IRIS Business Services Shines in Stock Market, Receives 'Buy' Call from MarketsMOJO

Oct 08 2024 11:20 AM IST
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IRIS Business Services, a leading BPO/ITeS company, has reached an all-time high in the stock market on October 8th, 2024. MarketsMojo has given a 'Buy' call for the company, which has been a reliable performer since May 21st, 2024. Despite a slight underperformance today, the stock is still trading close to its 52-week high and is currently above all its moving averages. The BPO/ITeS sector has also seen a positive gain of 2.43%, highlighting the industry's growth. In the past year, IRIS Business Services has outperformed the Sensex, solidifying its position as a top player in the market. With its consistent growth and strong performance, the company is a stock to watch out for in the BPO/ITeS industry.

IRIS Business Services, a leading BPO/ITeS company, has been making waves in the stock market with its recent performance. On October 8th, 2024, the company's stock price reached an all-time high, showcasing its strong growth and potential in the industry.

MarketsMOJO, a trusted stock analysis platform, has given a 'Buy' call for IRIS Business Services, further solidifying its position as a reliable performer in the market. The stock has been a part of MarketsMOJO's Reliable Performers list since May 21st, 2024, indicating its consistent performance.

Despite a slight underperformance in the sector today, IRIS Business Services is still trading close to its 52-week high of Rs 362, with a minimal difference of 2.4%. The stock opened at 353.5 and has maintained this price throughout the day.

In terms of moving averages, IRIS Business Services is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showcasing its strong upward trend.

The BPO/ITeS sector has also seen a positive gain of 2.43%, further highlighting the overall growth and potential of the industry.

In the past year, IRIS Business Services has shown an impressive performance of 255.12%, outperforming the Sensex's performance of 23.44%. This further solidifies the company's position as a top player in the market.

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