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Music Broadcast Share Price Target 2024, 2025, 2026 to 2039 With Charts
Music Broadcast Limited | |||
 | Symbol: RADIOCITY | ||
| Price: ₹16.63 | |||
| Exchange: NSE | |||
| Communication Services -> Broadcasting | |||
Show Table of Contents
Table of Contents
- 1: Music Broadcast Brief Company Overview
- 1.1: Music Broadcast Limited: A Leading Indian Radio Broadcaster
- 1.2: Music Broadcast Financial Performance
- 1.2.1: Is Music Broadcast A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Music Broadcast Share Price Target For 2024
- 2.1.1: Music Broadcast Share Price Target Table For 2024
- 2.1.2: Summary: Music Broadcast Share Price Prediction For 2024
- 2.2: Music Broadcast Share Price Target For 2025
- 2.2.1: Music Broadcast Share Price Target Table For 2025
- 2.2.2: Summary: Music Broadcast Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Music Broadcast Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Music Broadcast Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Music Broadcast Past Performance
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.
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Music Broadcast Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 596.3 Crore | Market valuation of Music Broadcast's shares. |
| Revenue (TTM) | 217.31 Crore | Total revenue generated by Music Broadcast over the past twelve months. |
| Net Income (TTM) | +3.1 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 1.77% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 1.42% | 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 | 20.04 | Company's total debt divided by total shareholder equity. |
| Total Debt | 105.43 Crore | Sum of Music Broadcast's current & long-term financial obligations. |
| Total Cash | 81.3 Crore | Total amount of liquid funds available to Music Broadcast. |
| Beta | 0.26 | Beta 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
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.
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Music Broadcast Share Price Target Table For 2024
| Music Broadcast's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 18.73 (+12.62%) | Technical Indicator: MA100 |
| 2024 Target 2 | 18.38 (+10.52%) | Price Action: Chart |
| 2024 Target 1 | 18.20 (+9.44%) | Price Action: 23 May 2024 High |
| Current Price | 16.63 | Music Broadcast's 1 share price as of Fri 14 Jun 2024 |
| Stop Loss 1 | 15.90 (-4.39%) | Price Action: Nov 2023 High |
| Stop Loss 2 | 15.70 (-5.6%) | Price Action: May 2024 Low |
| Stop Loss 3 | 15.42 (-7.28%) | Price Action: Chart |
Summary: Music Broadcast Share Price Prediction For 2024
In summary, Music Broadcast has declined by ₹-0.47, recording a notable -2.75% decrease from 1st January 2024 to 14 Jun 2024. Despite the setback, our analysis of Music Broadcast for 2024 predicts an additional rise of 9.44% to 12.62% by the end of 2024 with three potential targets T1: 18.20, T2: 18.38, T3: 18.73. Stop Loss at SL1: 15.90, SL2: 15.70, SL3: 15.42.
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 ₹11.00, 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
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.
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Music Broadcast Share Price Target Table For 2025
| Music Broadcast's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 28.88 (+73.66%) | Price Action: Chart |
| 2025 Target 2 | 28.34 (+70.41%) | Custom Fibonacci Extension Lvl 64.9% |
| 2025 Target 1 | 27.75 (+66.86%) | Fibonacci Extension Level 100% |
| Current Price | 16.63 | Music Broadcast's 1 share price as of Fri 14 Jun 2024 |
| Stop Loss 1 | 13.78 (-17.14%) | Price Action: Chart |
| Stop Loss 2 | 13.64 (-17.98%) | Price Action: Chart |
| Stop Loss 3 | 13.39 (-19.49%) | Price Action: Chart |
Summary: Music Broadcast Share Price Prediction For 2025
In summary, Music Broadcast has declined by ₹-0.47, recording a notable -2.75% decrease from 1st January 2024 to 14 Jun 2024. Despite the setback, our analysis of Music Broadcast for 2025 predicts an additional rise of 66.86% to 73.66% by the end of 2025 with three potential targets T1: 27.75, T2: 28.34, T3: 28.88. Stop Loss at SL1: 13.78, SL2: 13.64, SL3: 13.39.
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 ₹11.00, 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
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 6.48% 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
| Year | Music Broadcast Target | YoY Change % |
|---|---|---|
| 2024 | ₹16.63 | [Current Price] |
| 2024 | ₹19.16 | 15.21% |
| 2025 | ₹20.81 | 8.61% |
| 2026 | ₹22.76 | 9.37% |
| 2027 | ₹23.42 | 2.89% |
| 2028 | ₹26.64 | 13.74% |
| 2029 | ₹28.57 | 7.24% |
| 2030 | ₹30.12 | 5.42% |
| 2031 | ₹32.11 | 6.64% |
| 2032 | ₹32.31 | 0.59% |
| 2033 | ₹36.04 | 11.54% |
| 2034 | ₹37.99 | 5.41% |
| 2035 | ₹39.44 | 3.81% |
| 2036 | ₹41.47 | 5.14% |
| 2037 | ₹41.2 | -0.66% |
| 2038 | ₹45.45 | 10.31% |
| 2039 | ₹46.15 | 1.54% |
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Music Broadcast Past Performance
- In 2017, Music Broadcast opening price was ₹57.76
- As of Fri 14 Jun 2024 the price stands at ₹16.63.
- This represents a Compound Annual Growth Rate (CAGR) of -14.41%.
- In 7 years, an investment of 10,000 would have become ₹2,879.15.
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.
- Music Broadcast Share Price History
- Music Broadcast Price Target Tomorrow
- Music Broadcast Bonus History
- Music Broadcast Split History
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.
