Music Broadcast Ltd.

NSE: RADIOCITY | BSE: 540366 | ISIN: INE919I01024 | Industry: Broadcasting & Cable TV
| Slowing Down Stock
9.3100 -0.12 (-1.27%)
NSE May 29, 2025 15:31 PM
Volume: 320.2K
 

Prabhudas Lilladhar
comparison, industry ad-volumes were up 67% YoY. While our FY23 EBITDA estimates are broadly intact, we cut our FY22 EBITDA estimates by ~7% as onset of 2nd wave has derailed the recovery process since radio is an AND medium of advertising. Further, ad-volumes in high yield markets are still at suboptimal levels (~7-8% shortfall versus pre-COVID benchmark) which is likely to prolong the recovery. Nonetheless, MBL has fared well in this challenging environment with 1) volume market share of 21%...
Music Broadcast Ltd. has lost -43.40% in the last 1 Year
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