Music Broadcast Limited Share Price and Company Fundamentals
Last traded: Yesterday at 10:00 AM
Music Broadcast Limited owns and operates FM radio stations under the Radio City brand name. Its radio stations deliver regional, music, and entertainment content. The company operates 28 radio stations in 39 cities in India. It operates the online platform radiocity.in; and Radio City' YouTube channels. The company was incorporated in 1999 and is based in Mumbai, India. Music Broadcast Limited is a subsidiary of Jagran Prakashan Limited.
|Industry / Sector||Broadcasting / Communication Services|
|Full time employees||415|
|Mailing address||RNA Corporate Park 5th Floor Off Western Express Highway Kalanagar, Bandra (East) Mumbai 400051 India|
|Phone / Fax||91 22 6696 9100 / 91 22 2642 9113|
Music Broadcast Limited paid ₹0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.RADIOCITY dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
RADIOCITY's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Dec 2022, following are the company executives and directors listed on Music Broadcast Limited.
|Mr. Ashit Kukian||Chief Exec. Officer||12.98M|
|Mr. Prashant Domadia||Chief Financial Officer||47||4.64M|
|Mr. Rajendra Kumar Agarwal||Chief Financial Officer||60|
|Ms. Arpita Mehrotra Kapoor||Company Sec. & Compliance Officer|
|Mr. Kartikeya Kalla||Exec. VP & National Head of Programming, Marketing & Audacity||48|
|Avinash Nair||Sr. VP of Sales & Special Projects||44|
|Ms. Rachna Kanwar||Chief Operating Officer of Digital Media||50|
|Deepa Dave||Exec. VP||47|
|Ravi Thakur||Exec. VP||47|
|Mr. Alok Barua||Chief Innovation Officer - Digital Transformation||46|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Music Broadcast Limited is and its enterprise value is .
The RADIOCITY's stocks Beta value is 0.55 making it 45% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Music Broadcast Limited (NSE:RADIOCITY) Frequently Asked Questions
1. What is Music Broadcast Limited's Stock Symbol?
Music Broadcast Limited trades on NSE under the ticker symbol "RADIOCITY".
2. What is Music Broadcast Limited's stock price today?
One share of RADIOCITY stock can currently be purchased for approximately ₹23.45.
3. How can I contact Music Broadcast Limited?
Music Broadcast Limited's mailing address is RNA Corporate Park 5th Floor Off Western Express Highway Kalanagar, Bandra (East) Mumbai 400051 India. The company can be reached via phone at 91 22 6696 9100.
4. What is Music Broadcast Limited's official website?
The official website of Music Broadcast Limited is https://www.radiocity.in.