ALBABTAIN
71.65 SAR
+0.21%
Today
+0.56%
1D
Market is closed
Sun
10:00 AM ~ 3:00 PM
Mon
10:00 AM ~ 3:00 PM
Tue
10:00 AM ~ 3:00 PM
Wed
10:00 AM ~ 3:00 PM
Thu
10:00 AM ~ 3:00 PM
Fri
Closed
Sat
Closed
Information
Name
Al Babtain Power & Telecom
Currency
SAR
Standard Leverage
1X
Market Cap
4.31B
Avg Daily Volume
352.88K
52 Week High
72 SAR
52 Week Low
46.55 SAR
Trading Hours
See hours
Business Summary
Al-Babtain Power and Telecommunications Company, together with its subsidiaries, produces lighting poles, power transmission towers and accessories, and communication towers in Saudi Arabia and internationally. The company operates through the Towers and Metal Structures Sector; Poles and Lighting Sector; Design, Supply, and Installation Sector; and Solar Energy Sector segments. The Towers and Metal Structures Sector segment produces power transmission towers, galvanized communication towers and tests, and galvanized steel structures. The Poles and Lighting Sector segment engages in the production and galvanization of electricity and lighting poles, masts, and accessories; and production of street lighting lanterns for playgrounds and gardens, as well as electricity distribution panels. The Design, Supply, and Installation Sector segment supplies, installs, and maintains communication systems. The Solar Energy Sector segment is involved in the production of mobile metal components for solar photovoltaic energy tracking systems. In addition, it designs and produces poles, masts, and lanterns for lighting, and squares; manufactures, markets, and sells decorative poles and LED lighting; and installs, operates, and maintains programs for wired and wireless communication systems, computer devices, and networks, as well as mechanical and electrical equipment for factories; and metal moving components for single and biaxial solar PV tracking systems, and fixed metal components for the solar PV system. The company also installs, maintains, and repairs wind energy networks, and generates electric energy; and offers electrical and mechanical works, as well as provides oil and gas field services, including contracting; and operation and maintenance services for communication programs and systems. Al-Babtain Power and Telecommunications Company was founded in 1955 and is headquartered in Riyadh, Saudi Arabia.
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Frequently Asked Questions
What are industrial stocks in trading?
Industrial stocks represent companies involved in manufacturing, infrastructure, construction, and transportation.
Are industrial stocks a good long-term investment?
Yes, especially during economic expansions. They may offer consistent returns and dividends, though they can be sensitive to economic slowdowns and interest rate changes.
How do interest rates impact industrial stocks?
Rising interest rates can increase borrowing costs for industrial companies, which may reduce profit margins and capital spending, impacting stock performance.
What are examples of industrial sectors to watch?
Aerospace, defense, construction, machinery, and logistics are key sectors often tracked by investors looking for industrial exposure.
