Undercover Stocks: Invest in Tips Music to Get Good Returns

Stock Market Analysis: Tips Industries’ promoters Mr. Ramesh S Torani, Mr. Kumar S Torani, and Mr. Girish K Torani jointly own 64.16% of the company. In revenue sources, 75% of the revenue comes through digital platforms and the remaining 25% comes through non-digital platforms like publishing, television, and live performances. 

Tips Music Share Market Value

Tips has a 10% market share of the Indian music sector with a market cap of $639 million. The music company have maintained a healthy net profit since March 2015 and in FY24, with a profit was Rs 127 Cr. According to a recent research report by Spark Avengers, Tips Industries’ target is Rs 627 per share. The research report said that audio subscriptions have grown by 32% in the last 5 years and are expected to grow by 28% in the next 5 years.