.2 on downside and ₹18.6 on upside. Music Broadcast Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Music Broadcast Limited (RADIOCITY) are ₹18.6 on downside and ₹19.3 on upside. Music Broadcast Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Music Broadcast Limited (RADIOCITY) are ₹19.3 on downside and ₹20.3 on upside. Music Broadcast Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Music Broadcast Limited (RADIOCITY) will be around ₹22 Music Broadcast Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of RADIOCITY.

As per the fundamental analysis of Music Broadcast Limited (RADIOCITY), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.09. Music Broadcast Limited book value per share as of today is 15.18. The current price to book ratio for RADIOCITY as of May 15, 2024 is 1.13.


NSE:RADIOCITY News & Other Useful Information about RADIOCITY Share Price


Peer Comparison of NSE: RADIOCITY

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Media & Entertainment

Company Price EPS BV
ZEEL 131.70 0 101.1
SUNTV 668.70 46.75 231.88
TV18BRDCST 42.45 0.09 18.25
PVR 1297.45 0 749.03
SAREGAMA 428.50 9.64 68.94
NETWORK18 80.25 0 6.84
INOXLEISUR 508.85 -26.2 56.47
HATHWAY 21.10 0.49 26.13
TIPSINDLTD 441.15 9.9 79.64
DISHTV 16.35 0 -6.47
Updated at: 14 May 2024 15:53

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