Simplex Castings Ltd Achieves Significant Gains, Approaches 52-Week High Amid Strong Buying Activity

Sep 02 2025 12:10 PM IST
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Simplex Castings Ltd is experiencing notable buying interest, with the stock outperforming the Sensex recently. It has shown consistent gains over the past week and month, trading above key moving averages. The stock is nearing its 52-week high and has significantly increased over the past three years.
Simplex Castings Ltd is currently witnessing significant buying activity, with the stock gaining 4.99% today, outperforming the Sensex, which rose by only 0.37%. Over the past week, Simplex Castings has shown a robust performance, increasing by 9.12%, while the Sensex declined by 0.15%. This trend continues over a month, with Simplex Castings up 10.26% compared to a slight gain of 0.08% for the Sensex.

The stock has been on a positive trajectory, recording consecutive gains for the last three days, accumulating a total return of 9.95% during this period. Today, it reached an intraday high of Rs 400, marking a 4.78% increase. Notably, Simplex Castings is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

The stock is currently 3.52% away from its 52-week high of Rs 410 and has outperformed its sector by 2.15%. The impressive performance over various time frames, including a staggering 977.42% increase over three years, highlights the stock's strong market position within the microcap segment of the Other Industrial Products industry.
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