Beekay Steel Industries Reaches All-Time High, Outperforms Sector and Sensex

Jun 21 2024 09:25 AM IST
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Beekay Steel Industries, a smallcap company in the iron and steel industry, has reached an all-time high stock price of Rs. 819.9 on June 21, 2024. The stock has been on a winning streak for 6 days, with a consecutive gain of 30.8%. It is also outperforming its sector and trading above its moving averages, showcasing its strong potential and growth in the industry.


Beekay Steel Industries, a smallcap company in the iron and steel industry, has recently reached an all-time high stock price of Rs. 819.9 on June 21, 2024. This has caught the attention of investors and market analysts alike, with MarketsMOJO giving the stock a 'Hold' rating.

The stock has been on a winning streak for the past 6 days, with a consecutive gain of 30.8% during this period. Today, the stock opened with a significant gain of 14.41% and touched an intraday high of Rs. 819.9. It has been trading at this price since then, showing no range.

Beekay Steel Industries is also performing well in comparison to its sector, outperforming it by 14.31% today. The company's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In the past year, Beekay Steel Industries has shown a remarkable performance with a 85.36% increase in its stock price, while the Sensex has only seen a 22.14% growth. This showcases the company's strong potential and growth in the iron and steel industry.

With its recent all-time high stock price and consistent positive performance, Beekay Steel Industries is definitely a company to watch out for in the smallcap segment. However, it is important to note that this article is purely informative and does not offer any recommendations or predictions.
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