IRIS Business Services Ltd Hits Upper Circuit Limit Amid Strong Market Activity

Aug 20 2025 12:00 PM IST
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IRIS Business Services Ltd experienced significant trading activity, reaching its upper circuit limit and achieving a notable intraday high. The stock has gained over the past two days, outperforming its sector. However, investor participation has declined, with a drop in delivery volume compared to recent averages.
IRIS Business Services Ltd, a microcap player in the Software Products industry, has shown significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 341.9, reflecting a notable increase of 4.99% from the previous trading session. This surge contributed to a total price change of Rs 7.35, translating to a 2.26% increase in its last traded price of Rs 333.0.

The stock has been on a positive trajectory, gaining for the last two consecutive days and achieving a cumulative return of 9.46% during this period. In terms of trading volume, approximately 0.10517 lakh shares were exchanged, resulting in a turnover of Rs 0.3493 crore. The stock's performance today outpaced its sector by 3.85%, indicating a strong relative strength.

Despite a low price of Rs 317.1 during the day, the overall market position remains robust, with the stock trading above its 50-day and 100-day moving averages. However, it is worth noting that investor participation has seen a decline, with delivery volume dropping by 11.49% compared to the five-day average. Overall, IRIS Business Services Ltd's performance today underscores its current market strength and resilience.
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