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Beekay Steel Industries Ltd
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PenkeI guess you are interested in Beekay Steel Industries Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Beekay Steel Industries Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Beekay Steel Industries Ltd (30 sec.)










What can you expect buying and holding a share of Beekay Steel Industries Ltd? (30 sec.)

How much money do you get?

How much money do you get?
INR0.05
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR424.79
Expected worth in 1 year
INR640.85
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR220.06
Return On Investment
39.1%

For what price can you sell your share?

Current Price per Share
INR563.35
Expected price per share
INR543.85 - INR667.00
How sure are you?
50%

1. Valuation of Beekay Steel Industries Ltd (5 min.)




Live pricePrice per Share (EOD)

INR563.35

Intrinsic Value Per Share

INR177.54 - INR412.72

Total Value Per Share

INR602.33 - INR837.51

2. Growth of Beekay Steel Industries Ltd (5 min.)




Is Beekay Steel Industries Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$97.2m$84.8m$12.3m12.7%

How much money is Beekay Steel Industries Ltd making?

Current yearPrevious yearGrowGrow %
Making money$12.5m$18.9m-$6.3m-50.2%
Net Profit Margin9.3%12.2%--

How much money comes from the company's main activities?

3. Financial Health of Beekay Steel Industries Ltd (5 min.)




4. Comparing to competitors in the Steel industry (5 min.)




  Industry Rankings (Steel)  


Richest
#227 / 330

Most Revenue
#180 / 330

Most Profit
#124 / 330

What can you expect buying and holding a share of Beekay Steel Industries Ltd? (5 min.)

Welcome investor! Beekay Steel Industries Ltd's management wants to use your money to grow the business. In return you get a share of Beekay Steel Industries Ltd.

What can you expect buying and holding a share of Beekay Steel Industries Ltd?

First you should know what it really means to hold a share of Beekay Steel Industries Ltd. And how you can make/lose money.

Speculation

The Price per Share of Beekay Steel Industries Ltd is INR563.35. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Beekay Steel Industries Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Beekay Steel Industries Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR424.79. Based on the TTM, the Book Value Change Per Share is INR54.01 per quarter. Based on the YOY, the Book Value Change Per Share is INR81.87 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR1.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Beekay Steel Industries Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.660.1%0.660.1%0.990.2%0.650.1%0.430.1%
Usd Book Value Change Per Share0.650.1%0.650.1%0.980.2%0.640.1%0.510.1%
Usd Dividend Per Share0.010.0%0.010.0%0.010.0%0.010.0%0.010.0%
Usd Total Gains Per Share0.660.1%0.660.1%0.990.2%0.660.1%0.520.1%
Usd Price Per Share4.85-4.85-4.97-3.80-2.74-
Price to Earnings Ratio7.35-7.35-5.00-5.84-6.51-
Price-to-Total Gains Ratio7.35-7.35-4.99-5.83-7.14-
Price to Book Ratio0.95-0.95-1.12-1.05-1.06-
Price-to-Total Gains Ratio7.35-7.35-4.99-5.83-7.14-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share6.7602
Number of shares147
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.650.64
Usd Total Gains Per Share0.660.66
Gains per Quarter (147 shares)97.0596.39
Gains per Year (147 shares)388.18385.56
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
173813789377376
21476276618754762
321114311542611301148
428152415423515071534
535190619304418841920
642228723185322612306
749266827066126382692
856304930947030143078
964343034827933913464
1071381138708837683850

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%

Fundamentals of Beekay Steel Industries Ltd

About Beekay Steel Industries Ltd

Beekay Steel Industries Limited manufactures and sells hot rolled steel sections, bright bars, structural items, and thermo mechanical treatment bars in India. It offers round bars, square bars, flat bars, hexagons, and round corner squares, as well as special profiles, which includes rectangular bars; bright bars that are used in pump shafts, machined components, valves, dairy equipment, and fasteners; and structural products, such as medium and heavy angles, channels, and beams. The company serves automobile, infrastructure and construction, and engineering industries. It also exports its products to Mexico, Singapore, Indonesia, Australia, the United States, the Netherlands, Saudi Arabia, Bahrain, the United Arab Emirates, Qatar, Myanmar, Bangladesh, and Sri Lanka. Beekay Steel Industries Limited was incorporated in 1981 and is based in Kolkata, India.

Fundamental data was last updated by Penke on 2024-03-26 02:28:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Beekay Steel Industries Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Beekay Steel Industries Ltd earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Beekay Steel Industries Ltd to the Steel industry mean.
  • A Net Profit Margin of 9.3% means that ₹0.09 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Beekay Steel Industries Ltd:

  • The MRQ is 9.3%. The company is making a profit. +1
  • The TTM is 9.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.3%TTM9.3%0.0%
TTM9.3%YOY12.2%-2.9%
TTM9.3%5Y10.1%-0.8%
5Y10.1%10Y7.2%+2.9%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ9.3%2.6%+6.7%
TTM9.3%2.9%+6.4%
YOY12.2%4.8%+7.4%
5Y10.1%3.5%+6.6%
10Y7.2%2.9%+4.3%
1.1.2. Return on Assets

Shows how efficient Beekay Steel Industries Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Beekay Steel Industries Ltd to the Steel industry mean.
  • 9.3% Return on Assets means that Beekay Steel Industries Ltd generated ₹0.09 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Beekay Steel Industries Ltd:

  • The MRQ is 9.3%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 9.3%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ9.3%TTM9.3%0.0%
TTM9.3%YOY15.0%-5.6%
TTM9.3%5Y12.6%-3.3%
5Y12.6%10Y9.2%+3.4%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ9.3%1.1%+8.2%
TTM9.3%1.2%+8.1%
YOY15.0%1.9%+13.1%
5Y12.6%1.3%+11.3%
10Y9.2%1.0%+8.2%
1.1.3. Return on Equity

Shows how efficient Beekay Steel Industries Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Beekay Steel Industries Ltd to the Steel industry mean.
  • 13.0% Return on Equity means Beekay Steel Industries Ltd generated ₹0.13 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Beekay Steel Industries Ltd:

  • The MRQ is 13.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 13.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ13.0%TTM13.0%0.0%
TTM13.0%YOY22.3%-9.3%
TTM13.0%5Y18.3%-5.3%
5Y18.3%10Y15.9%+2.4%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ13.0%2.0%+11.0%
TTM13.0%2.2%+10.8%
YOY22.3%3.8%+18.5%
5Y18.3%2.4%+15.9%
10Y15.9%1.8%+14.1%

1.2. Operating Efficiency of Beekay Steel Industries Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Beekay Steel Industries Ltd is operating .

  • Measures how much profit Beekay Steel Industries Ltd makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Beekay Steel Industries Ltd to the Steel industry mean.
  • An Operating Margin of 0.0% means the company generated ₹0.00  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Beekay Steel Industries Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y5.9%-5.9%
5Y5.9%10Y7.8%-1.9%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.9%-5.9%
TTM-3.4%-3.4%
YOY-6.1%-6.1%
5Y5.9%5.6%+0.3%
10Y7.8%4.1%+3.7%
1.2.2. Operating Ratio

Measures how efficient Beekay Steel Industries Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 1.61 means that the operating costs are ₹1.61 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Beekay Steel Industries Ltd:

  • The MRQ is 1.609. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.609. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.609TTM1.6090.000
TTM1.609YOY1.381+0.228
TTM1.6095Y1.499+0.110
5Y1.49910Y1.535-0.036
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6091.706-0.097
TTM1.6091.629-0.020
YOY1.3811.488-0.107
5Y1.4991.527-0.028
10Y1.5351.306+0.229

1.3. Liquidity of Beekay Steel Industries Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Beekay Steel Industries Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 3.45 means the company has ₹3.45 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Beekay Steel Industries Ltd:

  • The MRQ is 3.446. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.446. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.446TTM3.4460.000
TTM3.446YOY3.279+0.167
TTM3.4465Y3.186+0.260
5Y3.18610Y2.292+0.894
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4461.669+1.777
TTM3.4461.736+1.710
YOY3.2791.669+1.610
5Y3.1861.615+1.571
10Y2.2921.436+0.856
1.3.2. Quick Ratio

Measures if Beekay Steel Industries Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Beekay Steel Industries Ltd to the Steel industry mean.
  • A Quick Ratio of 2.78 means the company can pay off ₹2.78 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Beekay Steel Industries Ltd:

  • The MRQ is 2.779. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.779. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.779TTM2.7790.000
TTM2.779YOY1.971+0.808
TTM2.7795Y1.861+0.918
5Y1.86110Y1.158+0.703
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7790.612+2.167
TTM2.7790.647+2.132
YOY1.9710.717+1.254
5Y1.8610.693+1.168
10Y1.1580.633+0.525

1.4. Solvency of Beekay Steel Industries Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Beekay Steel Industries Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Beekay Steel Industries Ltd to Steel industry mean.
  • A Debt to Asset Ratio of 0.28 means that Beekay Steel Industries Ltd assets are financed with 28.0% credit (debt) and the remaining percentage (100% - 28.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Beekay Steel Industries Ltd:

  • The MRQ is 0.280. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.280. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.280TTM0.2800.000
TTM0.280YOY0.329-0.049
TTM0.2805Y0.304-0.024
5Y0.30410Y0.448-0.144
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2800.447-0.167
TTM0.2800.449-0.169
YOY0.3290.477-0.148
5Y0.3040.487-0.183
10Y0.4480.510-0.062
1.4.2. Debt to Equity Ratio

Measures if Beekay Steel Industries Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Beekay Steel Industries Ltd to the Steel industry mean.
  • A Debt to Equity ratio of 38.9% means that company has ₹0.39 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Beekay Steel Industries Ltd:

  • The MRQ is 0.389. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.389. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.389TTM0.3890.000
TTM0.389YOY0.490-0.100
TTM0.3895Y0.440-0.051
5Y0.44010Y0.973-0.533
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3890.812-0.423
TTM0.3890.848-0.459
YOY0.4900.938-0.448
5Y0.4400.997-0.557
10Y0.9731.192-0.219

2. Market Valuation of Beekay Steel Industries Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Beekay Steel Industries Ltd generates.

  • Above 15 is considered overpriced but always compare Beekay Steel Industries Ltd to the Steel industry mean.
  • A PE ratio of 7.35 means the investor is paying ₹7.35 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Beekay Steel Industries Ltd:

  • The EOD is 10.235. Based on the earnings, the company is underpriced. +1
  • The MRQ is 7.349. Based on the earnings, the company is cheap. +2
  • The TTM is 7.349. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD10.235MRQ7.349+2.886
MRQ7.349TTM7.3490.000
TTM7.349YOY5.003+2.346
TTM7.3495Y5.844+1.505
5Y5.84410Y6.509-0.665
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD10.2358.509+1.726
MRQ7.3497.916-0.567
TTM7.3497.165+0.184
YOY5.0036.986-1.983
5Y5.8448.371-2.527
10Y6.50911.042-4.533
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Beekay Steel Industries Ltd:

  • The EOD is 10.616. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 7.623. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 7.623. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD10.616MRQ7.623+2.994
MRQ7.623TTM7.6230.000
TTM7.623YOY-6.763+14.386
TTM7.6235Y138,190.699-138,183.076
5Y138,190.69910Y69,100.071+69,090.628
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD10.6163.022+7.594
MRQ7.6232.944+4.679
TTM7.6232.158+5.465
YOY-6.7631.434-8.197
5Y138,190.6990.944+138,189.755
10Y69,100.0711.561+69,098.510
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Beekay Steel Industries Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 0.95 means the investor is paying ₹0.95 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Beekay Steel Industries Ltd:

  • The EOD is 1.326. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.952. Based on the equity, the company is cheap. +2
  • The TTM is 0.952. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.326MRQ0.952+0.374
MRQ0.952TTM0.9520.000
TTM0.952YOY1.116-0.164
TTM0.9525Y1.047-0.095
5Y1.04710Y1.056-0.008
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD1.3261.005+0.321
MRQ0.9520.953-0.001
TTM0.9520.958-0.006
YOY1.1161.077+0.039
5Y1.0471.064-0.017
10Y1.0561.127-0.071
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Beekay Steel Industries Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--54.01454.0140%81.870-34%53.402+1%42.479+27%
Book Value Per Share--424.791424.7910%370.777+15%308.037+38%210.546+102%
Current Ratio--3.4463.4460%3.279+5%3.186+8%2.292+50%
Debt To Asset Ratio--0.2800.2800%0.329-15%0.304-8%0.448-38%
Debt To Equity Ratio--0.3890.3890%0.490-21%0.440-12%0.973-60%
Dividend Per Share--1.0001.0000%1.0000%1.241-19%1.205-17%
Eps--55.04255.0420%82.696-33%54.567+1%35.575+55%
Free Cash Flow Per Share--53.06453.0640%-61.174+215%6.157+762%8.546+521%
Free Cash Flow To Equity Per Share--33.51833.5180%-3.350+110%8.548+292%4.090+719%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--412.723--------
Intrinsic Value_10Y_min--177.541--------
Intrinsic Value_1Y_max--13.777--------
Intrinsic Value_1Y_min--2.489--------
Intrinsic Value_3Y_max--62.415--------
Intrinsic Value_3Y_min--20.776--------
Intrinsic Value_5Y_max--136.394--------
Intrinsic Value_5Y_min--53.496--------
Market Cap10744267535.000+28%7714664450.0007714664450.0000%7891081375.000-2%6041659838.000+28%4362227928.300+77%
Net Profit Margin--0.0930.0930%0.122-24%0.101-8%0.072+29%
Operating Margin----0%-0%0.059-100%0.078-100%
Operating Ratio--1.6091.6090%1.381+17%1.499+7%1.535+5%
Pb Ratio1.326+28%0.9520.9520%1.116-15%1.047-9%1.056-10%
Pe Ratio10.235+28%7.3497.3490%5.003+47%5.844+26%6.509+13%
Price Per Share563.350+28%404.500404.5000%413.750-2%316.780+28%228.723+77%
Price To Free Cash Flow Ratio10.616+28%7.6237.6230%-6.763+189%138190.699-100%69100.071-100%
Price To Total Gains Ratio10.240+28%7.3537.3530%4.993+47%5.828+26%7.144+3%
Quick Ratio--2.7792.7790%1.971+41%1.861+49%1.158+140%
Return On Assets--0.0930.0930%0.150-38%0.126-26%0.092+1%
Return On Equity--0.1300.1300%0.223-42%0.183-29%0.159-18%
Total Gains Per Share--55.01455.0140%82.870-34%54.643+1%43.684+26%
Usd Book Value--97219872.00097219872.0000%84857892.000+15%70498838.328+38%48186737.147+102%
Usd Book Value Change Per Share--0.6480.6480%0.982-34%0.641+1%0.510+27%
Usd Book Value Per Share--5.0975.0970%4.449+15%3.696+38%2.527+102%
Usd Dividend Per Share--0.0120.0120%0.0120%0.015-19%0.014-17%
Usd Eps--0.6610.6610%0.992-33%0.655+1%0.427+55%
Usd Free Cash Flow--12144576.00012144576.0000%-14000700.000+215%1409207.473+762%1955942.276+521%
Usd Free Cash Flow Per Share--0.6370.6370%-0.734+215%0.074+762%0.103+521%
Usd Free Cash Flow To Equity Per Share--0.4020.4020%-0.040+110%0.103+292%0.049+719%
Usd Market Cap128931210.420+28%92575973.40092575973.4000%94692976.500-2%72499918.056+28%52346735.140+77%
Usd Price Per Share6.760+28%4.8544.8540%4.965-2%3.801+28%2.745+77%
Usd Profit--12597228.00012597228.0000%18926268.000-33%12488475.144+1%8141767.776+55%
Usd Revenue--135409860.000135409860.0000%155571888.000-13%121716161.808+11%101183597.896+34%
Usd Total Gains Per Share--0.6600.6600%0.994-34%0.656+1%0.524+26%
 EOD+4 -4MRQTTM+0 -0YOY+15 -175Y+26 -910Y+28 -7

3.2. Fundamental Score

Let's check the fundamental score of Beekay Steel Industries Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1510.235
Price to Book Ratio (EOD)Between0-11.326
Net Profit Margin (MRQ)Greater than00.093
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than12.779
Current Ratio (MRQ)Greater than13.446
Debt to Asset Ratio (MRQ)Less than10.280
Debt to Equity Ratio (MRQ)Less than10.389
Return on Equity (MRQ)Greater than0.150.130
Return on Assets (MRQ)Greater than0.050.093
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Beekay Steel Industries Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.951
Ma 20Greater thanMa 50599.833
Ma 50Greater thanMa 100620.188
Ma 100Greater thanMa 200639.233
OpenGreater thanClose575.000
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets11,254,005
Total Liabilities3,152,349
Total Stockholder Equity8,101,656
 As reported
Total Liabilities 3,152,349
Total Stockholder Equity+ 8,101,656
Total Assets = 11,254,005

Assets

Total Assets11,254,005
Total Current Assets5,677,219
Long-term Assets5,576,754
Total Current Assets
Cash And Cash Equivalents 15,413
Short-term Investments 1,402,178
Net Receivables 1,755,716
Inventory 2,263,928
Other Current Assets 182,768
Total Current Assets  (as reported)5,677,219
Total Current Assets  (calculated)5,620,003
+/- 57,216
Long-term Assets
Property Plant Equipment 4,779,754
Intangible Assets 833
Other Assets 167,076
Long-term Assets  (as reported)5,576,754
Long-term Assets  (calculated)4,947,663
+/- 629,091

Liabilities & Shareholders' Equity

Total Current Liabilities1,647,597
Long-term Liabilities1,695,227
Total Stockholder Equity8,101,656
Total Current Liabilities
Short-term Debt 990,880
Short Long Term Debt 990,880
Accounts payable 339,989
Other Current Liabilities 79,800
Total Current Liabilities  (as reported)1,647,597
Total Current Liabilities  (calculated)2,401,549
+/- 753,952
Long-term Liabilities
Long term Debt Total 1,277,251
Long term Debt 1,244,715
Capital Lease Obligations Min Short Term Debt-958,336
Long-term Liabilities Other 4,685
Long-term Liabilities  (as reported)1,695,227
Long-term Liabilities  (calculated)1,568,315
+/- 126,912
Total Stockholder Equity
Common Stock190,909
Retained Earnings 7,910,747
Total Stockholder Equity (as reported)8,101,656
Total Stockholder Equity (calculated)8,101,656
+/-0
Other
Capital Stock190,909
Cash And Equivalents2,660
Cash and Short Term Investments 1,420,251
Common Stock Shares Outstanding 19,072
Liabilities and Stockholders Equity 11,254,005
Net Debt 2,410,658
Net Invested Capital 10,527,637
Net Working Capital 4,220,039
Property Plant and Equipment Gross 4,779,754



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
4,668,094
5,284,467
5,098,186
5,219,435
5,949,927
6,136,786
6,421,426
7,803,592
10,533,674
11,254,005
11,254,00510,533,6747,803,5926,421,4266,136,7865,949,9275,219,4355,098,1865,284,4674,668,094
   > Total Current Assets 
2,105,312
2,649,649
2,475,876
2,926,168
3,647,992
3,646,972
3,889,271
5,309,141
5,683,355
5,677,219
5,677,2195,683,3555,309,1413,889,2713,646,9723,647,9922,926,1682,475,8762,649,6492,105,312
       Cash And Cash Equivalents 
28,017
46,953
36,673
98,613
18,970
27,688
9,077
288,871
41,541
15,413
15,41341,541288,8719,07727,68818,97098,61336,67346,95328,017
       Short-term Investments 
0
0
0
14,535
17,497
21,482
357,184
765,673
874,385
1,402,178
1,402,178874,385765,673357,18421,48217,49714,535000
       Net Receivables 
658,899
642,798
799,869
850,502
1,340,561
1,181,089
1,105,922
1,581,896
1,596,453
1,755,716
1,755,7161,596,4531,581,8961,105,9221,181,0891,340,561850,502799,869642,798658,899
       Inventory 
1,002,566
1,345,737
1,210,892
1,555,840
1,724,326
2,140,743
2,191,414
2,486,952
2,796,587
2,263,928
2,263,9282,796,5872,486,9522,191,4142,140,7431,724,3261,555,8401,210,8921,345,7371,002,566
       Other Current Assets 
411,810
611,342
6,438
443,159
564,136
297,451
196,670
124,921
273,143
182,768
182,768273,143124,921196,670297,451564,136443,1596,438611,342411,810
   > Long-term Assets 
0
0
0
2,698,113
2,301,934
2,489,815
2,532,156
2,494,451
4,850,320
5,576,754
5,576,7544,850,3202,494,4512,532,1562,489,8152,301,9342,698,113000
       Property Plant Equipment 
2,176,871
2,194,198
2,158,923
2,116,141
2,124,592
2,313,256
2,391,746
2,340,256
4,527,210
4,779,754
4,779,7544,527,2102,340,2562,391,7462,313,2562,124,5922,116,1412,158,9232,194,1982,176,871
       Long Term Investments 
2,322
2,322
2,025
10,039
0
0
0
0
0
0
00000010,0392,0252,3222,322
       Intangible Assets 
0
0
0
0
0
0
0
0
0
833
833000000000
       Long-term Assets Other 
0
0
0
0
0
0
0
156,289
-13
167,072
167,072-13156,2890000000
> Total Liabilities 
2,998,138
3,481,163
3,125,040
2,893,920
2,940,750
2,158,921
1,707,981
2,293,533
3,462,183
3,152,349
3,152,3493,462,1832,293,5331,707,9812,158,9212,940,7502,893,9203,125,0403,481,1632,998,138
   > Total Current Liabilities 
1,803,631
2,059,599
1,878,620
1,925,204
2,144,090
1,386,470
1,071,454
1,802,034
1,733,293
1,647,597
1,647,5971,733,2931,802,0341,071,4541,386,4702,144,0901,925,2041,878,6202,059,5991,803,631
       Short-term Debt 
1,684,172
1,740,728
1,149,087
1,326,136
1,468,740
904,132
612,910
1,288,495
1,257,512
990,880
990,8801,257,5121,288,495612,910904,1321,468,7401,326,1361,149,0871,740,7281,684,172
       Short Long Term Debt 
1,684,172
1,740,728
1,641,974
1,367,078
1,499,614
904,132
612,910
1,288,495
1,257,512
990,880
990,8801,257,5121,288,495612,910904,1321,499,6141,367,0781,641,9741,740,7281,684,172
       Accounts payable 
323,018
638,891
326,844
226,191
243,950
200,682
124,167
345,138
347,175
339,989
339,989347,175345,138124,167200,682243,950226,191326,844638,891323,018
       Other Current Liabilities 
155,302
187,675
187,098
130,842
175,010
69,383
150,688
129,646
85,881
79,800
79,80085,881129,646150,68869,383175,010130,842187,098187,675155,302
   > Long-term Liabilities 
0
0
0
1,386,269
796,660
772,451
636,527
491,724
1,728,890
1,695,227
1,695,2271,728,890491,724636,527772,451796,6601,386,269000
       Long term Debt Total 
0
0
455,682
486,554
314,710
297,426
265,140
254,532
1,498,029
1,277,251
1,277,2511,498,029254,532265,140297,426314,710486,554455,68200
       Capital Lease Obligations 
0
0
0
2,202
2,052
6,957
8,440
6,210
913
32,544
32,5449136,2108,4406,9572,0522,202000
       Long-term Liabilities Other 
0
0
0
150,661
150,265
132,825
128,127
1,126
1,123
4,685
4,6851,1231,126128,127132,825150,265150,661000
       Deferred Long Term Liability 
623
0
0
0
0
0
0
0
0
0
000000000623
> Total Stockholder Equity
1,669,956
1,803,304
1,973,146
2,325,515
3,009,177
3,977,866
4,713,445
5,510,058
7,071,491
8,101,656
8,101,6567,071,4915,510,0584,713,4453,977,8663,009,1772,325,5151,973,1461,803,3041,669,956
   Common Stock
190,721
190,721
190,909
190,721
190,721
190,721
190,721
190,909
190,909
190,909
190,909190,909190,909190,721190,721190,721190,721190,909190,721190,721
   Retained Earnings 
1,080,101
1,213,495
1,782,237
1,745,587
2,429,279
3,397,968
4,133,547
5,319,149
6,880,582
7,910,747
7,910,7476,880,5825,319,1494,133,5473,397,9682,429,2791,745,5871,782,2371,213,4951,080,101
   Capital Surplus 0000000000
   Treasury Stock0000000000
   Other Stockholders Equity 
70,288
70,242
70,196
60,361
60,331
60,331
60,331
0
0
0
00060,33160,33160,33160,36170,19670,24270,288



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue11,284,155
Cost of Revenue-8,255,705
Gross Profit3,028,4503,028,450
 
Operating Income (+$)
Gross Profit3,028,450
Operating Expense-9,899,179
Operating Income1,394,154-6,870,729
 
Operating Expense (+$)
Research Development0
Selling General Administrative373,286
Selling And Marketing Expenses0
Operating Expense9,899,179373,286
 
Net Interest Income (+$)
Interest Income13,546
Interest Expense-97,707
Other Finance Cost-13,546
Net Interest Income-97,707
 
Pretax Income (+$)
Operating Income1,394,154
Net Interest Income-97,707
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,426,1431,394,154
EBIT - interestExpense = -97,707
1,049,769
1,147,476
Interest Expense97,707
Earnings Before Interest and Taxes (EBIT)01,523,850
Earnings Before Interest and Taxes (EBITDA)1,797,650
 
After tax Income (+$)
Income Before Tax1,426,143
Tax Provision-382,571
Net Income From Continuing Ops1,043,5731,043,572
Net Income1,049,769
Net Income Applicable To Common Shares1,049,769
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net097,707
 

Technical Analysis of Beekay Steel Industries Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Beekay Steel Industries Ltd. The general trend of Beekay Steel Industries Ltd is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Beekay Steel Industries Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Beekay Steel Industries Ltd.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 601.15 < 601.50 < 667.00.

The bearish price targets are: 556.83 > 550.00 > 543.85.

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Beekay Steel Industries Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Beekay Steel Industries Ltd. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Beekay Steel Industries Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Beekay Steel Industries Ltd. The current macd is -15.58739729.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Beekay Steel Industries Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Beekay Steel Industries Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Beekay Steel Industries Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Beekay Steel Industries Ltd Daily Moving Average Convergence/Divergence (MACD) ChartBeekay Steel Industries Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Beekay Steel Industries Ltd. The current adx is 36.88.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Beekay Steel Industries Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Beekay Steel Industries Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Beekay Steel Industries Ltd. The current sar is 611.30.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Beekay Steel Industries Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Beekay Steel Industries Ltd. The current rsi is 35.95. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Beekay Steel Industries Ltd Daily Relative Strength Index (RSI) ChartBeekay Steel Industries Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Beekay Steel Industries Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Beekay Steel Industries Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Beekay Steel Industries Ltd Daily Stochastic Oscillator ChartBeekay Steel Industries Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Beekay Steel Industries Ltd. The current cci is -124.58238938.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Beekay Steel Industries Ltd Daily Commodity Channel Index (CCI) ChartBeekay Steel Industries Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Beekay Steel Industries Ltd. The current cmo is -33.20905411.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Beekay Steel Industries Ltd Daily Chande Momentum Oscillator (CMO) ChartBeekay Steel Industries Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Beekay Steel Industries Ltd. The current willr is -83.11764706.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Beekay Steel Industries Ltd Daily Williams %R ChartBeekay Steel Industries Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Beekay Steel Industries Ltd.

Beekay Steel Industries Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Beekay Steel Industries Ltd. The current atr is 33.09.

Beekay Steel Industries Ltd Daily Average True Range (ATR) ChartBeekay Steel Industries Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Beekay Steel Industries Ltd. The current obv is 94,832.

Beekay Steel Industries Ltd Daily On-Balance Volume (OBV) ChartBeekay Steel Industries Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Beekay Steel Industries Ltd. The current mfi is 25.51.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Beekay Steel Industries Ltd Daily Money Flow Index (MFI) ChartBeekay Steel Industries Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Beekay Steel Industries Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-20BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-15MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-28MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

Beekay Steel Industries Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Beekay Steel Industries Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.951
Ma 20Greater thanMa 50599.833
Ma 50Greater thanMa 100620.188
Ma 100Greater thanMa 200639.233
OpenGreater thanClose575.000
Total2/5 (40.0%)
Penke

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