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Music Broadcast Limited
Share Price Target & Analysis

NSE:RADIOCITY

11.82

VWAP

12.05

Open

12.05

Close

12.16

High

11.29

Low

25.35

52 Week High

11.97 ⇩
-0.08 (-0.66%)

RADIOCITY

(MEDIA ENTERTAINMENT & PUBLICATION)
4.8% Momentum

Watch Carefully

11.29

52 Week Low

0.18

EPS

33.45

PE

0.78

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 11.97, 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 0.18. NSE:RADIOCITY book value per share as of today is 15.38. The current price to book ratio for RADIOCITY as of Nov 23, 2024 is 0.78.

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 41.45% is very crucial parameter which shows that 41.45% investors are anticipating that the price of RADIOCITY share should go up with VWAP at 11.82.

Now, the main question is whether to BUY or SELL, NSE:RADIOCITY at current valuation.
As per latest Analysis No. #2290:-

⇑ 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 (Nov 23, 2024)

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

Music Broadcast Limited share price moved Down by -0.66% from its previous close of Rs 12.05. RADIOCITY stock last traded price is 11.97. RADIOCITY share price trend is Down with a total of 545662 stocks traded till now. It has touched an intraday high of Rs 12.16 and an intraday low of Rs 11.29. The RADIOCITY trading at 11.97, Down by Rs. -0.08, or -0.66 percent which suggests that most of the Traders are anticipating that the price of RADIOCITY share should go Down.

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 Down by -0.66%. RADIOCITY share price short term trend is Down. It suggests that RADIOCITY Share Price for Tomorrow remains the same with VWAP at 11.82 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

 11.97

RADIOCITY Share Price Target Prediction for 2024 ^

 11.8 - 19.5

RADIOCITY Share Price Target Prediction for 2025*^

 19.5 - 20.3

RADIOCITY Share Price Target Prediction for 2026*^

 20.3 - 21.3

RADIOCITY Share Price Target Prediction for 2027*^

 22

RADIOCITY Share Price Target Prediction for 2028*^

 23

RADIOCITY Share Price Target Prediction for 2030*^

 24
RADIOCITY Current Book Value 2023
15.3

*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: @12.51

RADIOCITY Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 12.68 SELL 12.67 SELL
MA_12 12.98 SELL 13.07 SELL
MA_20 13.4 SELL 13.43 SELL
MA_32 14.4 SELL 13.97 SELL
MA_50 14.78 SELL 14.38 SELL
MA_100 15.15 SELL 15.02 SELL
MA_200 16.85 SELL 15.85 SELL

RADIOCITY Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 13.4 Downtrend
MACD -0.02 SELL
ADX 26.53 Strong Trend
DMI (+/-) 12.3 / 27.93 Downtrend

RADIOCITY Momentum Oscillators

BUY (1) NEUTRAL (4) SELL (7)
Momentum Oscillators Value Action
RSI 28.52 Oversold
STOCHASTIC_K (Fast) 16.1 Oversold
STOCHASTIC_D (Slow) 15.01 Oversold
CCI -140.76 SELL
PSAR 13.81 SELL
TRUE RANGE 0.37 BUY
ATR 0.57 Neutral
WILLIAMS R -85.8 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 49.38 Neutral
STOCHASTIC RSI D 20.98 Neutral
MOMENTUM -3.16 SELL

RADIOCITY Last 1 Year Trend

Duration Value
1 Year -11.28%
3 Months -16.38%
1 Month -20.17%
1 Week -5.37%

RADIOCITY Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 13%
SELL 80%

Most popular Questions & Answers about RADIOCITY


Music Broadcast Limited stock last traded price is 11.97. RADIOCITY share price moved Down by -0.66% from its previous close of Rs 12.05.

Music Broadcast Limited share price trend is Down with a total of 545662 stocks traded till now. It has touched an intraday high of Rs 25.6035 and an intraday low of Rs 11.29. The RADIOCITY trading at 11.97, Down by Rs. -0.08, or -0.66 percent which suggests that most of the Traders are anticipating that the price of RADIOCITY share should go Down and the Stop Loss will be around 11.82.

The market cap of Music Broadcast Limited is ₹871.1 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Music Broadcast Limited as of Nov 22, 2024 is 33.45.

The current price to book ratio for Music Broadcast Limited as of Nov 22, 2024 is 0.78.

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 ₹11.29 in the last 52-week.

Music Broadcast Limited share trading at ₹11.97, Down by Rs. -0.08, or -0.66 percent which suggests that most of the traders are anticipating that the price of RADIOCITY share should go Down.

In 2023, Stock price target for Music Broadcast Limited (RADIOCITY) are ₹11.8 on downside and ₹19.5 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 ₹19.5 on downside and ₹20.3 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 ₹20.3 on downside and ₹21.3 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 ₹23 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.

The price of Music Broadcast Limited (RADIOCITY) shares moved by -0.66%. The short-term trend for RADIOCITY share price is Down. It implies that the share price of RADIOCITY will stay the same tomorrow and that intraday traders should treat VWAP at 11.82 as a stop loss. Investors with a long-term outlook can track RADIOCITY long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of RADIOCITY stock is 2.2. Compared to the current market price of 11.97 INR, the RADIOCITY stock is Overvalued by 81.6%.

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 0.18. Music Broadcast Limited book value per share as of today is 15.38. The current price to book ratio for RADIOCITY as of Nov 23, 2024 is 0.78.


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 117.17 6.04 104.18
SUNTV 741.65 45.2 262.72
TV18BRDCST 45.27 0.25 18.25
PVR 1465.70 0 747.61
SAREGAMA 454.50 10.23 70.1
NETWORK18 79.56 0 6.25
INOXLEISUR 508.85 -26.2 56.47
HATHWAY 18.17 0.5 26.13
DISHTV 10.32 0 -13.74
GTPL 139.38 5.16 80.4
Updated at: 22 Nov 2024 15:44

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