Iris Clothings Limited
Share Price Target & Analysis
NSE:IRISDOREME
VWAP
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52 Week High
0.24 (0.38%)
IRISDOREME
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52 Week Low
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#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: @66.33MA | 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 |
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 |
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 |
Duration | Value |
---|---|
1 Year | -22.83% |
3 Months | 2.76% |
1 Month | -5.74% |
1 Week | -0.08% |
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 |