- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
5% - 8%
12 - 14 Days
5% - 8%
12 - 14 Days
Founded in 1955, Al-Babtain Power and Telecommunications Company, based in Riyadh, Saudi Arabia, produces lighting poles, power transmission towers, and accessories in the UAE, Saudi Arabia, and the Egyptian Arab Republic. The company operates in various sectors, including Towers and Metal Structures, Poles and Lighting, Design, Supply, and Installation, and Solar Energy. It produces power transmission towers, galvanized communication towers, street lighting lanterns, electricity distribution panels, and mobile metal components for solar photovoltaic energy tracking systems. The company also designs and produces poles, masts, and lanterns for lighting, manufactures decorative poles and LED lighting, and installs and maintains communication systems. It also provides wind energy networks, electrical and mechanical works, and oil and gas field services.
ALBABTAIN — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 34.46 | Neutral |
| CCI-14 | -165.72 | OverSold |
| Stochastic RSI | 72.18 | Neutral |
| ROC | -10.16 | Negative |
| William %R | -66.14 | Neutral |
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 233.86 | Above |
| 10 EMA | 232.28 | Above |
| 20 EMA | 225.85 | Above |
| 50 EMA | 209.20 | Above |
| 100 EMA | 193.50 | Above |
| 200 EMA | 177.89 | Above |
Based on our stock selection for KSA Tadawul, Al-Babtain Power and Telecommunication stock price target will be SAR 58.5 - SAR 60 in the next 12-14 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.
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