Beekay Steel Industries Faces Stock Volatility Amid Broader Market Trends in February 2025

Feb 12 2025 11:15 AM IST
share
Share Via
Beekay Steel Industries has faced notable stock volatility, with a significant decline on February 12, 2025, contrasting with the broader market. While it has shown some short-term resilience, its longer-term performance is concerning, marked by a substantial monthly decline and trading below key moving averages.
Beekay Steel Industries, a small-cap player in the steel, sponge iron, and pig iron sector, has experienced significant volatility in its stock performance. On February 12, 2025, the stock declined by 7.14%, contrasting sharply with the Sensex, which fell by only 0.64% on the same day. Despite this downturn, Beekay Steel Industries has shown some resilience, outperforming its sector by 2.04% today and achieving a modest gain of 1.65% over the past two days.

However, the stock's longer-term performance raises concerns, with a notable decline of 15.61% over the past month, compared to the Sensex's decrease of just 2.03%. Additionally, Beekay Steel Industries is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend indicates a challenging market position for the company as it navigates through recent fluctuations in the steel industry.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News