We as a group chose Almarai as our company of choice for a range of reasons. Founded in 1977 by the prince Sultan bin Mohammed and the Irish brothers Alastair and Paddy McGuckian. Almarai serves as the largest vertically integrated dairy foods firm to ever exist in the world today. Not to mention that it is a multinational company, the company serves an impressive number of regions as it serves the GCC countries plus Jordan and Egypt. The well-known company is not only interested in dairy foods but it also deals with agriculture products like fruits, grains and coffee. The company also deals in poultry and milk alternatives. The aforementioned company serves as a remarkable studying specimen for our case. Most importantly, because of the abundance of information available about the firm due to its massive size, reach, and age which can make it easier for us students to research about and conduct our study. Another reason to choose Almarai is that it is a healthy company who is has long been established with a long history of success and as of now it is relatively stable, which can make for accurate and better result and will make our will generate fairly representative information about the companys financial situation in the recant years.

1-First Quarter (May 10, 2021August 21, 2021):

Share Price: increased by 1.82 percent, from 55 to 56 riyals.

Reason: The rise in share price may be attributed to a bullish market, strong financial results, or other company-specific elements. It is challenging to establish the precise cause of the price increase during this time without particular news or economic events.

2. Second Quarter (Nov 11, 2021Feb 13, 2022):

Share Price: decreased (-5.74%) from 52.3 riyals to 49.3 riyals.

Reason: A number of variables, including general market circumstances, trends in the world economy, or particular events that had an impact on the company or the Saudi Arabian economy, could have contributed to the decline in share price. Examining news items from this time period can assist in determining the cause of the price fall.

3. Third Quarter (May 12, 2022August 11, 2022):

Share Price: increased by 3.85%, going from 52 to 54 riyals.

Reason: Positive financial performance, a rise in investor confidence, or other factors specific to Almarai could all be contributing to the increase in share price. For a more thorough understanding of the causes of the price increase during this time, it is advised to research news articles about business and the Saudi Arabian economy.

4. Fourth Quarter (Nov. 13, 2022Feb. 13, 2023):

Share Price: from 56.8 riyals to 52.9 riyals (a reduction of -6.87%).

Reason: Several variables, including general market conditions, company-specific performance, and economic events, could have had an impact on the decline in share price. Understanding the precise causes of the price fall can be gained by examining news stories on Almarai and the Saudi economy.

5. Last Quarter (May 11, 2023):

Share Price: increased by 9.45% from the prior quarter to 57.9 riyals.

Reason: Positive corporate news, excellent financial performance, market expectations, or other factors could be to blame for the sharp rise in share price. Finding the precise causes of the price increase will be made easier by looking at news reports about Almarai and the Saudi economy during this time.

write your expectations about Almarai share price in the future?

Write a conclusion for the report?