Simplex Castings Hits New 52-Week High of Rs.598, Marking Strong Market Momentum

On 20 Nov 2025, Simplex Castings opened with a notable gap up of 9.71%, setting the tone for a day of gains that culminated in the stock hitting its all-time high price of Rs.598. This price point represents a substantial rise from its 52-week low of Rs.189.85, highlighting a remarkable trajectory over the past year.

The stock has recorded gains for two consecutive trading sessions, delivering a cumulative return of 6.39% during this period. Today’s performance outpaced its sector peers by 5.65%, signalling relative strength within the Other Industrial Products industry. Furthermore, Simplex Castings is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating sustained upward momentum across multiple timeframes.

Simplex Castings’ market capitalisation reflects its standing within the Other Industrial Products sector, supported by a market cap grade of 4. The stock’s performance over the last year has been particularly notable, with a return of 74.22% compared to the Sensex’s 9.94% during the same period. This outperformance is further emphasised by the Sensex itself reaching a new 52-week high of 85,292.92 points today, supported by gains in mega-cap stocks and a bullish trend in moving averages.

Financially, Simplex Castings has demonstrated healthy long-term growth. Net sales have expanded at an annual rate of 31.10%, with the most recent quarterly net sales figure standing at Rs.55.41 crores, reflecting an 88.6% increase. Operating profit to interest coverage reached a high of 6.03 times, while profit before tax excluding other income was Rs.7.10 crores, showing growth of 50.74% in the quarter. These figures indicate a solid operational foundation supporting the stock’s price movement.

The company’s return on capital employed (ROCE) is reported at 21%, accompanied by an enterprise value to capital employed ratio of 3.8, suggesting a valuation that remains reasonable relative to its capital base. Compared to its peers, Simplex Castings is trading at a discount to average historical valuations, which may be a factor in its recent market performance.

Promoter confidence in the company appears to be strengthening, with promoters increasing their stake by 0.75% over the previous quarter to hold 53.11% of the company. This shift in shareholding reflects a positive market assessment of the company’s prospects and governance.

Over the past year, Simplex Castings has not only delivered strong returns but also demonstrated consistent profitability growth, with profits rising by 214.6%. The company’s price-to-earnings-to-growth (PEG) ratio stands at 0.1, indicating that earnings growth has been substantial relative to its price appreciation.

Despite these positive indicators, the company’s debt servicing capacity warrants attention. The debt to EBITDA ratio is currently at 4.22 times, which suggests a relatively high leverage level. This factor is important for stakeholders to consider when analysing the company’s financial health.

Simplex Castings has also shown consistent returns over the last three years, outperforming the BSE500 index in each annual period. This track record of steady performance adds context to the stock’s recent price milestone and overall market standing.

In summary, Simplex Castings’ rise to a new 52-week high of Rs.598 is supported by strong sales growth, improving profitability metrics, and positive market dynamics. The stock’s performance relative to sector peers and the broader market highlights its momentum within the Other Industrial Products sector.

Get 2 full years of MojoOne Premium for only Rs. 12,999. Subscribe for 1 year and we'll add another year FREE. Offer valid for a limited time. Start Saving Now →