Multitrend Indo Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Multitrend Indo Tbk trades at Rp174 (market cap 485.32B, 589.3K 24h volume), while Merdeka Battery Materials Tbk. trades at Rp500 (market cap 53.35T, 46.08M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 109.9× Multitrend Indo Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (46.08M versus 589.3K). Which is the better fit depends on your goals.
| BABY | MBMA | |
|---|---|---|
Market Cap | 485.32B | 53.35T |
Volume | 589.3K | 46.08M |
Lot | 5.89K | 460.83K |
Turnover | 101.82M | 22.73B |
Average Price | 172.78 | 493.21 |
Value | 101.82M | 22.73B |
Indicative Equilibrium Price | 174 | 500 |
Indicative Equilibrium Volume | 60 | 35.08K |
Trailing returns across standard periods
Latest headlines on both assets
PT Multitrend Indo Tbk ("Company") was established based on notary deed Drs. Wijanto Suwongso, SH, No. 20 dated September 7, 2004 and has beeen approved by the Ministry of Justice and Human Rights of Republic of Indonesia in its Decision Decree No. C-25996 HT.01.01.TH.2004 dated October 19 2004, and announced in the State Gazette No. 96 dated November 30, 2004, Supplement to the State Gazette of the Republic of Indonesia No. 11708. The Company started its commercial operations in 2004. PT Kanmo Retailindo are the parent entity and the ultimate parent of the Company.
Read more on BABY →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 →