Tips Industries is another company from the media and entertailment space, whose board of directors will be meeting on Thursday to consider a share buyback plan. The company on Wednesday announced a standalone profit of ₹1.59 crore for the July-September quarter of financial year 2015-16, compared to a loss of ₹62 lakh in the preceding April-June quarter. Analysts will be closely watching the details of the buyback offer.

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