- Naranj Research Desk
Makkah Construction and Development Company is actively involved in investing, owning, developing, managing, purchasing, and leasing properties in close proximity to Al Masjid Al Haram in Saudi Arabia. The company also undertakes various engineering projects, which encompass building, construction, repair, and demolition activities. Additionally, it operates hotels and provides services for Hajj and Umrah. Established in 1989, the company is based in Mecca, Saudi Arabia.
MCDC — TASI —
MACD line has just crossed the signal line from the below, generates bullish signal.
The K (Blue) line has just crossed the D (Orange) line from the below, generates bullish signal.
Based on our Saudi stock trading ideas, Makkah Construction and Development stock price target will be SAR 78 - SAR 79 in the next 14-15 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website