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Iris Clothings Limited
Share Price Target & Analysis

NSE:IRISDOREME

82.65

VWAP

82.50

Open

82.5

Close

83.50

High

81.10

Low

110.90

52 Week High

82.95 ⇧
0.60 (0.73%)

IRISDOREME

(Miscellaneous)
36.3% Momentum

Turnaround Potential

67.05

52 Week Low

1.34

EPS

48.98

PE

11.88

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: IRISDOREME Share Price Financial Analysis & Valuation

Iris Clothings Limited (IRISDOREME) is broadly categorized in Miscellaneous segment industry which deals in Textiles vertical. It is one of Micro Cap company with Market Capitalization of Rs 321.1 (in Cr). Total number of free float shares are 0 (in Lacs). Iris Clothings Limited is listed on NSE with Exchange ID - INE01GN01025 and trading code is NSE:IRISDOREME with short name Iris Clothings .

In the past 1 year, Iris Clothings Limited has declared an equity dividend of Rs 0 per share. At the current share price of IRISDOREME at Rs 82.95, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:IRISDOREME, it is clearly understood that IRISDOREME is Economical performer in terms of earnings and profit margins with an EPS of 1.34. NSE:IRISDOREME book value per share as of today is 6.98. The current price to book ratio for IRISDOREME as of May 18, 2024 is 11.88.

Valuation of the Stock: The current valuation of IRISDOREME 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 IRISDOREME whether to BUY this stock at current valuation. The delivery percentage of IRISDOREME is 34.17% is very crucial parameter which shows that 34.17% investors are anticipating that the price of IRISDOREME share should go up with VWAP at 82.65.

Now, the main question is whether to BUY or SELL, NSE:IRISDOREME at current valuation.
As per latest Analysis No. #561:-

⇑ STRONG BUY IRISDOREME if All Greens

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

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

⇘ SELL IRISDOREME if NO Green Indicator

NSE: IRISDOREME Share Price Today (May 18, 2024)

(Iris Clothings Limited Daily Analysis on the basis of IRISDOREME Intraday Graph & Trend)

Iris Clothings Limited share price moved Up by 0.73% from its previous close of Rs 82.5. IRISDOREME stock last traded price is 82.95. IRISDOREME share price trend is Up with a total of 12958 stocks traded till now. It has touched an intraday high of Rs 83.50 and an intraday low of Rs 81.10. The IRISDOREME trading at 82.95, Up by Rs. 0.60, or 0.73 percent which suggests that most of the Traders are anticipating that the price of IRISDOREME share should go Up.

NSE: IRISDOREME Share Price Tomorrow Prediction

(Iris Clothings Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of IRISDOREME)

Iris Clothings Limited share price moved Up by 0.73%. IRISDOREME share price short term trend is Up. It suggests that IRISDOREME Share Price for Tomorrow remains the same with VWAP at 82.65 will be treated as stop loss for intraday traders. Iris Clothings Limited Long term investors can follow the IRISDOREME long term trend as mentiond in future forecast table.

NSE Code

NSE: IRISDOREME

IRISDOREME Share Price Today

 82.95

IRISDOREME Share Price Target Prediction for 2024 ^

 70.3 - 94.5

IRISDOREME Share Price Target Prediction for 2025*^

 94.5 - 118.7

IRISDOREME Share Price Target Prediction for 2026*^

 118.7 - 127

IRISDOREME Share Price Target Prediction for 2027*^

 133

IRISDOREME Share Price Target Prediction for 2028*^

 137

IRISDOREME Share Price Target Prediction for 2030*^

 150
IRISDOREME Current Book Value 2023
6.9

*Iris Clothings Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^IRISDOREME 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.

IRISDOREME Technical Analysis

Candlestick Pattern: @82.6

IRISDOREME Moving Averages

BUY (13) NEUTRAL (0) SELL (1)
MA Simple Action S1 Expo Action E2
MA_5 83.07 SELL 82.55 BUY
MA_12 80.3 BUY 81 BUY
MA_20 79.57 BUY 80.26 BUY
MA_32 78.79 BUY 79.62 BUY
MA_50 78.48 BUY 79.52 BUY
MA_100 80.85 BUY 79.87 BUY
MA_200 81.59 BUY 78.65 BUY

IRISDOREME Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 79.57 Uptrend
MACD 0.54 BUY
ADX 28.31 Strong Trend
DMI (+/-) 26.58 / 13.2 Uptrend

IRISDOREME Momentum Oscillators

BUY (2) NEUTRAL (10) SELL (0)
Momentum Oscillators Value Action
RSI 56.8 Neutral
STOCHASTIC_K (Fast) 43.68 Neutral
STOCHASTIC_D (Slow) 59.85 Neutral
CCI 68.53 Neutral
PSAR 77.98 BUY
TRUE RANGE 1.85 Neutral
ATR 3.17 Neutral
WILLIAMS R -52.48 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 28.76 Neutral
STOCHASTIC RSI D 49.61 Neutral
MOMENTUM 2.55 BUY

IRISDOREME Last 1 Year Trend

Duration Value
1 Year 12.6%
3 Months -4.4%
1 Month 3.19%
1 Week 5.02%

IRISDOREME Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 63%
NEUTRAL / HOLD 33%
SELL 3%

Most popular Questions & Answers about IRISDOREME


Iris Clothings Limited stock last traded price is 82.95. IRISDOREME share price moved Up by 0.73% from its previous close of Rs 82.5.

Iris Clothings Limited share price trend is Up with a total of 12958 stocks traded till now. It has touched an intraday high of Rs 112.009 and an intraday low of Rs 81.10. The IRISDOREME trading at 82.95, Up by Rs. 0.60, or 0.73 percent which suggests that most of the Traders are anticipating that the price of IRISDOREME share should go Up and the Stop Loss will be around 82.65.

The market cap of Iris Clothings Limited is ₹321.1 (in Cr) as of May 17, 2024.

The current price to earning ratio for Iris Clothings Limited as of May 17, 2024 is 48.98.

The current price to book ratio for Iris Clothings Limited as of May 17, 2024 is 11.88.

The highest price of Iris Clothings Limited stock is ₹110.90 in the last 52-week.

The lowest price of Iris Clothings Limited stock is ₹67.05 in the last 52-week.

Iris Clothings Limited share trading at ₹82.95, Up by Rs. 0.60, or 0.73 percent which suggests that most of the traders are anticipating that the price of IRISDOREME share should go Up.

In 2023, Stock price target for Iris Clothings Limited (IRISDOREME) are ₹70.3 on downside and ₹94.5 on upside. Iris Clothings Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Iris Clothings Limited (IRISDOREME) are ₹94.5 on downside and ₹118.7 on upside. Iris Clothings Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Iris Clothings Limited (IRISDOREME) are ₹118.7 on downside and ₹127 on upside. Iris Clothings 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 Clothings Limited (IRISDOREME) will be around ₹137 Iris Clothings Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of IRISDOREME.

As per the fundamental analysis of Iris Clothings Limited (IRISDOREME), it is of Economical quality in terms of earnings and profit margins with an EPS of 1.34. Iris Clothings Limited book value per share as of today is 6.98. The current price to book ratio for IRISDOREME as of May 18, 2024 is 11.88.


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


Peer Comparison of NSE: IRISDOREME

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

Sector: Textiles

Company Price EPS BV
SVPGLOB 6.60 0 1.83
ABCOTS 252.05 0 41.18
SWARAJ 227.95 0 36.07
IRISDOREME 82.95 1.34 6.98
LAGNAM 137.90 8.25 61.66
VINNY 4.50 0.18 1.16
LEMERITE 81.85 0 40.8
SHRITECH 69.95 0 17.52
JIWANRAM 15.45 0 17.9
KARNIKA 310.00 0 17.12
Updated at: 17 May 2024 15:53

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