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Yes Securities Report
Stocks to Buy: We value TIPS Music at PE of 47 times on Sep-26 EPS with target price of Rs 1,050
We initiate coverage on TIPS Music Ltd. with a Buy rating based on the promising growth prospects driven by -
Strong Industry tailwinds providing better monetization opportunities
Diversified music catalogue,
Presence across digital platforms,
Prudent content acquisition strategy,
Improved monetization in non-digital segments.
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