IRIS Business Services Faces Selling Pressure Amid Market Volatility and Sector Decline

Mar 17 2025 12:45 PM IST
share
Share Via
IRIS Business Services Ltd is experiencing notable selling pressure, reversing a six-day gain with a 2.00% decline. Despite this, the stock has outperformed its sector today and has shown significant gains over the past week and month. The stock remains volatile, trading within a narrow range.
IRIS Business Services Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable trend reversal, falling by 2.00% after six consecutive days of gains. This decline comes amidst a broader market context where the Sensex has shown a modest increase of 0.29%.

In terms of performance metrics, IRIS Business Services has outperformed its sector by 0.93% today, despite the overall downturn. Over the past week, the stock has gained 8.28%, contrasting with a slight decline of 0.10% in the Sensex. However, the stock's performance over the last month shows a gain of 12.59%, while the Sensex has decreased by 2.57%.

The stock has been highly volatile today, with an intraday volatility of 474.45%. It touched a day's low of Rs 428.8, trading within a narrow range of Rs 0.2. Despite being above its 5-day, 20-day, 100-day, and 200-day moving averages, it remains below the 50-day moving average. The BPO/ITeS sector overall has declined by 2.9%, potentially contributing to the selling pressure on IRIS Business Services.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News