Tips Music Limited engages in the acquisition and exploitation of music rights in India and internationally. The company is involved in the acquisition of audio-visual content for music and exploitation of content library digitally. It has a music library of songs across various languages and genres; and holds soundtrack copyrights of Hindi movies. The company was formerly known as Tips Industries Limited and changed its name to Tips Music Limited in September 2024. The company was founded in 1975 and is based in Mumbai, India.
Research context
Tips Industries Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Communication Services
- Industry
- Entertainment
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5 years, 6 months ago
Tips Industries Limited is currently in a long term uptrend where the price is trading 166.6% above its 200 day moving average.
From a valuation standpoint, the stock is 40.7% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 8.6.
Tips Industries Limited's total revenue rose by 30.5% to $314M since the same quarter in the previous year.
Its net income has increased by 146.6% to $124M since the same quarter in the previous year.
Finally, its free cash flow grew by 555.5% to $313M since the same quarter in the previous year.
Based on the above factors, Tips Industries Limited gets an overall score of 5/5.