Iris Business Services is currently trading at upper limit of Rs. 295.80, up by 5.80 points or 2.00% from its previous closing of Rs. 290.00 on the BSE.
The scrip opened at Rs. 295.80 and has touched a high and low of Rs. 295.80 and Rs. 295.80 respectively. So far 258 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 302.00 on 12-Sep-2024 and a 52 week low of Rs. 92.25 on 28-Sep-2023.
Last one week high and low of the scrip stood at Rs. 296.00 and Rs. 287.15 respectively. The current market cap of the company is Rs. 588.78 crore.
The promoters holding in the company stood at 37.10%, while Institutions and Non-Institutions held 0.08% and 62.82% respectively.
IRIS Business Services has collaborated with the Government of Telangana to support growth of the MSME Ecosystem in the state. The collaboration will be a public private partnership under the terms of which IRIS will invest to create and deliver technology driven solutions, the costs of which the company may be allowed to recover through the levy of user charges.
The role of the government will be to provide appropriate administrative and policy support as required from time to time, and also help in creating awareness of the various initiatives to ensure percolation of the benefits therefrom to as many MSMEs as possible and to the maximum extent possible.
IRIS Business Services provides financial information, research, and training solutions to institutional, manufacturing, retail, and other industries in India and internationally.
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