RADIOCITY · Communication Services · 2026-08-07
Music Broadcast Ltd
Stage 1 · wk 2MARKET: BULL TOPPING · 2026-08-07
₹6.9
-0.29% today
₹241 Cr · Micro cap
About this companyCommunication Services· RadioExpand ▾
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.
Visit company website →ROE
-11.3%
Profit margin -30.6%
vs 52W High
-22.9%
₹4.6 lo₹8.9 hi
22.9% below 52W high — deeper pullback
Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.
Stage Maturity
Week 2
1w13w26w
Week 2 — early base, needs time
How long this stock has been basing. Longer bases can produce stronger breakouts — but don't anticipate, wait for the breakout.
vs 200 DMA
7.7%
200 DMA: ₹6.4 · sloping down
Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.
Rel Volume
0.41x
vs 50-day avg
Volume in Stage 1 basing is typically quiet. A surge in volume on an upside breakout is the signal to watch.
Trend Health
↑ ⇈
Accelerating · MA20 +6.2% vs MA50 +2.4% / 10d
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.
Sector
Communication Services
Stage 2%
22.0%
20d Δ
+4.4pp
1M return
+1.5%
3M return
+9.1%
Sector Stage-2 % · last 20 days
Sector has 19 Stage 2 leaders. See Communication Services Stage 2 →
Industry
Radio
Stage 2%
0.0%
20d Δ
+0.0pp
1M return
+2.7%
3M return
-7.6%
Industry Stage-2 % · last 20 days
Price + Volume Chart
1M
+14.7%
3M
+11.2%
6M
+12.7%
YTD
+2.4%
1Y
-22.6%
Moving averages & range
50 DMA
₹6.3
200 DMA
₹6.4
52W High
₹8.9
52W Low
₹4.6
5D Low
₹6.7
Resistance levels (recent highs)
20d High
₹6.9
60d High
₹6.9
120d High
₹6.9
250d High
₹8.9
Next resistance
+1.3%
to 20d High
All analytics based on EOD data. Data as of 2026-08-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.