Meanwhile, the S&P BSE Sensex was down 135.51 points or 0.52% at 25,702.63.

On BSE, so far 14,000 shares were traded in the counter as against average daily volume of 6,123 shares in the past one quarter. The stock hit a high of Rs 113 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 109 so far during the day. The stock had hit a 52-week low of Rs 31.70 on 27 April 2015. The stock had outperformed the market over the past one month till 22 April 2016, surging 44.48% compared with Sensex's 2% rise. The scrip had also outperformed the market in past one quarter, advancing 24.61% as against Sensex's 5.74 % rise.

The small-cap company has equity capital of Rs 5.98 crore. Face value per share is Rs 10.

The latest order from Ministry of Railways is for manufacture & supply of cast steel bogies for Container Corporation of India's (Concor) container flat wagons. This order will be add-on to the performance of the company in financial year 2016-17, Simplex Castings said.

Simplex Castings' net profit rose 410% to Rs 0.51 crore on 50.9% growth in net sales to Rs 47.05 crore in Q3 December 2015 over Q3 December 2014.

Simplex Castings manufactures engineering products, castings and equipments.