Simplex Infrastructures Reaches New 52-Week High, Outperforms Sector and Sensex

Simplex Infrastructures, a microcap company in the capital goods industry, has recently reached a new 52-week high on April 18, 2024. This has caught the attention of investors and analysts, with MarketsMOJO giving a 'Sell' call for the stock.

The stock has been performing well, outperforming the sector by 0.73% and gaining for the last 18 consecutive days. In this period, the stock has risen by an impressive 73.55%. Today, the stock opened at Rs.145 and has since traded at this price.

Simplex Infrastructures is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In comparison to the Sensex, Simplex Infrastructures has shown a remarkable 1-year performance of 287.18%, while the Sensex has only grown by 22.24%. This showcases the company's strong growth potential and its ability to outperform the market.

However, it is important to note that this article is purely based on factual information and does not include any future potential, investor interest, or expert opinions. It is always advisable to do thorough research and consult with a financial advisor before making any investment decisions.