Price movement over the last 24 hours
Adaro Energy Indonesia Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Adaro Energy Indonesia Tbk trades at Rp2,300 (market cap 69.07T, 19.18M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp478 (market cap 55.08T, 86.78M 24h volume). The key difference: Adaro Energy Indonesia Tbk is the larger of the two by market cap, and Merdeka Battery Materials Tbk. is more actively traded (86.78M versus 19.18M). Which is the better fit depends on your goals.
| ADRO | MBMA | |
|---|---|---|
Market Cap | 69.07T | 55.08T |
Volume | 19.18M | 86.78M |
Lot | 191.85K | 867.8K |
Turnover | 44.12B | 42.63B |
Average Price | 2,299.98 | 491.23 |
Value | 44.12B | 42.63B |
Indicative Equilibrium Price | 2,300 | 478 |
Indicative Equilibrium Volume | 21.49K | 34.05K |
Trailing returns across standard periods
Latest headlines on both assets
Adaro Energy , PT (the company) was established under its original name of PT Padang Karunia on Jul 28, 2004 then changed to PT Adaro Energy Tbk based on Notaries Deed dated Apr 18, 2008. The deed of establishment was approved by the the Ministry of Justice dated Apr 25, 2008.
Read more on ADRO →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 →