Simplex Infrastructure Hits Over 7-Year High

Shares of Simplex Infrastructure Ltd. rose as much as 18.6 percent intra-day, the most since April 07 of this year.

The stock gained for a sixth consecutive trading session, adding almost 25 percent in market value. Trading volume remained high at 10.8 times the 20 day average.

The construction company has a market capitalisation of Rs 2600 crore and has returned almost 80 percent so far this year.