IRIS Business Services soars on launching SaaS Platform `IRIS Myeinvois` in Malaysia
Iris Business Services is currently trading at Rs. 141.60, up by 2.20 points or 1.58% from its previous closing of Rs. 139.40 on the BSE.
The scrip opened at Rs. 140.00 and has touched a high and low of Rs. 142.40 and Rs. 138.75 respectively. So far 1221 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 162.75 on 12-Feb-2024 and a 52 week low of Rs. 71.26 on 19-May-2023.
Last one week high and low of the scrip stood at Rs. 150.00 and Rs. 131.55 respectively. The current market cap of the company is Rs. 269.12 crore.
The promoters holding in the company stood at 37.10%, while Institutions and Non-Institutions held 0.15% and 62.75% respectively.
IRIS Business Services has launched a SaaS Platform called ‘IRIS Myeinvois’ in Malaysia on April 29, 2024. IRIS Myeinvois is a SaaS platform providing comprehensive solution to end taxpayers in Malaysia for achieving eInvoice compliance as per Malaysia's tax regulator (LHDN) mandate. The platform has the ability to transform data from source systems into the required format for einvoice generation. Users can connect to the platform through multiple methods of API integration, file based SFTP integration, manual upload of files or manual entries directly on the portal. Other features of custom invoice templates, alerts, and analytics come are a part of the platform as well.
IRIS Business Services provides financial information, research, and training solutions to institutional, manufacturing, retail, and other industries in India and internationally.