Tips Music jumps on acquiring Studio Radha`s complete music catalogue
Tips Music is currently trading at Rs. 596.60, up by 9.10 points or 1.55% from its previous closing of Rs. 587.50 on the BSE.
The scrip opened at Rs. 600.50 and has touched a high and low of Rs. 600.50 and Rs. 588.00 respectively. So far 6796 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 950.00 on 06-Nov-2024 and a 52 week low of Rs. 551.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 601.95 and Rs. 577.45 respectively. The current market cap of the company is Rs. 7631.55 crore.
The promoters holding in the company stood at 64.15%, while Institutions and Non-Institutions held 12.18% and 23.66% respectively.
Tips Music has acquired Studio Radha's complete music catalogue expanding its footprint into Gujarat’s rich cultural music heritage. The acquisition reflects Tips Music's strategic expansion into regional markets, delivering authentic folk traditions with contemporary reach to Indian and global audiences.
Studio Radha, known for its extensive collection of 4,000+ traditional songs spanning devotional music, folk music, and cultural storytelling, adds a dynamic, heritage-rich catalogue to the company's diverse portfolio, strengthening its position in regional Indian music while exploring new digital streaming and global publishing opportunities.
The Studio Radha catalogue will be made available across all major streaming platforms and digital services under the Tips Music banner, ensuring these cultural gems reach music lovers worldwide.
Tips Music (previously known as 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.
