Support and Resistance Levels
Past performance
About Beekay Steel Industries Ltd Beekay Steel Industries Limited, established on March 28, 1981, specializes in manufacturing a range of steel products including Hot Rolled Steel Sections, Bright Bars, Structural Items, and Thermo Mechanical Treatment (TMT) Bars. These products serve various industrial applications such as construction, railway cars, engineering equipment, and automotive parts. The company offers customized rolled steel products to meet specific customer requirements.
In recent strategic moves, Beekay Steel expanded its production capabilities by commencing operations at the Beekay Special Steel unit in Vizag in 2019. To bolster its market presence, the company acquired the business of sole-selling distributors in major cities like Coimbatore, Bangalore, Hyderabad, Mumbai, and Pune in February 2020. Additionally, Beekay Steel enhanced its production capacity by acquiring an integrated steel plant in Odisha, valued at approximately 1,000 crore, through the SARFAESI route in 2021. This expansion demonstrates the company's commitment to strengthening its retail and production infrastructure.