NIFTY 23907.25 BANK 51135.40

Iris Business Services Limited
Share Price Target & Analysis

NSE:IRIS

390.39

VWAP

0

Open

392.5

Close

392.55

High

389.25

Low

441.2

52 Week High

389.25 ⇩
-3.25 (-0.83%)

IRIS

(Miscellaneous)
84.5% Momentum

Trending & Favourite

106.15

52 Week Low

6.31

EPS

56.39

PE

17.65

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: IRIS Share Price Financial Analysis & Valuation

Iris Business Services Limited (IRIS) is broadly categorized in Miscellaneous segment industry which deals in Software vertical. It is one of Micro Cap company with Market Capitalization of Rs 19362.3 (in Cr). Total number of free float shares are 0 (in Lacs). Iris Business Services Limited is listed on NSE with Exchange ID - INE864K01010 and trading code is NSE:IRIS with short name IRIS Business S.

In the past 1 year, Iris Business Services Limited has declared an equity dividend of Rs 0 per share. At the current share price of IRIS at Rs 389.25, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:IRIS, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine IRIS underlying value and future prospects. All of this data is available in IRIS financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:IRIS, it is clearly understood that IRIS is Economical performer in terms of earnings and profit margins with an EPS of 6.31. NSE:IRIS book value per share as of today is 22.05. The current price to book ratio for IRIS as of Nov 23, 2024 is 17.65.

Valuation of the Stock: The current valuation of IRIS stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of IRIS whether to BUY this stock at current valuation. The delivery percentage of IRIS is 47.12% is very crucial parameter which shows that 47.12% investors are anticipating that the price of IRIS share should go up with VWAP at 390.39.

Now, the main question is whether to BUY or SELL, NSE:IRIS at current valuation.
As per latest Analysis No. #888:-

⇑ STRONG BUY IRIS if All Greens

⇗ BUY IRIS (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD IRIS (With Stop Loss) if only 1 Green

⇘ SELL IRIS if NO Green Indicator

NSE: IRIS Share Price Today (Nov 23, 2024)

(Iris Business Services Limited Daily Analysis on the basis of IRIS Intraday Graph & Trend)

Iris Business Services Limited share price moved Down by -0.83% from its previous close of Rs 392.5. IRIS stock last traded price is 389.25. IRIS share price trend is Down with a total of 4443 stocks traded till now. It has touched an intraday high of Rs 392.55 and an intraday low of Rs 389.25. The IRIS trading at 389.25, Down by Rs. -3.25, or -0.83 percent which suggests that most of the Traders are anticipating that the price of IRIS share should go Down.

NSE: IRIS Share Price Tomorrow Prediction

(Iris Business Services Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of IRIS)

Iris Business Services Limited share price moved Down by -0.83%. IRIS share price short term trend is Down. It suggests that IRIS Share Price for Tomorrow remains the same with VWAP at 390.39 will be treated as stop loss for intraday traders. Iris Business Services Limited Long term investors can follow the IRIS long term trend as mentiond in future forecast table.

NSE Code

NSE: IRIS

IRIS Share Price Today

 389.25

IRIS Share Price Target Prediction for 2024 ^

 264.1 - 443.4

IRIS Share Price Target Prediction for 2025*^

 443.4 - 472.3

IRIS Share Price Target Prediction for 2026*^

 472.3 - 505.4

IRIS Share Price Target Prediction for 2027*^

 531

IRIS Share Price Target Prediction for 2028*^

 546

IRIS Share Price Target Prediction for 2030*^

 595
IRIS Current Book Value 2023
21.9

*Iris Business Services Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^IRIS share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

IRIS Technical Analysis

Candlestick Pattern: @405

IRIS Moving Averages

BUY (11) NEUTRAL (0) SELL (3)
MA Simple Action S1 Expo Action E2
MA_5 414.84 SELL 412.42 SELL
MA_12 407.51 SELL 403.08 BUY
MA_20 379.95 BUY 391.47 BUY
MA_32 371.9 BUY 371.61 BUY
MA_50 347.39 BUY 352.89 BUY
MA_100 309.15 BUY 317.22 BUY
MA_200 229.08 BUY 253.05 BUY

IRIS Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 379.95 Uptrend
MACD 0.15 BUY
ADX 37.47 Strong Trend
DMI (+/-) 49.25 / 26.1 Uptrend

IRIS Momentum Oscillators

BUY (4) NEUTRAL (4) SELL (4)
Momentum Oscillators Value Action
RSI 60.66 Neutral
STOCHASTIC_K (Fast) -5.49 Oversold
STOCHASTIC_D (Slow) -4.32 Oversold
CCI 12.74 Neutral
PSAR 398.17 BUY
TRUE RANGE 3.4 BUY
ATR 11.27 BUY
WILLIAMS R -29.88 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM 46.7 BUY

IRIS Last 1 Year Trend

Duration Value
1 Year 228.33%
3 Months 62.95%
1 Month 13.03%
1 Week -6.9%

IRIS Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 63%
NEUTRAL / HOLD 13%
SELL 23%

Most popular Questions & Answers about IRIS


Iris Business Services Limited stock last traded price is 389.25. IRIS share price moved Down by -0.83% from its previous close of Rs 392.5.

Iris Business Services Limited share price trend is Down with a total of 4443 stocks traded till now. It has touched an intraday high of Rs 445.612 and an intraday low of Rs 389.25. The IRIS trading at 389.25, Down by Rs. -3.25, or -0.83 percent which suggests that most of the Traders are anticipating that the price of IRIS share should go Down and the Stop Loss will be around 390.39.

The market cap of Iris Business Services Limited is ₹19362.3 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Iris Business Services Limited as of Nov 22, 2024 is 56.39.

The current price to book ratio for Iris Business Services Limited as of Nov 22, 2024 is 17.65.

The highest price of Iris Business Services Limited stock is ₹441.2 in the last 52-week.

The lowest price of Iris Business Services Limited stock is ₹106.15 in the last 52-week.

Iris Business Services Limited share trading at ₹389.25, Down by Rs. -3.25, or -0.83 percent which suggests that most of the traders are anticipating that the price of IRIS share should go Down.

In 2023, Stock price target for Iris Business Services Limited (IRIS) are ₹264.1 on downside and ₹443.4 on upside. Iris Business Services Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Iris Business Services Limited (IRIS) are ₹443.4 on downside and ₹472.3 on upside. Iris Business Services Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Iris Business Services Limited (IRIS) are ₹472.3 on downside and ₹505.4 on upside. Iris Business Services Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Iris Business Services Limited (IRIS) will be around ₹546 Iris Business Services Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of IRIS.

The price of Iris Business Services Limited (IRIS) shares moved by -0.83%. The short-term trend for IRIS share price is Down. It implies that the share price of IRIS will stay the same tomorrow and that intraday traders should treat VWAP at 390.39 as a stop loss. Investors with a long-term outlook can track IRIS long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of IRIS stock is 75.7. Compared to the current market price of 389.25 INR, the IRIS stock is Overvalued by 80.6%.

As per the fundamental analysis of Iris Business Services Limited (IRIS), it is of Economical quality in terms of earnings and profit margins with an EPS of 6.31. Iris Business Services Limited book value per share as of today is 22.05. The current price to book ratio for IRIS as of Nov 23, 2024 is 17.65.


NSE:IRIS News & Other Useful Information about IRIS Share Price


Peer Comparison of NSE: IRIS

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Software

Company Price EPS BV
IRIS 389.25 6.31 22.05
MAPMYINDIA 1597.60 25.49 120.58
NAZARA 920.05 0 209.43
NPST 3021.80 25.96 29.67
CMSINFO 477.45 22.73 115.03
RATEGAIN 690.00 5.28 109.45
VIVO 75.70 0 67.5
SUBEXLTD 22.94 0 3.74
RICHA 92.35 0 48.76
EMUDHRA 874.40 2.54 63.89
Updated at: 22 Nov 2024 15:15

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