Saregama India Ltd. (SAREGAMA) Share Price Falls 5.66% Amid Mid Cap Decline

Saregama India Ltd. Share Price fell 5.66% to Rs 526 today, with a market cap of Rs 10,444.49 crore.

Saregama India Ltd. Share Price experienced a significant decline today, falling by 5.66% to close at Rs 526. This drop from the previous close of Rs 557.55 highlights a notable shift in market sentiment. With a market capitalisation of Rs 10,444.49 crore, Saregama is classified within the Mid Cap category.

The trading session opened at Rs 560.05, which was also the day's high, before the price fell to a low of Rs 525. The total volume of shares traded was 384,521, with a turnover of Rs 1.76 crore. The volume on the BSE was 33,394, while the NSE recorded a volume of 351,127. This level of trading activity suggests a heightened interest in the stock, possibly driven by broader market trends or sector-specific factors.

Saregama India Ltd. (SAREGAMA) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 526
Previous Close	Rs 557.55
Today's Change	Rs -31.55 (-5.66%)
Day Open	Rs 560.05
Day High	Rs 560.05
Day Low	Rs 525
Current Volume (BSE)	33,394
BSE Traded Volume	33,394
NSE Traded Volume	3,51,127
Combined NSE + BSE Volume	3,84,521
Turnover	Rs 1.76 crore
Market Capitalisation	Rs 10,444.49 crore
Market Cap Category	Mid Cap

Saregama India Ltd. (SAREGAMA) traded at Rs 526. versus the previous close of Rs 557.55, a fall of 5.66%. The stock opened at Rs 560.05, reached Rs 560.05, touched Rs 525. Reported volume was 33,394.

Saregama India Ltd. (SAREGAMA) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 10,444.49 crore

In the Media & Entertainment sector, Saregama competes with companies like Navneet Education Ltd. and Jagran Prakashan Ltd. The sector's benchmark P/E median is 16.93, with a wide range from 0.43 to 3402.5, indicating diverse valuation levels within the sector. Saregama's market cap of Rs 10,444.49 crore is significantly higher than the sector's median market cap of Rs 54.65 crore, highlighting its substantial presence in the industry.

While specific financial metrics such as EPS, book value, and dividend yield were not provided, these figures are essential for a comprehensive fundamental analysis. They provide insights into the company's profitability, asset valuation, and shareholder returns. Investors should consider these factors alongside market trends and sector performance when evaluating Saregama's stock.

Sector and Industry Context

Metric	Value
Sector	Media & Entertainment
Benchmark Scope	same sector
Benchmark Median P/E	16.93x
Benchmark Average P/E	139.38x
Benchmark P/E Range	0.43x to 3,402.5x
Benchmark Median P/B	1.02x
Benchmark Median ROE	0.1%
Benchmark Median ROCE	1.39%
Company Market Capitalisation	Rs 10,444.49 crore
Benchmark Median Market Cap	Rs 54.65 crore

Saregama India Ltd. (SAREGAMA) is classified under sector: Media & Entertainment.

Track today's top decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

Saregama India Ltd. operates within the Media & Entertainment sector, which encompasses a diverse range of companies. The sector's benchmark includes 115 companies, with a median P/E of 16.93 and a median market cap of Rs 54.65 crore. Saregama's market cap of Rs 10,444.49 crore places it well above the sector median, indicating its significant market presence.

The sector's P/B median is 1.02, with a range from -866.67 to 25.39, reflecting varied asset valuations across companies. Saregama's valuation metrics, such as P/E and P/B, are crucial for comparing its market position relative to peers. The sector's ROE and ROCE medians are 0.1% and 1.39%, respectively, providing benchmarks for assessing company performance.

Within the sector, Saregama competes with peers like Navneet Education Ltd. and Jagran Prakashan Ltd., each with distinct market caps and valuation metrics. Analyzing these comparisons helps investors understand Saregama's relative strengths and weaknesses, providing context for its market performance.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Navneet Education Ltd.	NAVNETEDUL	2,840.38	8.39	1.29	6.23	9.67
Signpost India Ltd.	SIGNPOST	1,460.79	19.71	4.73	7.64	10.53
Jagran Prakashan Ltd.	JAGRAN	1,371.87	6.95	0.68	3.99	6.38
Den Networks Ltd.	DEN	1,309.5	8.83	0.34	7.03	6.76
Panorama Studios International Ltd.	PANORAMA	1,245.1	81.59	5.79	55.22	30.89

Saregama India Ltd. (SAREGAMA) has a market capitalisation of Rs 10,444.49 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

In the Media & Entertainment sector, Saregama India Ltd. faces competition from several peers. Navneet Education Ltd., with a market cap of Rs 2,840.38 crore, has a P/E of 8.39 and a P/B of 1.29. Jagran Prakashan Ltd. has a market cap of Rs 1,371.87 crore, a P/E of 6.95, and a P/B of 0.68. Den Networks Ltd. also competes in this space with a market cap of Rs 1,309.5 crore, a P/E of 8.83, and a P/B of 0.34.

Saregama's market cap of Rs 10,444.49 crore is significantly higher than these peers, indicating its larger market presence. However, without specific P/E and P/B values for Saregama, direct valuation comparisons are limited. Investors should consider these metrics alongside sector benchmarks to assess Saregama's relative valuation and performance.

Why Investors Are Watching Saregama India Ltd.

Investors are closely monitoring Saregama India Ltd. due to its recent share price decline and its position within the Media & Entertainment sector. The company's significant market cap and competitive landscape make it a focal point for market analysis.

• Price Action: Saregama's share price fell 5.66% today, surpassing the Mid Cap threshold.
• Sector Position: Saregama holds a significant market cap within its sector.
• Peer Comparison: Competes with notable peers like Navneet Education Ltd.

Investors should continue to monitor Saregama's market performance, sector dynamics, and any developments that could impact its valuation and investor sentiment.

About Saregama India Ltd.

Saregama India Ltd. is a prominent player in the Media & Entertainment sector, known for its diverse range of offerings. The company operates in various segments, including music production, film production, and digital content distribution. Saregama's extensive catalog of music and films positions it as a leader in the industry, catering to a wide audience across multiple platforms.

With a strong market presence and a rich history in the entertainment industry, Saregama continues to innovate and expand its offerings. The company's strategic focus on digital content and distribution aligns with evolving consumer preferences, ensuring its relevance in a dynamic market. Saregama's commitment to quality content and its ability to adapt to changing industry trends make it a key player in the Media & Entertainment sector.

Track Saregama India Ltd. Share Price on Univest

Use Saregama India Ltd. (SAREGAMA) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners lists and related market analysis.

Investors can track Saregama India Ltd. Share Price on Univest for real-time updates and insights. Univest provides comprehensive data on share prices, technical indicators, fundamental ratios, and market insights. Stay informed about Saregama's market performance and sector trends with Univest's reliable and up-to-date information.

Frequently Asked Questions

What caused Saregama India Ltd.'s share price to fall today?

Ans. Saregama India Ltd.'s share price fell by 5.66% today, closing at Rs 526. The decline was significant enough to surpass the Mid Cap threshold, but no specific catalyst was identified in the data.

How did Saregama India Ltd. perform in today's trading session?

Ans. Saregama India Ltd. opened at Rs 560.05 and closed at Rs 526, with a day's high of Rs 560.05 and a low of Rs 525. The total volume traded was 384,521 shares.

What is Saregama India Ltd.'s market capitalisation?

Ans. Saregama India Ltd. has a market capitalisation of Rs 10,444.49 crore, placing it within the Mid Cap category in the Media & Entertainment sector. The company operates in the Media & Entertainment sector.

Who are Saregama India Ltd.'s main competitors?

Ans. Saregama India Ltd. competes with companies like Navneet Education Ltd., Jagran Prakashan Ltd., and Den Networks Ltd. in the Media & Entertainment sector. Comparable listed companies include Navneet Education Ltd., Signpost India Ltd., Jagran Prakashan Ltd.

What is the sector benchmark for P/E in Media & Entertainment?

Ans. The sector benchmark for P/E in Media & Entertainment has a median of 16.93, with a wide range from 0.43 to 3402.5, indicating diverse valuation levels. The relevant peer median P/E is 16.93x.

How does Saregama India Ltd.'s market cap compare to its sector?

Ans. Saregama India Ltd.'s market cap of Rs 10,444.49 crore is significantly higher than the sector median of Rs 54.65 crore, indicating a strong market presence. The company operates in the Media & Entertainment sector.

How does Saregama India Ltd. fit within the Media & Entertainment sector?

Ans. Saregama India Ltd. is a significant player in the Media & Entertainment sector, with a large market cap and diverse offerings in music and digital content. The stock belongs to the Media & Entertainment sector.