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The latest update is out from Dalipal Holdings Limited ( (HK:1921) ).
Dalipal Holdings Limited has secured an Initial Industrial License from Saudi Arabia’s Ministry of Industry and Mineral Resources for its wholly owned subsidiary Dalipal International for Industry, a key regulatory milestone that grants administrative approval to construct an energy equipment manufacturing project in the kingdom and positions the group within the framework of Saudi Vision 2030. The project has also received a 60-megawatt power allocation from the Saudi Ministry of Energy, clearing a critical infrastructure requirement for high-consumption industrial operations and enabling Dalipal to move ahead with engineering and construction work, with further scheduling details to be disclosed as the project progresses.
The most recent analyst rating on (HK:1921) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on Dalipal Holdings Limited stock, see the HK:1921 Stock Forecast page.
More about Dalipal Holdings Limited
Dalipal Holdings Limited is an energy equipment company that operates through subsidiaries to develop and construct manufacturing projects, including in overseas markets such as Saudi Arabia, aligning its activities with local industrial and regulatory frameworks.
Average Trading Volume: 2,626,081
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$10.95B
Find detailed analytics on 1921 stock on TipRanks’ Stock Analysis page.