On 20 Nov 2025, Simplex Castings opened with a notable gap up of 9.71%, setting the tone for a day of strong gains. The stock outperformed its sector by 5.65% and has recorded consecutive gains over the past two sessions, delivering a cumulative return of 6.39% during this period. Intraday, the share price peaked at Rs.598, marking the highest level seen in the past year and surpassing all previous records.
Technical indicators support this upward trajectory, with Simplex Castings trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This alignment of moving averages often signals sustained positive momentum and investor confidence in the stock’s price action.
The broader market context also favours this development. The Sensex opened higher at 85,470.92 points, gaining 284.45 points or 0.33%, and maintained a level near its own 52-week high of 85,292.92 points. The index’s position above its 50-day and 200-day moving averages, with the 50 DMA above the 200 DMA, indicates a bullish market environment. Mega-cap stocks led the gains, contributing to the Sensex’s 0.12% rise by mid-session.
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Examining Simplex Castings’ year-long performance reveals a substantial return of 74.22%, significantly outpacing the Sensex’s 9.94% over the same period. The stock’s 52-week low was Rs.189.85, highlighting the scale of appreciation witnessed in the last twelve months. This growth is supported by the company’s financial results, which have shown consistent positive trends.
Net sales for the quarter stood at Rs.55.41 crores, reflecting an 88.6% increase compared to the previous period. Operating profit to interest ratio reached a peak of 6.03 times, indicating a strong buffer to cover interest expenses. Profit before tax excluding other income was Rs.7.10 crores, representing a 50.74% rise. These figures contribute to the company’s positive results for six consecutive quarters, underscoring steady operational performance.
Return on capital employed (ROCE) is reported at 21%, with an enterprise value to capital employed ratio of 3.8, suggesting a fair valuation relative to the company’s capital base. When compared to peers, Simplex Castings is trading at a discount to average historical valuations, which may be a factor in its recent price appreciation.
Promoter confidence appears to be strengthening, with promoters increasing their stake by 0.75% in the previous quarter, now holding 53.11% of the company’s equity. This incremental stake acquisition often reflects a positive internal outlook on the company’s prospects.
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Over the past three years, Simplex Castings has consistently delivered returns that have outperformed the BSE500 index annually. This track record of steady returns complements the recent surge to new highs, reflecting the company’s ability to maintain growth and profitability over multiple periods.
Despite these positive indicators, the company’s debt servicing capacity warrants attention. The debt to EBITDA ratio stands at 4.22 times, indicating a relatively high leverage level. This metric suggests that while the company is growing, its ability to cover debt obligations from earnings before interest, tax, depreciation, and amortisation is limited, which may be a consideration for risk assessment.
In summary, Simplex Castings’ attainment of a new 52-week high at Rs.598 is supported by strong quarterly financials, favourable technical indicators, and a positive market environment. The stock’s performance over the last year and the consistent quarterly results highlight its position within the Other Industrial Products sector. Investors and market watchers will note the combination of growth metrics and valuation factors that have contributed to this milestone.
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