IRIS Business Services' Stock Reaches All-Time High, Listed as 'Buy' by MarketsMOJO

IRIS Business Services, a microcap company in the BPO/ITeS industry, has been making waves in the stock market with its recent performance. On September 26, 2024, the company's stock price reached an all-time high, making it a hot topic among investors.

According to MarketsMOJO, a leading stock market analysis platform, IRIS Business Services' stock has been given a 'Buy' call. It has also been listed as one of the Reliable Performers on the platform since May 21, 2024.

The stock's performance has been impressive, with a 52-week and all-time high of Rs. 326.5, which was hit today. It has also outperformed the sector by 2.84% and has been on a consecutive gain for the last 8 days, with a 13.7% return in that period. The stock opened with a gain of 2% today and touched an intraday high of Rs. 326.5.

One notable aspect of IRIS Business Services' stock is that it has been consistently trading above its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a strong and sustained uptrend in the stock's performance.

In comparison to the Sensex, a benchmark index for the Indian stock market, IRIS Business Services has shown a remarkable 1-year performance of 240.81%, while the Sensex has only grown by 29.60% in the same period.

With its impressive performance and positive outlook, IRIS Business Services is definitely a stock to watch out for in the BPO/ITeS industry. Investors may want to consider adding it to their portfolio for potential growth and returns.