Tips Music shares jump 11% as board set to approve buyback on July 22

Tips Music shares have climbed around 11% in the last month ahead of a board meeting scheduled for July 22 to consider a share buyback. The company reported Q4 FY26 revenue of Rs 103.9 crore, up 32% year-on-year, while net profit surged 93% year-on-year to Rs 59 crore. The board has also declared a cumulative dividend of Rs 13 per share for FY26, totaling Rs 166.18 crore in payouts.