Tips Music Ltd Experiences Fifth Consecutive Day of Decline
Tips Music Ltd drops for fifth straight session
Business Standard
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Tips Music Ltd shares are trading at ₹639.65, down 0.91% on the National Stock Exchange (NSE) as of 13:19 IST. Despite a 37.55% increase over the past year, the stock has now fallen for five consecutive sessions amid a broader market decline.
- 01Tips Music Ltd's stock price is currently ₹639.65, down 0.91%.
- 02The stock has risen 37.55% in the past year.
- 03It has experienced a decline for five straight sessions.
- 04The NIFTY index is down 0.33% today.
- 05The volume of Tips Music Ltd shares traded today is 1.43 lakh, below the average of 8.51 lakh.
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Tips Music Ltd is currently trading at ₹639.65, reflecting a 0.91% decrease as of 13:19 IST on the National Stock Exchange (NSE). This marks the fifth consecutive day of decline for the stock, which has seen a 37.55% increase over the past year, contrasting with a 1.39% drop in the NIFTY index and a 3.72% rise in the Nifty Media index. Despite the recent downturn, Tips Music Ltd has gained 22.09% in the last month, while the Nifty Media index has increased by 11.64% during the same period. Today's trading volume for Tips Music Ltd stands at 1.43 lakh shares, significantly lower than the average of 8.51 lakh shares over the past month. The stock's price-to-earnings (PE) ratio is currently 38.05 based on trailing twelve months (TTM) earnings ending March 26.
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The decline in Tips Music Ltd's stock may affect investor sentiment and trading strategies, especially for those holding shares in the company.
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