- Naranj Research Desk
NAMA Chemicals Company, along with its subsidiaries, develops, operates, and manages industrial projects in the petrochemical and chemical industries across Saudi Arabia, the Gulf region, Asia, Africa, Europe, and other global markets. The company operates through three main segments: Epoxy Resin Products, Chlor Alkali Products, and Others. Its product portfolio includes epoxy resins, anhydrous caustic soda, epichlorohydrin, and calcium chloride. In addition to its core chemical business, NAMA is also involved in real estate activities. Established in 1992, the company is headquartered in Jubail, Kingdom of Saudi Arabia.
NAMA CHEMICALS — TASI —
A bullish signal is generated as the K line (blue) crosses over the D line (orange) from below, indicating a reversal from oversold conditions.
Based on our short term trading of Saudi stocks, Nama Chemicals stock price target will be SAR 28.75 - SAR 29 in the next 14-15 trading sessions.