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Music Broadcast Share Price Target 2024, 2025, 2026 to 2039 With Charts

Music Broadcast Limited

Company LogoSymbol: RADIOCITY
Price: ₹12.05
Exchange: NSE
Communication Services -> Broadcasting
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Music Broadcast Brief Company Overview

Music Broadcast Limited: A Leading Indian Radio Broadcaster

Established in 1999, Music Broadcast Limited (MBL) is a pioneer in India's FM radio industry. Operating under the iconic Radio City brand, MBL commands a wide market presence through its extensive network of FM radio stations.

Key Products and Services:

  • FM Radio Broadcasting
  • Digital Music Streaming (via radiocity.in website)

Industry Reputation:

MBL has earned a strong reputation for delivering high-quality programming, reaching diverse audiences. Its commitment to innovation and expanding its product range has solidified its position as a leading player in the Indian radio broadcasting market.

Diverse Product Range:

Beyond FM broadcasting, MBL offers a variety of products and services to meet the needs of its clientele, including:

  • Event Management
  • Digital Marketing Solutions
  • Audio Content Production

Commitment:

MBL is committed to providing its listeners with exceptional entertainment and information, while also supporting the growth of the Indian radio broadcasting industry. Through its diverse product range and unwavering commitment to quality, MBL continues to be a driving force in the country's media landscape.


Music Broadcast Financial Performance

MetricValueDescription
Market Capital596.3 CroreMarket valuation of Music Broadcast's shares.
Revenue (TTM)217.31 CroreTotal revenue generated by Music Broadcast over the past twelve months.
Net Income (TTM)+3.1 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin1.77%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin1.42%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+10.5%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-37.21%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
20.04Company's total debt divided by total shareholder equity.
Total Debt105.43 CroreSum of Music Broadcast's current & long-term financial obligations.
Total Cash81.3 CroreTotal amount of liquid funds available to Music Broadcast.
Beta0.26Beta is less than 1 indicating that the Music Broadcast's price is less volatile than the market.

Is Music Broadcast A Good Buy For Long Term?

Based on the provided data, Music Broadcast's financial performance indicates cautious optimism. While revenue growth is impressive, the low profit margin and high debt raise concerns. Past returns have been volatile, with significant losses over extended periods. For long-term investors seeking stability, Music Broadcast may not be an ideal buy.

To predict the Music Broadcast's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Music Broadcast Share Price Target For 2024

Music Broadcast Targets For 2024 Chart

The line chart displays the monthly closing prices of Music Broadcast with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Music Broadcast shares in 2024, see the table below.

Music Broadcast Share Price Target Table For 2024

Music Broadcast's LevelsValueReason/Importance
2024 Target 312.49 (+3.65%)Custom Fibonacci Extension Lvl 82%
2024 Target 212.32 (+2.24%)Custom Fibonacci Extension Lvl 50%
2024 Target 112.18 (+1.07%)Custom Fibonacci Extension Lvl 23.6%
Current Price12.05Music Broadcast's 1 share price as of Thu 21 Nov 2024
Stop Loss 112.01 (-0.34%)Price Action: Chart
Stop Loss 211.76 (-2.41%)Fibonacci Retracement Level 98.6%
Stop Loss 311.60 (-3.74%)Fibonacci Retracement Extended 28.2%

Summary: Music Broadcast Share Price Prediction For 2024

In summary, Music Broadcast has declined by ₹-5.05, recording a notable -29.53% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Music Broadcast for 2024 predicts an additional rise of 1.07% to 3.65% by the end of 2024 with three potential targets T1: 12.18, T2: 12.32, T3: 12.49. Stop Loss at SL1: 12.01, SL2: 11.76, SL3: 11.60.

Music Broadcast has a 52-week high of ₹25.35, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹11.30, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Music Broadcast.

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Music Broadcast Share Price Target For 2025

Music Broadcast Targets For 2025 Chart

The line chart displays the monthly closing prices of Music Broadcast with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Music Broadcast shares in 2025, see the table below.

Music Broadcast Share Price Target Table For 2025

Music Broadcast's LevelsValueReason/Importance
2025 Target 321.49 (+78.34%)Price Action: Chart
2025 Target 221.09 (+75.02%)Price Action: Chart
2025 Target 120.88 (+73.27%)Custom Fibonacci Extension Lvl 64.9%
Current Price12.05Music Broadcast's 1 share price as of Thu 21 Nov 2024
Stop Loss 19.90 (-17.85%)Price Action: Chart
Stop Loss 29.80 (-18.68%)Price Action: Chart
Stop Loss 39.62 (-20.17%)Price Action: Chart

Summary: Music Broadcast Share Price Prediction For 2025

In summary, Music Broadcast has declined by ₹-5.05, recording a notable -29.53% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Music Broadcast for 2025 predicts an additional rise of 73.27% to 78.34% by the end of 2025 with three potential targets T1: 20.88, T2: 21.09, T3: 21.49. Stop Loss at SL1: 9.90, SL2: 9.80, SL3: 9.62.

Music Broadcast has a All-Time high of ₹73.44, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹11.30, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Music Broadcast, we have created a specific page for that check here: Music Broadcast Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Music Broadcast Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Music Broadcast Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Music Broadcast share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -1.39% over the next 15 years.

For complete year by year Music Broadcast long term share price target from 2024, 2025 to 2039 check the below table.

Music Broadcast Share Price Target Table From 2024, 2025, 2026 to 2039

YearMusic Broadcast TargetYoY Change %
2024₹12.05[Current Price]
2024₹13.6913.6%
2025₹10-26.96%
2026₹10.232.3%
2027₹12.0217.49%
2028₹11.58-3.67%
2029₹10.48-9.5%
2030₹10.19-2.68%
2031₹11.7515.19%
2032₹10.76-8.43%
2033₹10.72-0.38%
2034₹13.1722.85%
2035₹12.66-3.88%
2036₹12.09-4.51%
2037₹11.98-0.91%
2038₹11.58-3.34%
2039₹11.25-2.85%

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Music Broadcast Past Performance

RADIOCITY main
Music Broadcast has been listed on NSE for more than 7 years.
  • In 2017, Music Broadcast opening price was ₹57.76
  • As of Thu 21 Nov 2024 the price stands at ₹12.05.
  • This represents a Compound Annual Growth Rate (CAGR) of -17.79%.
  • In 7 years, an investment of 10,000 would have become ₹2,086.21.

As we wrap up, we hope you like our study on Music Broadcast share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Music Broadcast Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter