RA

Music Broadcast LtdNSE RADIOCITY Stock Report

Last reporting period 31 Mar, 2024

Updated 29 Oct, 2024

Last price

Market cap $B

0.253

Micro

Exchange

XNSE - National Stock Exchange Of India

RADIOCITY.NS Stock Analysis

RA

Neutral

Based on Eyestock quantitative analysis, RADIOCITY.NS`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

54/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

36.3 %

Undervalued

Market cap $B

0.253

Dividend yield

Shares outstanding

345.69 B

Music Broadcast Ltd. engages in the operation of private FM radio stations through the brand Radio City. The company is headquartered in Mumbai, Maharashtra and currently employs 430 full-time employees. The company went IPO on 2017-03-17. The firm has 39 stations across 12 states. The Company’s Radio City is a radio station in Bengaluru and Mumbai. Radio City reaches out to approximately 69 million listeners in 34 cities. The network provides terrestrial programming along with 17 other Web-stations, through its digital interface, www.radiocity.in. Radio City offers content with its brand Rag Rag Mein Daude City. The network introduced humor and the concept of agony aunt on radio with Babber Sher and Love Guru respectively. The company also initiated Radio City Freedom Awards, a platform to recognize independent music and provides a launch pad to budding singers with Radio City Super Singer, a singing talent hunt on radio.

View Section: Eyestock Rating