Iris Business Services' Stock Reaches 52-Week High, Outperforms Sector and Sensex

Nov 05 2024 09:35 AM IST
share
Share Via
IRIS Business Services, a leading BPO/ITeS company, has reached a new milestone as its stock price hit a 52-week high on November 5th, 2024. The company has consistently performed well, with a 'Buy' call from MarketsMojo and outperforming the sector by 5.1%. Its stock has been on a consecutive upward trend for 7 days, with a remarkable 40.38% increase. IRIS is currently trading above its moving averages and has shown an impressive 1-year performance of 290.65%, highlighting its strong growth potential.

IRIS Business Services, a leading BPO/ITeS company, has recently reached a new milestone as its stock price touched a 52-week high on November 5th, 2024. This positive development has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

The company has also been consistently performing well, being a part of the Reliable Performers list on MarketsMOJO since May 21st, 2024. This further solidifies IRIS Business Services' position as a reliable and profitable investment option.

In terms of price performance, the stock has outperformed the sector by 5.1% and has been on a consecutive upward trend for the past 7 days, with a remarkable 40.38% increase in returns during this period. On the day of the 52-week high, the stock reached an intraday high of Rs 445.75, a 4.99% increase from the previous day.

Moreover, IRIS Business Services is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong and sustained uptrend in its stock price.

In comparison to the Sensex, IRIS Business Services has shown an impressive 1-year performance of 290.65%, while the Sensex has only recorded a 22.30% increase. This further highlights the company's strong growth potential and its ability to outperform the market.

With its consistent performance and positive market sentiment, 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.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News