Simplex Infrastructures Experiences Surge in Trading Activity and Strong Market Performance

Simplex Infrastructures Ltd, a small-cap player in the Capital Goods industry, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 287.95, reflecting a 5% increase within the trading session. This surge comes as the stock recorded a change of Rs 12.1, translating to a percentage change of 4.41%.
The total traded volume for Simplex Infrastructures today was approximately 0.93 lakh shares, resulting in a turnover of Rs 2.62 crore. The last traded price (LTP) stood at Rs 286.35, indicating strong performance as it outperformed its sector by 4.95%. Notably, the stock has been on a positive trajectory, gaining for four consecutive days and accumulating a total return of 13.59% during this period.

In terms of liquidity, the stock remains accessible for trading, with a delivery volume of 1.48 lakh shares on March 19, marking a significant increase of 98.36% compared to the five-day average. Additionally, Simplex Infrastructures is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further underscoring its robust performance in the market. Overall, the stock's activity today highlights its strong market position and positive momentum.