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Iris Business Services Limited
Share Price Target & Analysis

NSE:IRIS

178.44

VWAP

167.20

Open

172.25

Close

180.85

High

164.65

Low

197.00

52 Week High

180.85 ⇧
8.60 (4.99%)

IRIS

(Miscellaneous)
87.1% Momentum

Trending & Favourite

71.50

52 Week Low

2.63

EPS

38.01

PE

11.32

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 180.85, 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 2.63. NSE:IRIS book value per share as of today is 15.98. The current price to book ratio for IRIS as of May 15, 2024 is 11.32.

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 51.88% is very crucial parameter which shows that 51.88% investors are anticipating that the price of IRIS share should go up with VWAP at 178.44.

Now, the main question is whether to BUY or SELL, NSE:IRIS at current valuation.
As per latest Analysis No. #642:-

⇑ 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 (May 15, 2024)

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

Iris Business Services Limited share price moved Up by 4.99% from its previous close of Rs 172.25. IRIS stock last traded price is 180.85. IRIS share price trend is Up with a total of 86077 stocks traded till now. It has touched an intraday high of Rs 180.85 and an intraday low of Rs 164.65. The IRIS trading at 180.85, Up by Rs. 8.60, or 4.99 percent which suggests that most of the Traders are anticipating that the price of IRIS share should go Up.

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 Up by 4.99%. IRIS share price short term trend is Up. It suggests that IRIS Share Price for Tomorrow remains the same with VWAP at 178.44 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

 180.85

IRIS Share Price Target Prediction for 2024 ^

 129.3 - 198

IRIS Share Price Target Prediction for 2025*^

 198 - 210.9

IRIS Share Price Target Prediction for 2026*^

 210.9 - 225.7

IRIS Share Price Target Prediction for 2027*^

 237

IRIS Share Price Target Prediction for 2028*^

 244

IRIS Share Price Target Prediction for 2030*^

 266
IRIS Current Book Value 2023
15.9

*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: @141.05

IRIS Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 139.46 BUY 139.15 BUY
MA_12 133.97 BUY 135.04 BUY
MA_20 130.4 BUY 132.81 BUY
MA_32 126.4 BUY 131.17 BUY
MA_50 129.86 BUY 130.82 BUY
MA_100 132.69 BUY 129.37 BUY
MA_200 119.42 BUY 119.91 BUY

IRIS Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 130.4 Uptrend
MACD 1.49 BUY
ADX 19.62 NO or Weak Trend
DMI (+/-) 27.16 / 14.68 Uptrend

IRIS Momentum Oscillators

BUY (3) NEUTRAL (7) SELL (2)
Momentum Oscillators Value Action
RSI 61.43 Neutral
STOCHASTIC_K (Fast) 40.71 Neutral
STOCHASTIC_D (Slow) 50.15 Neutral
CCI 87.15 Neutral
PSAR 135.2 BUY
TRUE RANGE 6.7 SELL
ATR 7.31 SELL
WILLIAMS R -29.96 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 58.74 Neutral
MOMENTUM 19.7 BUY

IRIS Last 1 Year Trend

Duration Value
1 Year 90.74%
3 Months 2.21%
1 Month 16.23%
1 Week -1.64%

IRIS Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 67%
NEUTRAL / HOLD 27%
SELL 7%

Most popular Questions & Answers about IRIS


Iris Business Services Limited stock last traded price is 180.85. IRIS share price moved Up by 4.99% from its previous close of Rs 172.25.

Iris Business Services Limited share price trend is Up with a total of 86077 stocks traded till now. It has touched an intraday high of Rs 198.97 and an intraday low of Rs 164.65. The IRIS trading at 180.85, Up by Rs. 8.60, or 4.99 percent which suggests that most of the Traders are anticipating that the price of IRIS share should go Up and the Stop Loss will be around 178.44.

The market cap of Iris Business Services Limited is ₹19362.3 (in Cr) as of May 14, 2024.

The current price to earning ratio for Iris Business Services Limited as of May 14, 2024 is 38.01.

The current price to book ratio for Iris Business Services Limited as of May 14, 2024 is 11.32.

The highest price of Iris Business Services Limited stock is ₹197.00 in the last 52-week.

The lowest price of Iris Business Services Limited stock is ₹71.50 in the last 52-week.

Iris Business Services Limited share trading at ₹180.85, Up by Rs. 8.60, or 4.99 percent which suggests that most of the traders are anticipating that the price of IRIS share should go Up.

In 2023, Stock price target for Iris Business Services Limited (IRIS) are ₹129.3 on downside and ₹198 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 ₹198 on downside and ₹210.9 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 ₹210.9 on downside and ₹225.7 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 ₹244 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.

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 2.63. Iris Business Services Limited book value per share as of today is 15.98. The current price to book ratio for IRIS as of May 15, 2024 is 11.32.


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 180.85 2.63 15.98
MAPMYINDIA 2005.05 23.55 98.99
NAZARA 613.10 0 120.2
NPST 1339.10 13.78 19.98
CMSINFO 403.25 19.67 92.47
RATEGAIN 693.35 2.06 55.9
VIVO 85.95 0 70.82
SUBEXLTD 29.95 0 3.81
RICHA 87.10 0 54.93
AIRAN 25.05 0.79 8.27
Updated at: 14 May 2024 15:50

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