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Compare Bali Towerindo Sentra Tbk (BALI) vs Rukun Raharja Tbk. (RAJA) Price & Performance

Bali Towerindo Sentra TbkTrade
Rukun Raharja Tbk.Trade

Price performance (Past 24H)

Key statistics

Bali Towerindo Sentra Tbk vs Rukun Raharja Tbk. — how do they compare? Bali Towerindo Sentra Tbk trades at Rp1,205 (market cap 4.76T, 200 24h volume), while Rukun Raharja Tbk. trades at Rp835 (market cap 18.18T, 127.84M 24h volume). The key difference: Rukun Raharja Tbk. is far larger — about 3.8× Bali Towerindo Sentra Tbk's market cap, and Rukun Raharja Tbk. is more actively traded (127.84M versus 200). Which is the better fit depends on your goals.

BALIRAJA
Market Cap
4.76T18.18T
Volume
200127.84M
Lot
21.28M
Turnover
240.5K107.89B
Average Price
1,202.5843.96
Value
240.5K107.89B
Indicative Equilibrium Price
835
Indicative Equilibrium Volume
52.25K

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

BALI
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RAJA
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About Bali Towerindo Sentra Tbk

PT Bali Towerindo Sentra Tbk (the Company) was established on July 6, 2006 based on notarial Deed No. 12 of Triska Damayanti, S.H., Notary in Bali. In 2004, the University of Udayana (the largest university in Bali) has conducted a feasibility study on the communications network infrastructure in Badung regency. The study concluded that the current BTS towers are inefficient and unorganized. As a result, it suggests the multi-tenant BTS towers can be optimized by 49 towers for combined GSM and CDMA transmissions compared to more than 100 single tenant towers at present. Based on this study, the local government has imposed regulations known as Peraturan Bupati Badung No. 62/2006 in conjunctions with regulatory and developments of multi-tenant telecommunication towers in Badung. The objective is to prevent the uncontrollable growth of mostly single-tenant operator-owned BTS towers in Badung regency. Adopting the above concept, BALITOWER has made completion to operate 48 BTS towers spread over in Badung’s strategic location, and it has finished constructing 13 BTS towers in Tabanan. The tower leasing business has also given BALITOWER another business opportunity to provide lease service of high capacity microwave transmission to mobile cellular operators. In 2007, BALITOWER has been awarded an operational license for 20 years by the regional government of Badung and Tabanan municipality in Bali province. The license will allow BALITOWER to be the only tower provider to operate in Badung and Tabanan regency which include tourist’ most favorite landscapes and beaches in Bali such as Kuta. Legian, Seminyak, Nusa Dua and Jimbaran. BALITOWER has spotted a dimensions of investing opportunity not only from the attractiveness of Bali island but also is has captured the opportunity in the growth of telecommunication industry perspective.

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About Rukun Raharja Tbk.

PT Rukun Raharja (the company) was established by deed No. 290 dated December 24, 1993 were made before Ir. Rusli, S.H., and amended by deed No. 163 dated February 19, 1994 which made Kristianto, S.H., notary in Jakarta.On Jan 2003, the company offered 120.000.000 stock and 84.000.000 warrant through the Surabaya Stock Exchange with par value of Rp 100 and offering price Rp 110.The Company started its commercial operations on Jan 2002 with early main bussines in property.

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