News › Markets  ·  28 Aug 2026, 2:08 PM IST  ·  4 days ago

Textile stock inches close to 52-week high after Nippon Life India's stake buying

Bias: Neutral 0

In one line — Iris Clothing shares approached a 52-week high after Nippon Life India Asset Management acquired 11.53 lakh shares on 27 August 2026, at ₹57.10 each. Earlier, Nippon India Equity Opportunities AIF bought 15 lakh shares.

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Source: Mint · AI-summarised by Anadi · Updated 28 Aug 2026, 2:19 PM IST

What Happened

Iris Clothing shares approached a 52-week high after Nippon Life India Asset Management acquired 11.53 lakh shares on 27 August 2026, at ₹57.10 each. Earlier, Nippon India Equity Opportunities AIF bought 15 lakh shares. The company also reported a profit increase in Q1 FY27.