Argo Pantes Tbk vs Indospring Tbk. — how do they compare? Argo Pantes Tbk trades at Rp1,160 (market cap 3.7T, 117.3K 24h volume), while Indospring Tbk. trades at Rp268 (market cap 1.78T, 1.48M 24h volume). The key difference: Argo Pantes Tbk is far larger — about 2.1× Indospring Tbk.'s market cap, and Indospring Tbk. is more actively traded (1.48M versus 117.3K). Which is the better fit depends on your goals.
| ARGO | INDS | |
|---|---|---|
Market Cap | 3.7T | 1.78T |
Volume | 117.3K | 1.48M |
Lot | 1.17K | 14.79K |
Turnover | 136.3M | 393.09M |
Average Price | 1,161.99 | 265.87 |
Value | 136.3M | 393.09M |
Indicative Equilibrium Price | — | 268 |
Indicative Equilibrium Volume | — | 50 |
Trailing returns across standard periods
Latest headlines on both assets
PT Argo Pantes Tbk (the Company) was established on July 12, 1977 based on Deed No. 30 of Darwani Sidi Bakaroedin, S.H., Notary in Jakarta. PT Argo Pantes, one of the largest integrated textile companies in Indonesia. The Company achieved ISO 9002 certification in 1997 from SGS, Indonesia, and is the flagship Company of the Argo Manunggal Group. To date, the Companys export sales has reached 80% from more than 200 international customers in 40 countries worldwide, much as : Levis, Liz Claiborne, Marks & Spencer. NIKE, NEXT, GAP, and Tommy Hilfiger.
Read more on ARGO →PT Indospring started its operations in 1978 producing motor vehicles, railway rolling stocks and industrial machinery. The company has an technical assistance agreement with Mitsubishi Steel Manufacturing Co., And recently the products are also exported.
Read more on INDS →