IRIS Business Services' Stock Hits 52-Week High, Outperforms Sector and Sensex

IRIS Business Services, a leading BPO/ITeS company, has been making waves in the stock market with its recent performance. On October 4th, 2024, the company's stock price reached a 52-week high, hitting Rs.360.35. This has been a significant milestone for the company, showcasing its strong growth and potential in the industry. MarketsMOJO, a renowned stock analysis platform, has given a 'Buy' call for IRIS Business Services, further solidifying its position as a reliable performer. The stock has been a part of MarketsMOJO's Reliable Performers list since May 21st, 2024, and has consistently shown positive growth. In today's trading, IRIS Business Services outperformed the sector by 2.13%, showcasing its strong performance in the market. The stock has been on a 13-day gaining streak, with a remarkable 25.49% increase in returns during this period. It opened with a 2% gain and touched an intraday high of Rs.360.35, with no significant range in its trading. Moreover, IRIS Business Services is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price. In the past year, IRIS Business Services has shown an impressive 251.05% growth, outperforming the Sensex's performance of 26.41%. This further highlights the company's strong potential and growth in the BPO/ITeS industry. With its recent achievements and consistent positive performance, IRIS Business Services is definitely a stock to watch out for in the market. Investors can consider adding it to their portfolio for long-term growth potential.