Beekay Steel Industries Shows Potential Trend Reversal Amid Ongoing Market Volatility
Beekay Steel Industries' stock surged on January 29, 2025, following a three-day decline, suggesting a potential trend reversal. Despite outperforming its sector today, the stock remains below key moving averages and has declined over the past month, reflecting the volatility in the small-cap steel market.
Beekay Steel Industries has experienced a significant uptick in its stock performance, gaining 10.91% on January 29, 2025. This surge comes after a three-day period of consecutive declines, indicating a potential trend reversal. The stock opened with a notable gain of 3.41% and reached an intraday high of Rs 586, reflecting a 5.02% increase at its peak.In terms of market positioning, Beekay Steel Industries has outperformed its sector by 2.62% today. However, it is important to note that the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging environment in the longer term.
Over the past month, Beekay Steel Industries has seen a decline of 6.75%, compared to a 3.06% drop in the Sensex. This performance highlights the volatility and competitive dynamics within the steel industry, particularly for small-cap companies like Beekay Steel Industries. As the market continues to evolve, the company's performance metrics will be crucial for stakeholders to monitor.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
