Music Broadcast Ltd.

NSE: RADIOCITY | BSE: 540366 | ISIN: INE919I01024 | Industry: Broadcasting & Cable TV
| Strong Performer, Under Radar
9.9000 0.14 (1.43%)
NSE Apr 21, 2025 15:28 PM
Volume: 93,405
 

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Music Broadcast Ltd.
09 Dec 2019
buy
by Angel Broking
Target: 45
Angel Broking
For 2QFY2020, Music Broadcast Limited (MBL) posted below expectation results both on top-line and bottom-line fronts. MBL's top-line registered a decline of ~22% yoy to `63cr on the back of lower ad spends. Moreover, the company's operating margins contracted by 354bps yoy. On the bottom-line front, MBL reported growth of ~38% yoy to `19cr on
 
Music Broadcast Ltd. has lost -35.76% in the last 6 Months
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