IRIS Business Services Experiences Revision in Score Amid Strong Performance and New Milestone

IRIS Business Services has recently garnered attention in the financial markets following a notable adjustment in its evaluation. The stock has reached a significant milestone, hitting a 52-week high of Rs. 520.4 on January 10, 2025, marking an all-time peak for the company. This impressive performance is underscored by a strong upward trend, as the stock has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In a remarkable display of resilience, IRIS Business Services has outperformed its sector by 4.15% today alone, contributing to a substantial three-day gain of 14.63%. The stock opened with a gap up of 4.48% and reached an intraday high of Rs. 520.4, reflecting a robust increase during the trading session. Over the past year, IRIS Business Services has delivered an impressive return of 290.45%, significantly eclipsing the Sensex's performance, which recorded an increase of 8.15% in the same period. This strong performance has led to the stock being added to MarketsMOJO's list, highlighting its potential and market position. As the company continues to demonstrate strong financial metrics and performance indicators, the recent revision in its score reflects the growing confidence among investors and analysts alike.