# Nippon India Equity buys 15 lakh Iris Clothings shares

2026-08-10T16:41:05+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Nippon India Equity Opportunities AIF has bought 15 lakh shares of Iris Clothings at an average price of Rs 55 apiece through a bulk deal on the NSE. The transaction has drawn market attention to the small-cap stock, which has been on a sustained rally for over a year. Iris Clothings shares have surged 250% in five years and hit a fresh record high of Rs 56.25 on Tuesday. The stock gained 346% in 2022 and is up 47% in 2025 so far. Promoters held 61.2% stake at the end of June quarter, while public shareholders held 38.1%, with over 70 retail investors holding more than Rs 2 lakh each accounting for 20%.

## Coverage

- livemint.com <https://www.livemint.com/market/stock-market-news/nippon-india-equity-buys-stake-in-iris-clothings-that-has-risen-250-in-five-years-11786372512339.html>

Tags: bulk deal, institutional investment, Iris Clothings, Nippon India, small-cap, stock rally
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