Simplex Castings Achieves 52-Week High Amid Strong Market Performance and Resilience

Jul 03 2025 09:37 AM IST
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Simplex Castings has achieved a new 52-week high of Rs. 373.85, reflecting strong performance with an 11.58% gain over three days. The stock is trading above key moving averages, indicating positive momentum. Over the past year, it has delivered a remarkable return of 78.21%.
Simplex Castings has made headlines today as its stock price reached a new 52-week high of Rs. 373.85, marking a significant milestone for the microcap company in the Other Industrial Products sector. This achievement comes after a strong performance over the past three days, during which the stock has gained 11.58%, outperforming its sector by 3.39%.

The stock's intraday high of Rs. 373.85 reflects a 3.96% increase for the day, indicating robust trading activity. Notably, Simplex Castings is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price momentum.

In the broader market context, the Sensex opened positively but has since dipped, currently trading at 83,360.98, down 0.06%. Despite this, the BSE Mid Cap index is showing resilience, gaining 0.1% today. Over the past year, Simplex Castings has delivered an impressive return of 78.21%, significantly outpacing the Sensex's performance of 4.24%. The stock's 52-week low stands at Rs. 189.85, highlighting its substantial growth over the year.
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