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

Oct 04 2024 10:35 AM IST
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IRIS Business Services, a leading BPO/ITeS company, has reached a 52-week high of Rs.360.35 on October 4th, 2024, showcasing its strong growth and potential in the industry. It has consistently outperformed the sector and is currently trading higher than its moving averages. With a remarkable 251.05% growth in the past year, it is a stock to watch out for in the market.

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.
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