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Music Broadcast Ltd

Stage 2 · Advancing · week 8

Music Broadcast Limited engages in the operating of FM radio stations under the Radio City brand name in India. More about the company

₹5.9
-2.33% today
₹206 Cr · Micro cap
Market Neutral — FadingCommunication Services 22.3% in Stage 2-2.7 pts / 20dRadio 33.3%0.0 pts
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vs 52W High
-31.1%
₹4.6 lo₹8.5 hi
31.1% below 52W high — far from high
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 8
1w13w26w
Week 8 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
-5.1%
200 DMA: ₹6.2 · sloping down
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.35x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↓
MA20 rolling over · -3.7% vs MA50 -0.3%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-6.5%
3M
-1.8%
6M
+3.7%
YTD
-11.6%
1Y
-31.3%
Sector
Communication Services
↓ Peaking
Stage 2%
22.3%
20d Δ
-2.7pp
1M return
-1.0%
3M return
+3.6%
Sector Stage-2 % · last 20 days
This stock ranks #21 of 21 Stage 2 stocks in Communication Services by RS. Lagging sector peers.
Industry
Radio
→ Flat
Stage 2%
33.3%
20d Δ
+0.0pp
1M return
-9.1%
3M return
-10.1%
Industry Stage-2 % · last 20 days
Ranks #1 of 1 Stage 2 stocks in this industry. Top stock in industry.
Stage Cycle Timeline2023-07-12 → 2026-10-07
S2 25w
S4 102w
2023-07-122026-10-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 13w → S2 25w → S3 11w → S4 102w → S1 7w → S4 2w → S1 2w → S2 7w current
Total tracked: 168 weeks across 8 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-08-17
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-07S2
Wk 8 · Vol 0.35x
2026-10-06S2
Wk 7 · Vol 0.25x
2026-10-05S2
Wk 7 · Vol 0.32x
2026-10-01S2
Wk 7 · Vol 0.85x
2026-09-30S2
Wk 7 · Vol 0.91x
2026-09-29S2
Wk 7 · Vol 2.25x
2026-09-28S2
Wk 6 · Vol 0.19x
2026-09-25S2
Wk 6 · Vol 0.36x
2026-09-24S2
Wk 6 · Vol 0.47x
2026-09-23S2
Wk 6 · Vol 1.65x
2026-09-22S2
Wk 6 · Vol 0.73x
2026-09-21S2
Wk 5 · Vol 0.27x
Sector Peers — Stage 2All →
STLTECH
wk 33 · 0.0% from hi
8.6
BIRLACABLE
wk 19 · -6.0% from hi
6.9
VINDHYATEL
wk 19 · -3.6% from hi
6.6
PVRINOX
wk 8 · -0.4% from hi
6.6
PAYTM
wk 9 · -6.4% from hi
6.2
Moving averages & range
50 DMA
₹6.4
200 DMA
₹6.2
52W High
₹8.5
52W Low
₹4.6
5D Low
₹5.9
Resistance levels (recent highs)
20d High
₹6.5
60d High
₹6.9
120d High
₹6.9
250d High
₹8.5
Next resistance
+10.2%
to 20d High
ROE
-11.3%
Profit margin -30.6%
About this companyCommunication Services· Radio

Music Broadcast Limited engages in the operating of FM radio stations under the Radio City brand name in India. The company operates radiocity.in website, and 39 radio stations across India. It serves individual listeners, multiple advertisement agencies, media partners, other broadcasting agencies, government and non- government organizations, retail chains, etc. Music Broadcast Limited was incorporated in 1999 and is based in Mumbai, India. Music Broadcast Limited is a subsidiary of Jagran Prakashan Limited.

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All analytics based on EOD data. Data as of 2026-10-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.