IRIS Business Services Achieves New Milestone with 52-Week High Stock Price

IRIS Business Services, a leading BPO/ITeS company, has recently reached a new milestone as its stock price touched a 52-week high on October 9th, 2024. This positive development has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

The company has also been listed as a Reliable Performer on MarketsMOJO since May 21st, 2024, showcasing its consistent growth and performance in the market. The stock has outperformed the sector by 1.43% and has been on a consecutive gain for the past two days, with a 4.01% increase in returns.

Today, the stock opened at Rs. 374.8, which is also its all-time high, and has maintained this price throughout the day. This is a positive sign for investors, as the stock is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, IRIS Business Services has shown an impressive performance of 260.73%, while the Sensex has only grown by 25.11%. This further highlights the company's strong position in the market and its potential for future growth.

With its consistent performance and positive market sentiment, IRIS Business Services is definitely a stock to watch out for in the BPO/ITeS industry. Investors can consider adding it to their portfolio for potential long-term gains.