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 strong gains. The stock outperformed its sector by 5.65%, closing at its highest intraday level of Rs.598. This price marks both a new 52-week and all-time high for the company, highlighting sustained investor confidence and market interest in its shares.

Simplex Castings has recorded gains for two consecutive trading sessions, accumulating a return of 6.39% over this period. The stock is currently trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a strong upward trend and positive technical momentum.

The broader market context also favours this rally. The Sensex opened higher at 85,470.92 points, gaining 284.45 points or 0.33%, and maintained a level above its 50-day and 200-day moving averages. The Sensex itself reached a new 52-week high of 85,292.92 points during the session, supported by gains in mega-cap stocks. This bullish market backdrop has contributed to the positive sentiment surrounding Simplex Castings.

Examining Simplex Castings’ performance over the past year reveals a remarkable return of 74.22%, significantly outpacing the Sensex’s 9.94% return during the same period. The stock’s 52-week low was Rs.189.85, indicating a substantial appreciation in value over the last twelve months. This strong price performance is supported by the company’s financial results and operational metrics.

Net sales for the quarter ending September 2025 stood at Rs.55.41 crores, reflecting a growth rate of 88.6% compared to the previous period. Operating profit to interest ratio reached a high of 6.03 times, indicating improved earnings relative to interest expenses. Profit before tax excluding other income was Rs.7.10 crores, showing a growth of 50.74%. These figures demonstrate the company’s ability to generate higher revenues and maintain profitability.

Simplex Castings’ 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 capital invested. The stock is trading at a discount compared to its peers’ average historical valuations, which may reflect market recognition of its growth trajectory and financial health.

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’s shares. This rise in promoter holding often signals a positive outlook from those closely involved in the business.

Over the last three years, Simplex Castings has consistently delivered returns that have outperformed the BSE500 index annually. The company’s profits have risen by 214.6% over the past year, underscoring a strong earnings growth trajectory. The price-to-earnings-to-growth (PEG) ratio stands at 0.1, reflecting the relationship between the company’s valuation and its earnings growth rate.

Despite these positive indicators, it is important to note that the company’s debt servicing capacity remains a consideration. The debt to EBITDA ratio is 4.22 times, which suggests a relatively high level of debt compared to earnings before interest, taxes, depreciation, and amortisation. This metric is a factor for ongoing monitoring in assessing the company’s financial stability.

Simplex Castings’ recent price action and financial disclosures illustrate a company experiencing strong growth and market recognition. The new 52-week high of Rs.598 is a testament to the stock’s upward momentum and the underlying business fundamentals that have supported this advance.

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