Simplex Infrastructures' Stock Reaches 52-Week High, Outperforms Sector by 1.25%

Simplex Infrastructures, a smallcap company in the capital goods industry, has been making headlines recently as its stock price reached a 52-week high on October 1st, 2024. The stock has been performing well, outperforming the sector by 1.25% and gaining 8.04% in the last two days alone.

At the time of writing, Simplex Infrastructures is trading at Rs 254.85, just 4.02% away from its 52-week high of Rs 258.5. The stock has also been consistently gaining for the past two days and is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Simplex Infrastructures has shown an impressive 1-year performance of 294.44%, while the Sensex has only seen a 27.86% increase. This highlights the company's strong performance and potential for growth in the capital goods industry.

While there has been no mention of investor interest or expert opinions, MarketsMOJO has given a 'Sell' call for Simplex Infrastructures. This news, along with the company's recent stock performance, may be of interest to investors and those following the capital goods sector.