Simplex Infrastructures Hits 52-Week High, Given 'Sell' Call by MarketsMOJO

Simplex Infrastructures, a smallcap company in the capital goods industry, has recently hit a 52-week high on November 7th, 2024. The stock, which is currently trading at Rs. 297.95, has been given a 'Sell' call by MarketsMOJO.

Despite underperforming the sector by -0.44% today, Simplex Infrastructures opened with a gain of 3.1% and touched an intraday high of Rs. 297.95. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Simplex Infrastructures has shown a remarkable performance with a growth of 310.38%, while the Sensex has only grown by 23.16%. This highlights the strong performance of the company in the capital goods industry.

Simplex Infrastructures is a smallcap company, which means it has a market capitalization of less than Rs. 5,000 crore. Despite its size, the company has shown impressive growth and has caught the attention of investors. However, MarketsMOJO has given a 'Sell' call for the stock, indicating caution for potential investors.

Overall, Simplex Infrastructures has shown strong performance in the past year, but it is important for investors to do their own research and consider all factors before making any investment decisions.