Simplex Castings standalone net profit rises 268.18% in the June 2024 quarter

Simplex Castings reports standalone net loss of Rs 11.26 crore in the December 2022 quarter

The upgrade reflects the timely repayment of debt obligations since August 09, 2020 and an improvement in the company’s financial performance in FY21.

Ind Ra upgrades rating of Simplex Castings’ credit facilities

Simplex Castings reports consolidated net profit of Rs 0.10 crore in the June 2021 quarter

The company had temporarily closed corporate office from April 7 and factories from April 10due to the second wave of Covid-19 outbreak and lockdown declared by Chhattisgarh Government.

Simplex Castings resumes work at corporate office and factories; Stock climbs 2.5%

Simplex Castings reports consolidated net loss of Rs 2.69 crore in the September 2020 quarter

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BRIEF-Simplex Castings Approves Closure Of Singapore Unit - Investing.com India

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The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Simplex Castings is engaged in the manufacturing of C.I. casting and equipment, and steel, SG iron and special alloy castings