IRIS Business Services Reaches All-Time High, Receives 'Buy' Call from MarketsMOJO

Sep 28 2024 09:21 AM IST
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IRIS Business Services, a leading BPO/ITeS company, has seen a surge in its stock price, reaching an all-time high on September 28, 2024. This has caught the attention of stock analysis platform MarketsMojo, which has given a 'Buy' call for the stock. With a 52-week high of Rs.333 and consistent gains, IRIS Business Services is a strong performer in the BPO/ITeS industry.

IRIS Business Services, a leading BPO/ITeS company, has recently reached an all-time high in its stock price on September 28, 2024. This positive trend has caught the attention of MarketsMOJO, a renowned stock analysis platform, which has given a 'Buy' call for the stock. In fact, IRIS Business Services has been a part of MarketsMOJO's list of Reliable Performers since May 21, 2024.

The stock has been performing exceptionally well, with a new 52-week high of Rs.333 being hit today. It has also outperformed the sector by 3.18% and has been on a consecutive gain streak for the past 9 days, with a remarkable 15.97% increase in returns during this period. The stock has maintained a steady price of 333 since its opening, indicating strong investor interest.

Moreover, IRIS Business Services is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for the company's future performance.

In comparison to the Sensex, IRIS Business Services has shown an impressive 1-year performance of 248.33%, while the Sensex has only recorded a 29.42% growth. This showcases the company's strong potential and growth in the BPO/ITeS industry.

With its consistent growth and positive performance, IRIS Business Services is definitely a stock to watch out for in the microcap category. Investors can consider adding this stock to their portfolio for potential long-term gains.
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