Price movement over the last 24 hours
Adaro Andalan Indonesia Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Adaro Andalan Indonesia Tbk. trades at Rp8,100 (market cap 63.27T, 3.86M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp478 (market cap 55.08T, 86.78M 24h volume). The key difference: Adaro Andalan Indonesia Tbk. and Merdeka Battery Materials Tbk. are close in size by market cap, and Merdeka Battery Materials Tbk. is more actively traded (86.78M versus 3.86M). Which is the better fit depends on your goals.
| AADI | MBMA | |
|---|---|---|
Market Cap | 63.27T | 55.08T |
Volume | 3.86M | 86.78M |
Lot | 38.59K | 867.8K |
Turnover | 31.18B | 42.63B |
Average Price | 8,080.56 | 491.23 |
Value | 31.18B | 42.63B |
Indicative Equilibrium Price | 8,100 | 478 |
Indicative Equilibrium Volume | 3.45K | 34.05K |
Trailing returns across standard periods
Latest headlines on both assets
PT Adaro Andalan Indonesia Tbk (formerly PT Alam Tri Abadi) (Company) was established based on Notarial Deed No. 2 which was made in the presence of Ir. Rusli, S.H., Notary in Bekasi, dated December 1, 2004.
Read more on AADI →PT Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).
Read more on MBMA →