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Simplex Castings gains 3% after securing follow-up fabrication order from BHEL

News by Aliceblue News Desk

23 Jan 2026

Simplex Castings gains 3% after securing follow-up fabrication order from BHEL

Introduction

Leading engineering and fabrication firm received a ₹7 crore order from Bharat Heavy Electricals for projects at Mahagenco Koradi and Korba West, to be completed within 300 days.

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Share price movement of Simplex Castings

On January 23, 2026, Simplex Castings Ltd opened at ₹470.90, up 2.61% from its previous close of ₹459.00. The stock reached a high of ₹471.00 (2.61%) and a low of ₹451.70. By 12:01 PM, it traded at ₹459.85, a 0.19% increase, with a market cap of ₹357.49 crore.

Simplex Castings Bags ₹7 Crore Order

Simplex Castings Limited received a follow-up fabrication order worth ₹7 crore from Bharat Heavy Electricals Limited, Trichy. The order covers 900 MT of fabrication for Mahagenco Koradi and Korba West projects.

The work includes column, auto weld, and general fabrication. The projects are located in Maharashtra and Chhattisgarh. The order must be completed within 300 days from the purchase order date.

Stock performance of Simplex Castings for Period of 1 week, 6 months, and 1 year

Simplex Castings Ltd declined 5.62% over the past week, gained 19.7% in the past 6 months, and rose 87.2% over the past 1 year.

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Shareholding pattern of Simplex Castings

ParticularsDec 2025Sep 2025Jun 2025
Promoter53%53.10%52%
FII0.00%0.00%0.00%
DII0.10%0%0.00%
Public47%47%47.60%

About Simplex Castings

Simplex Castings Ltd (BSE: 513472), incorporated in 1971, manufactures heavy engineering castings and provides end-to-end solutions including fabrication, forging, machining, assembly, EPC, and design services.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Simplex Castings Ltd share price rising today?

A: Simplex Castings Ltd received a ₹7 crore fabrication order from Bharat Heavy Electricals for Mahagenco Koradi and Korba West projects.

Q: What is Simplex Castings Ltd’s main business focus?

A: Simplex Castings Ltd focuses on heavy engineering castings, providing fabrication, forging, machining, assembly, EPC, and design services.

Q: What is the 52-week high and low of Simplex Castings Ltd stock?

A: Simplex Castings Ltd stock has a 52-week high of ₹623.50 and a 52-week low of ₹189.85.

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