Iris Clothings shares hit record high as Nippon India Equity buys stake
Iris Clothings stock rose 6% to a high of Rs 57.71 on Tuesday on NSE. Market cap of the firm rose to Rs 1074 crore
- Aug 11, 2026,
- Updated Aug 11, 2026 1:25 PM IST
Shares of Iris Clothings Ltd, engaged in manufacturing of kids wear, hit their record high on Tuesday. The rally in Iris Clothings stock came after Nippon India Equity Opportunities AIF bought 15 lakh shares of the firm at an average price of Rs 55 apiece on August 10, according to bulk deal data available on NSE. Value of the bulk deal amounts to Rs 8.25 crore.
Subsequently, Iris Clothings stock rose 6% to a high of Rs 57.71 on Tuesday on NSE. Market cap of the firm rose to Rs 1074 crore. The stock is not listed on BSE. The stock is overbought on charts with a RSI of 87. It is also trading higher than the 10 day, 20 day, 30 day, 50 day, 100 day, 150 day and 200 day simple moving averages.
According to Trendlyne's shareholding data, promoters held a majority 61.2% stake in the company at the end of the June quarter, while the remaining 38.1% was held by public shareholders.
Among public shareholders, more than 70 retail shareholders with investments of over ?2 lakh each collectively held a 20% stake in the company, while investors with investments of up to ?2 lakh held a 6% stake as of Q1FY27.
In Q1, net profit of Iris Clothings rose 52.47% to Rs 4.01 crore against Rs 2.63 crore during the previous quarter ended June 2025. Sales came 26.31% higher at Rs 47.24 crore in Q1 against Rs 37.40 crore during the previous quarter ended June 2025.
IRIS Clothings Ltd. is an Indian apparel manufacturer specializing in infant and children’s wear. The company operates as a fully integrated player, covering the entire lifecycle of garment production from design and fabric procurement to manufacturing and branding.
Shares of Iris Clothings Ltd, engaged in manufacturing of kids wear, hit their record high on Tuesday. The rally in Iris Clothings stock came after Nippon India Equity Opportunities AIF bought 15 lakh shares of the firm at an average price of Rs 55 apiece on August 10, according to bulk deal data available on NSE. Value of the bulk deal amounts to Rs 8.25 crore.
Subsequently, Iris Clothings stock rose 6% to a high of Rs 57.71 on Tuesday on NSE. Market cap of the firm rose to Rs 1074 crore. The stock is not listed on BSE. The stock is overbought on charts with a RSI of 87. It is also trading higher than the 10 day, 20 day, 30 day, 50 day, 100 day, 150 day and 200 day simple moving averages.
According to Trendlyne's shareholding data, promoters held a majority 61.2% stake in the company at the end of the June quarter, while the remaining 38.1% was held by public shareholders.
Among public shareholders, more than 70 retail shareholders with investments of over ?2 lakh each collectively held a 20% stake in the company, while investors with investments of up to ?2 lakh held a 6% stake as of Q1FY27.
In Q1, net profit of Iris Clothings rose 52.47% to Rs 4.01 crore against Rs 2.63 crore during the previous quarter ended June 2025. Sales came 26.31% higher at Rs 47.24 crore in Q1 against Rs 37.40 crore during the previous quarter ended June 2025.
IRIS Clothings Ltd. is an Indian apparel manufacturer specializing in infant and children’s wear. The company operates as a fully integrated player, covering the entire lifecycle of garment production from design and fabric procurement to manufacturing and branding.