Simplex Papers Surges to 52-Week High, Outperforming Sector and Sensex

Sep 04 2024 09:35 AM IST
share
Share Via
Simplex Papers, a microcap trading company, has seen a surge in its stock price, reaching a 52-week high of Rs. 3164.15 on September 4th, 2024. The stock has outperformed the sector by 5.25% in the past 14 days and is currently trading higher than its moving averages. This showcases the company's strong performance and potential for growth in the trading industry.

Simplex Papers, a microcap trading company, has recently seen a surge in its stock price, reaching a 52-week high of Rs. 3164.15 on September 4th, 2024. This has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Sell' call for the stock.

The stock has been on a winning streak for the past 14 days, outperforming the sector by 5.25%. It opened today with a gain of 5% and touched an intraday high of Rs. 3164.15. Interestingly, the stock has been trading at this price since the opening, indicating a strong hold.

Simplex Papers has also been consistently performing well, with a 1-year return of 207.20%, while the Sensex has only seen a 24.97% growth in the same period. This showcases the company's strong performance and potential for growth in the trading industry.

The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, it is important to note that this is not a recommendation to buy or sell the stock, as it is based on factual data and not expert opinions.

In conclusion, Simplex Papers has shown a remarkable performance in the past year, with its stock price reaching a new high. With its consistent growth and strong hold in the trading industry, it will be interesting to see how the company continues to perform in the future.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News