Simplex Projects is currently trading at Rs. 25.60, up by 1.55 points or 6.44% from its previous closing of Rs. 24.05 on the BSE.
The scrip opened at Rs. 26.00 and has touched a high and low of Rs. 26.05 and Rs. 25.60 respectively. So far 1,469 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 47.90 on 21-Dec-2015 and a 52 week low of Rs. 19.85 on 03-Sep-2015.
Last one week high and low of the scrip stood at Rs. 27.80 and Rs. 23.50 respectively. The current market cap of the company is Rs. 32.76 crore.
The promoters holding in the company stood at 56.21% while Institutions and Non-Institutions held 0.02% and 43.77% respectively.
Simplex Projects has sold 16,31,400 equity shares constituting 51.21% of its wholly-owned subsidiary ‘Simpark Infrastructure’ on March 31, 2016. The company had earlier received board’s approval on March 28, 2016 for the same. The sale proceeds would be used for the company’s business purposes.
Simplex Projects is an India-based construction and engineering company. The Company is engaged in Engineering and Construction activities in India and across the world. The Company focuses on construction of bridges for railways, industrial projects, urban infrastructure and automated parking projects.
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