52w high/low | ₹2340 / ₹355 |
P/E ratio | 77.74 |
Dividend | 0.65 |
ROE | 76.4 |
ROCE | 89.84 |
Face value | 1 |
Book value | ₹15.58Cr |
Market capital | ₹11,825.7Cr |
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Tips Industries Ltd, one of India's largest Entertainment company having presence (along with its subsidiaries) in Music, Film Production, Film Distribution and Artist Management. TIL which has started as a trading firm in pre 1980s has grown to become a leading entertainment company in India in 3 decades. Taurani family initially commenced a trading business in the name of Jaihind Electronics in Bombay in 1980s. As a part of business, the Taurani's also dealt in gramophone records and pre-recorded audio cassettes of HMV, MIL, CBS and Oriental. In early 80's a partnership concern, M/s RK electronics with Ramesh S Taurani and Renu K Taurani as partners was formed. The firm did the conceptualising and planning of the album and its release, and used external manufacturing facilities to manufacture and record songs. In 1988, a new partnership firm, Tips Cassettes and Records Co was registered with Sadhuram Taurani and Kumar Taurani as partners. Thereafter, their first major music release in Bollywood, "Patthar ke Phool" hit the market.