Tips Industries Ltd Stock Quotes and Charts
<b>Buy@ Rs 47.5 For target of Rs 55 In 3 Months.</b><br><br>Tips has posted a great result.This will be surely a multibagger in 2 years time.
Thaks Ankit.Your Tip Touched target today.Tip Industries had day High @55.<br>Can you Please tell us what is the short term target of this stock.Is it a gud buy for long term.
Hi All,<br><br>Definitely Tips scrip is very good buy at current levels for long term.<br><br>Investment Rationale:<br>1. Available at very cheap valuations: <br> All the scrips in the entertainment industry like Adlabs,Zee Entertainment,Zee News,Balaji Telefilms are trading at PE multiple of around 20-25. this scrip with an EPS of 12 is trading at 4-5 PE multiple (based on the current results with a large part of revenue coming from film production)<br>2. Tips is very selective in producing films. the percent of films made by tips are mostly big hits.This year we had "RACE" for example. <br>3. Forthcoming film of tips "KISMAT KONNECTION" is made from a decent budget of around 12 crore and minimum of 8 crore profit is expected from it. If considering for the whole next quarter it makes aprofit of around 8-10 crore then too its P/E value will be less than 10.<br>4.Apart from film production it has also ventured in producing private albums like the recent Aatif album.<br><br>So taking all these into account I recomment Tips Industries For long term with a 1 year target of 90 Rs.(from current levels of 49)
Net profit of Tips Industries rose 830.67% to Rs 6.98 crore in the quarter ended December 2009 as against Rs 0.75 crore during the previous quarter ended December 2008. Sales rose 568.24% to Rs 49.65 crore in the quarter ended December 2009 as against Rs 7.43 crore during the previous quarter ended December 2008.
Tips Industries has annouanced the Buy back of stock.<br>Board Meeting approving the Buy-back - June 27, 2009.<br><br>Date of passing of special resolution by the Equity Shareholders of the Company through postal ballot approving the Buy-back - August 24, 2009.<br><br>Date of Public Announcement - March 03, 2010.<br><br>Date of opening of the Buy-back Offer - March 17, 2010.<br><br>Acceptance of Equity Shares - Within 15 days of the relevant pay out days of the stock exchanges.<br><br>Extinguishment of Equity Shares - Within 15 days of acceptance of Equity Shares. Further, all the Equity Shares bought back will be extinguished within 7 days of the last date of completion of Buy-back.<br><br>Last date for the Buy-back - August 23, 2010 (i.e. 12 months from the date of the Special Resolution).
Fix Price - Rs 15 Per Trade
Rs 899/Month,8999/Year for
Equity Cash and F&O
Rs 499/Month,4999/Year for
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Free Equity Delivery Trades
Flat Rs 20 Per Trade for F&O
Rs 999 for Unlimited Trading
Brokerage: Intraday @ 0.02%, Delivery @ 0.15%
Beginner, seasoned investor, active trader or HNI. Get customised solutions.