News and Views
Recent Price Movement and Market Comparison
The stock’s recent performance has been disappointing, particularly over the past week where it declined by 15.02%, sharply contrasting with the Sensex’s 1.37% gain during the same period. Year-to-date, IRIS Business has fallen by 30.42%, while the Sensex has risen by 9.59%. Over the last one year, the stock has underperformed significantly, delivering a negative return of 19.38% compared to the Sensex’s positive 10.38%. This persistent underperformance has weighed heavily on investor sentiment, contributing to the recent price decline.
On the day in question, the stock underperformed its sector by 2.18%, hitting an intraday low of ₹318.45. It is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-...
Read More
