Music Broadcast Ltd. News and Updates

Name: Latest research reports of Music Broadcast Ltd. authored by Prabhudas Lilladhar and published by - Trendlyne research reports.
Item: Music Broadcast Ltd.
Rating: 3
Author: Prabhudas Lilladhar

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Music Broadcast Ltd.

02 Nov 2022

Hold Music Broadcast; target of Rs 23: Prabhudas Lilladher

Moneycontrol

Prabhudas Lilladher recommended hold rating on Music Broadcast with a target price of Rs 23 in its research report dated November 01, 2022.

Music Broadcast Ltd. has lost -30.95% in the last 6 Months

Music Broadcast Ltd.

01 Nov 2022

MUSIC BROADCAST LTD.

Hold: Music Broadcast Ltd.

Target

Prabhudas Lilladhar

Music Broadcast Ltd. has lost -23.42% in the last 3 Months

Music Broadcast Ltd.

11 Oct 2022

Music Broadcast Q2 PAT seen up 314.1% YoY to Rs. 1.2 cr: Prabhudas Lilladher

Moneycontrol

Net Sales are expected to increase by 10 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 46.2 crore, according to Prabhudas Lilladher.

Music Broadcast Ltd. is trading below all available SMAs

Music Broadcast Ltd.

27 May 2022

Hold Music Broadcast; target of Rs 24: Prabhudas Lilladher

Moneycontrol

Prabhudas Lilladher recommended hold rating on Music Broadcast with a target price of Rs 24 in its research report dated May 25, 2022.

Music Broadcast Ltd. is trading below all available SMAs

Music Broadcast Ltd.

25 May 2022

MUSIC BROADCAST LTD.

Hold: Music Broadcast Ltd.

Prabhudas Lilladhar

Music Broadcast Ltd. is trading below all available SMAs

Music Broadcast Ltd.

27 Jan 2022

Hold Music Broadcast; target of Rs 24: Prabhudas Lilladher

Moneycontrol

Prabhudas Lilladher recommended hold rating on Music Broadcast with a target price of Rs 24 in its research report dated January 25, 2022.

Music Broadcast Ltd. is trading below all available SMAs

Music Broadcast Ltd.

25 Jan 2022

Music Broadcast Standalone December 2021 Net Sales at Rs 59.89 crore, up 47.27% Y-o-Y

Moneycontrol

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Music Broadcast Ltd. has lost -23.42% in the last 3 Months

Music Broadcast Ltd.

25 Jan 2022

MUSIC BROADCAST LTD.

Hold: Music Broadcast Ltd.

Prabhudas Lilladhar

improvement with inventory utilization of 26%/54%/77% in 1Q/2Q/3Q respectively which is encouraging. We believe MBL has fared well in this challenging environment with 1) volume market share of 22% (up 200bps...

Music Broadcast Ltd. has lost -23.42% in the last 3 Months

Music Broadcast Ltd.

16 Jan 2022

Metro Brands third quarter net profit jumps 54.6% to Rs 100.85 cr

Business Standard

Footwear retail chain Metro Brands has reported a 54.63 per cent jump in consolidated net profit to Rs 100.85 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 65.22 crore during the October-December quarter of the previous fiscal, Metro Brands Ltd (MBL), earlier known as Metro Shoes, said in a regulatory filing. Its total revenue from operations was up 59.02 per cent at Rs 483.77 crore during the quarter under review against Rs 304.21 crore in the corresponding period of the previous fiscal. MBL's total expenses rose 47.26 per cent to Rs 362.59 crore in Q3 FY 2021-22, compared to Rs 246.21 crore in the year-ago period. MBL CEO Nissan Joseph said it was the best quarterly revenue, EBITDA and PAT in the history of the company. "We also are encouraged by the growth we have witnessed across the multiple Tiers of cities that we operate in and the continued growth of our e-commerce and omnichannel business," he added. As of December 31, 2021, M