India's Tips Industries surges 11% on music publishing deal with Sony Music

Firstsource Solutions

05/05/2023 07:26

** Shares of Tips Industries Ltd  TIPS.NS  rise as much as
11.44%, most intraday gains in over four months, to 169.95
rupees 
    ** Rise after the media and entertainment company signs a
global music publishing agreement with Sony Music Publishing 
 urn:newsml:reuters.com:*:nFWN3720C8
    ** The agreement pertains to promoting Tips Music's
portfolio of songs to international markets
    ** Partnership to boost publishing revenues for the company:
TIPS
    ** Trading volume is 297,886 shares as of 11:52 a.m. IST,
thrice the 30-day avg - Refinitiv data

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))