IRIS Business Services' Stock Hits All-Time High, Rated 'Buy' by MarketsMOJO.
IRIS Business Services, a leading BPO/ITeS company, has reached an all-time high in its stock price of Rs.385.7 on October 11, 2024. According to MarketsMojo, the stock is currently rated as a 'Buy' and has been listed as a Reliable Performer since May 21, 2024. The company has outperformed its sector and has been trading above its moving averages, showing a strong upward trend. In the past year, IRIS Business Services has shown an impressive 261.31% performance, making it a promising company 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 October 11, 2024, the company's stock price hit Rs.385.7, which is the highest it has ever been. This positive trend has caught the attention of MarketsMOJO, a trusted source for stock analysis and recommendations.
According to MarketsMOJO, IRIS Business Services' stock is currently rated as a 'Buy'. The company has also been listed as a Reliable Performer on MarketsMOJO since May 21, 2024. This is a testament to the company's consistent performance and potential for growth.
In terms of price performance, IRIS Business Services has outperformed its sector by 1.04% today. The stock has also been on a consecutive gain streak for the past four days, with a 7.03% increase in returns during this period. Additionally, the stock has been trading at a steady price of Rs.385.7 since its opening.
Furthermore, IRIS Business Services is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward trend in the company's stock price.
In comparison to the Sensex, a benchmark index for the Indian stock market, IRIS Business Services has shown an impressive 261.31% performance in the past year. This is significantly higher than the Sensex's performance of 22.67% during the same period.
Overall, IRIS Business Services has shown a remarkable growth in its stock price and has been consistently performing well. With its strong position in the BPO/ITeS industry and positive market sentiment, the company is definitely one to watch out for in the future.
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