Simplex Infrastructures’ shares rose 6% after it reported a 48% profit increase for Q2 2023, to ₹150.10 crore from ₹100.84 crore in the same period last year. Revenues were down 19% to ₹398.87 crore. Sequentially, profits were 54% higher than the previous quarter. Shares rose to ₹58 at 2.50 pm on We…

Simplex Infrastructure shares rise on Q1 results

The principal bench of the National Company Law Appellate Tribunal (NCLAT) is reviewing an order by a lower court that had dismissed a plea by the Central Bank of India to commence bankruptcy proceedings against Kolkata-based Simplex Infrastructures.

NCLAT reviewing dismissal of Simplex insolvency case

EPC firm’s balance sheets do not show negative net worth, says tribunal’s Kolkata bench

NCLT dismisses Central Bank insolvency plea against Simplex Infrastructures

The National Company Law Tribunal (NCLT) in Kolkata has blocked a petition from Central Bank of India that would have allowed insolvency proceedings against Simplex Infrastructures. The engineering company remains in debt to government agencies and contractors, with some payments mired in arbitratio…

NCLT junks insolvency plea against Simplex, cites co’s stuck receivables

Venus Remedies Ltd, Simplex Infrastructures Ltd, Delta Manufacturing Ltd and Indian Card Clothing Company Ltd are among the other gainers in the BSE’s ‘B’ group today, 23 February 2023.

Oriental Trimex Ltd leads gainers in ‘B’ group

Simplex Infrastructures Ltd, Capacite Infraprojects Ltd, Zee Learn Ltd and Starlit Power Systems Ltd are among the other losers in the BSE’s ‘B’ group today, 22 February 2023.

Asahi Songwon Colors Ltd leads losers in ‘B’ group

RPP Infra Projects Ltd, Onelife Capital Advisors Ltd, Simplex Infrastructures Ltd and Punjab Communications Ltd are among the other losers in the BSE’s ‘B’ group today, 12 January 2023.

Creative Eye Ltd leads losers in ‘B’ group

Ansal Housing Ltd, JBF Industries Ltd, Heads UP Ventures Ltd and Simplex Infrastructures Ltd are among the other losers in the BSE’s ‘B’ group today, 13 October 2022.

Universus Photo Imagings Ltd leads losers in ‘B’ group

IndiGrid has acquired the shares from Patel Engineering Limited, Simplex Infrastructures Limited and BS Limited, each owning 33.33% stake, respectively. The completion of acquisition would depend upon receipt of relevant approvals and completion of contractual obligations, the company said.

IndiGrid to acquire Raichur Sholapur Transmission Company for Rs 250 crore

The top five companies in which Damani’s stake has gone down in percentage terms in the March quarter are VST Industries, Spencer’s Retail, Simplex Infrastructures, Kaya and Jubilant FoodWorks. His stake in VST industries has come down by 0.87 per cent to 30.16 per cent.

What ace investors bought in Jan-March, and stocks they sold

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BRIEF-Simplex Infrastructures Posts June Qtr Consol Net Loss - Investing.com India

Hasn't fared well - amongst the low performers

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

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Simplex Infrastructures Limited is engaged in the business of contract constructing infrastructural facilities. The Company's segments include Construction business and Others.