Music Broadcast Ltd.

NSE: RADIOCITY | BSE: 540366 | ISIN: INE919I01024 | Industry: Broadcasting & Cable TV
| Mid-range Performer
8.5500 -0.07 (-0.81%)
NSE Sep 26, 2025 15:31 PM
Volume: 34,914
 

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Music Broadcast Ltd.
26 Oct 2018, 06:06PM
HDFC Securities
Reiterate BUY with TP of Rs 387 (25x Sep-20E FCFE/sh). Music Broadcast Limited (MBL) 2QFY19 results were in-line but weak. Revenue/EBITDA/PAT grew by 5.7/9.7/5.1% YoY. PAT lagged EBITDA owing to higher tax expense (39% of PBT). Hope pinned on sharp revival in 2HFY19 led by festive season and elections. Mgmt reiterates its 12-14% YoY revenue growth guidance (1HFY19 7%).
Music Broadcast Ltd. has lost -45.75% in the last 1 Year
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