YES Securities initiates coverage on TIPS Music, sees upside potential of 18% with target price of Rs 1,050

YES Securities has initiated coverage on TIPS Music with a "Buy" rating and a target price of Rs 1,050, suggesting an 18% upside from the current price. The stock rose 1.7% to Rs 888.65 on Tuesday. The bullish outlook is supported by the growth of digital platforms and rising music streaming adoption.