Risk factor
Very high price volatility
Profitability factor
Strong margins and returns
About
Simplex Castings Limited operates a variety of manufacturing units, including facilities for cast iron, steel, and alloy production, as well as specialized heavy engineering and fabrication plants. The company's diverse product offerings serve numerous industries, such as coke oven, sinter, and pellet plants, the railway sector, oil and gas operations, power generation, sugar processing, earth-moving equipment, and ingot molds. Established in June 1970, its primary corporate office is located in Bhilai, India.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.