Taqa Morocco becomes third largest on Casablanca stock market

Taqa Morocco became the third largest company by market capitalization at the Casablanca stock exchange.

Driven by an exceptional stock market performance from the start of the year, the company’s stock has risen progressively due to investor revaluation, positioning it behind only major players like Attijariwafa Bank and Maroc Telecom.

As of May 12, 2025, TAQA Morocco’s stock price was reported at $282.83, with a market capitalization of $6.67 billion (approximately 64.89 billion MAD as of May 14, 2025). The stock has risen by 95.07% over the past year, with a 41.04% increase in the month prior to May 2025 alone

The company, the largest private investor in Morocco’s energy sector, has strengthened investor confidence with the launch of an investment plan in renewable energy.

The total market capitalization of the exchange reached 925.26 billion MAD in March 2025, up from 858.94 billion MAD in February 2025, indicating a robust market environment.