Simplex Castings Hits New 52-Week High of Rs. 547.7
Simplex Castings achieved a new 52-week high of Rs. 547.7 on October 30, 2025, reflecting strong market performance. The stock has shown significant gains over the past two days and has outperformed its sector. The company reported substantial growth in net profit and sales, bolstering its financial position.
Simplex Castings has reached a significant milestone by hitting a new 52-week high of Rs. 547.7 on October 30, 2025. This achievement marks a notable increase of 8.25% during the trading day, reflecting the stock's strong performance in the market. Over the past two days, Simplex Castings has demonstrated a consecutive gain of 6.03%, outperforming its sector by 3.44%.The stock's performance is further underscored by its trading position above key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. In the context of the broader market, the Sensex has experienced a decline, falling by 352.18 points to 84,398.72, yet Simplex Castings has managed to maintain its upward trajectory.
In the past year, Simplex Castings has delivered impressive returns of 65.35%, significantly outpacing the Sensex's performance of 5.62%. The company has also reported substantial growth in net profit and sales, indicating a robust financial position. With rising promoter confidence, as evidenced by an increase in their stake, Simplex Castings continues to solidify its standing in the industrial products sector.
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