Tips Music Ltd up for third consecutive session

Tips Music Ltd rose for a third straight session today. The stock is quoting at Rs 737.5, up 4.5% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.63% on the day, quoting at 25377.6. The Sensex is at 82903.4, down 1.62%. Tips Music Ltd has dropped around 0.47% in last one month.

Meanwhile, Nifty Media index of which Tips Music Ltd is a constituent, has dropped around 4.22% in last one month and is currently quoting at 2172.75, down 0.9% on the day. The volume in the stock stood at 5.22 lakh shares today, compared to the daily average of 2.98 lakh shares in last one month.

The PE of the stock is 62.88 based on TTM earnings ending June 24.