Tips Industries zooms on inking global music publishing agreement with Sony Music Publishing
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Tips Industries is currently trading at Rs. 160.40, up by 8.30 points or 5.46% from its previous closing of Rs. 152.10 on the BSE.
The scrip opened at Rs. 151.50 and has touched a high and low of Rs. 169.80 and Rs. 150.75 respectively. So far 10119 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 199.03 on 29-Jul-2022 and a 52 week low of Rs. 127.40 on 14-Jun-2022.
Last one week high and low of the scrip stood at Rs. 169.80 and Rs. 148.00 respectively. The current market cap of the company is Rs. 2059.96 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.05% and 24.96% respectively.
Tips Industries (Tips Music) has signed a global music publishing agreement with Sony Music Publishing (SMP), one of the world's most prestigious music publishing companies, to administer and promote Tips Music’s wide array of songs in international markets.
This partnership will boost publishing revenues for Tips Music and take Indian music to international shores, entertaining audiences around the globe.
Tips Industries is a leading company in the Media & Entertainment Industry, engaged in the production and distribution of films and leveraging its audio content library digitally in India and overseas. The company is also a leading producer of Punjabi films in the country.
