Support and Resistance Levels
Past performance
About Music Broadcast Ltd Music Broadcast Limited, established in 1999, is the first private FM radio broadcaster in India, operating under the brand 'Radio City.' The company began its operations in Bangalore in 2001 and has since expanded to 39 cities, becoming a prominent player in the Indian radio landscape. In 2008, Radio City was recognized as the largest radio network, reaching 67 million Indians. The company has continued to innovate with offerings like VideoCity, India's first video FM, and has expanded its digital presence with multiple online radio stations.
In 2017, Music Broadcast Limited went public, raising Rs 488.52 crore. It acquired the radio business of Ananda Offset Private Limited in 2018 and has introduced various new regional and genre-specific channels. Recently, the company launched international properties and platforms like 'Cineverve' for movie promotion and initiatives to support independent music and artists, enhancing its reach and influence in the media industry.