Iris Clothings Limited
Share Price Target & Analysis

NSE:IRISDOREME

62.7

VWAP

63.1

Open

62.64

Close

63.51

High

62.16

Low

90.9

52 Week High

62.88
0.24 (0.38%)

IRISDOREME

(Miscellaneous)
8.3% Momentum

Watch Carefully

60.36

52 Week Low

1.44

EPS

62.46

PE

7.42

PB

Economical
Quality

Gold
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 62.88, 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 1.44. NSE:IRISDOREME book value per share as of today is 8.48. The current price to book ratio for IRISDOREME as of Nov 23, 2024 is 7.42.

Valuation of the Stock: The current valuation of IRISDOREME stock is like Gold which means currently the stock is Overpriced. 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 56.12% is very crucial parameter which shows that 56.12% investors are anticipating that the price of IRISDOREME share should go up with VWAP at 62.7.

Now, the main question is whether to BUY or SELL, NSE:IRISDOREME at current valuation.
As per latest Analysis No. #815:-

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 (Nov 23, 2024)

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

Iris Clothings Limited share price moved Up by 0.38% from its previous close of Rs 62.64. IRISDOREME stock last traded price is 62.88. IRISDOREME share price trend is Up with a total of 109170 stocks traded till now. It has touched an intraday high of Rs 63.51 and an intraday low of Rs 62.16. The IRISDOREME trading at 62.88, Up by Rs. 0.24, or 0.38 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 0.38%. IRISDOREME share price short term trend is Up. It suggests that IRISDOREME Share Price for Tomorrow remains the same with VWAP at 62.7 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

62.88

IRISDOREME Share Price Target Prediction for 2024 ^

63.3 - 80.3

IRISDOREME Share Price Target Prediction for 2025*^

80.3 - 97.3

IRISDOREME Share Price Target Prediction for 2026*^

97.3 - 104.1

IRISDOREME Share Price Target Prediction for 2027*^

109

IRISDOREME Share Price Target Prediction for 2028*^

112

IRISDOREME Share Price Target Prediction for 2030*^

123
IRISDOREME Current Book Value 2023
8.4

*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: @66.33

IRISDOREME Moving Averages

BUY (5) NEUTRAL (0) SELL (9)
MA Simple Action S1 Expo Action E2
MA_5 65.27 BUY 65.5 BUY
MA_12 66.29 BUY 66.11 BUY
MA_20 66.17 BUY 66.66 SELL
MA_32 68.01 SELL 67.52 SELL
MA_50 69.94 SELL 68.09 SELL
MA_100 67.77 SELL 69.2 SELL
MA_200 73.29 SELL 71.67 SELL

IRISDOREME Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 66.17 Uptrend
MACD 0 Strong BUY
ADX 17.36 NO or Weak Trend
DMI (+/-) 18.04 / 20.01 Downtrend

IRISDOREME Momentum Oscillators

BUY (2) NEUTRAL (8) SELL (2)
Momentum Oscillators Value Action
RSI 47.69 Neutral
STOCHASTIC_K (Fast) 42.22 Neutral
STOCHASTIC_D (Slow) 23.17 Neutral
CCI -52.19 Neutral
PSAR 68.98 SELL
TRUE RANGE 3.71 Neutral
ATR 2.79 BUY
WILLIAMS R -48.49 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 46.8 Neutral
MOMENTUM -4.04 SELL

IRISDOREME Last 1 Year Trend

Duration Value
1 Year -22.83%
3 Months 2.76%
1 Month -5.74%
1 Week -0.08%

IRISDOREME Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 30%
NEUTRAL / HOLD 30%
SELL 40%

Most popular Questions & Answers about IRISDOREME


Iris Clothings Limited stock last traded price is 62.88. IRISDOREME share price moved Up by 0.38% from its previous close of Rs 62.64.

Iris Clothings Limited share price trend is Up with a total of 109170 stocks traded till now. It has touched an intraday high of Rs 91.809 and an intraday low of Rs 62.16. The IRISDOREME trading at 62.88, Up by Rs. 0.24, or 0.38 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 62.7.

The market cap of Iris Clothings Limited is ₹321.1 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Iris Clothings Limited as of Nov 22, 2024 is 62.46.

The current price to book ratio for Iris Clothings Limited as of Nov 22, 2024 is 7.42.

The highest price of Iris Clothings Limited stock is ₹90.9 in the last 52-week.

The lowest price of Iris Clothings Limited stock is ₹60.36 in the last 52-week.

Iris Clothings Limited share trading at ₹62.88, Up by Rs. 0.24, or 0.38 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 ₹63.3 on downside and ₹80.3 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 ₹80.3 on downside and ₹97.3 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 ₹97.3 on downside and ₹104.1 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 ₹112 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.

The price of Iris Clothings Limited (IRISDOREME) shares moved by 0.38%. The short-term trend for IRISDOREME share price is Up. It implies that the share price of IRISDOREME will stay the same tomorrow and that intraday traders should treat VWAP at 62.7 as a stop loss. Investors with a long-term outlook can track IRISDOREME long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of IRISDOREME stock is 17.3. Compared to the current market price of 62.88 INR, the IRISDOREME stock is Overvalued by 72.5%.

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 1.44. Iris Clothings Limited book value per share as of today is 8.48. The current price to book ratio for IRISDOREME as of Nov 23, 2024 is 7.42.


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 5.15 0 -7.92
ABCOTS 358.00 0 45.88
SWARAJ 232.45 0 54.57
IRISDOREME 62.88 1.44 8.48
LAGNAM 108.26 7.85 61.66
VINNY 1.75 0.04 1.67
LEMERITE 226.00 0 40.91
SHRITECH 58.15 0 33.62
JIWANRAM 15.25 0 49.94
KARNIKA 284.00 0 42.83
Updated at: 22 Nov 2024 15:45

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