Simplex Castings Ltd

Niraj Rajnikant Shah decreased his stake in Simplex Castings Ltd from 1.36% to 1.14%, reducing his shareholding from 111,248 to 93,709 shares. This transaction is valued at approximately ₹17.89 lakh based on the share price of ₹101.60.

A manufacturer of industrial castings and engineering solutions, Simplex Castings has operated since 1971, producing precision-engineered components for diverse industrial applications. The company specializes in advanced casting technology and custom engineering solutions, serving customers across automotive, machinery, infrastructure, and other sectors. Its distinctive strength lies in combining traditional casting expertise with modern manufacturing capabilities to deliver reliable, high-quality components tailored to specific customer needs.

An active trader in Indian small and SME cap stocks, typically building positions and trimming them over a matter of weeks rather than holding for the long run. Associated with Neil Finstock Private Limited, with a financial services background. Appears across a wide set of lightly traded names, often buying and selling the same stock within the same quarter.