Simplex Infrastructures Surges 5% and Hits 52-Week High Amidst Strong Stock Market Performance

Simplex Infrastructures, a smallcap company in the capital goods industry, has been making headlines in the stock market recently. The stock, which is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), has been performing well in the past few days.

According to MarketsMOJO, a leading stock market analysis platform, the stock has been given a 'Sell' call. However, this hasn't stopped the stock from opening with a gain of 5.0% today. This is a significant increase from its previous closing price.

In terms of price performance, Simplex Infrastructures has hit a new 52-week high of Rs.283.5 today. It has also outperformed the sector by 4.2% in today's trading session. The stock has been on a consecutive gain streak for the last 6 days and has seen a rise of 22.73% in this period.

The stock opened with a gap up of 5% today and touched an intraday high of Rs.283.5. It has also been trading in a narrow range of Rs.0.5. Additionally, Simplex Infrastructures 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 outperformed with a 1-day performance of 5.00% while the Sensex has seen a -0.19% performance. In the past month, the stock has also outperformed the Sensex with a 1-month performance of 18.13% compared to the Sensex's -5.31% performance.

Overall, Simplex Infrastructures has been showing strong performance in the stock market, despite being a smallcap company. Investors will be keeping a close eye on its future performance.