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Compare Bali Towerindo Sentra Tbk (BALI) vs Indo Acidatama Tbk (SRSN) Price & Performance

Bali Towerindo Sentra TbkTrade
Indo Acidatama TbkTrade

Price performance (Past 24H)

Key statistics

Bali Towerindo Sentra Tbk vs Indo Acidatama Tbk — how do they compare? Bali Towerindo Sentra Tbk trades at Rp1,230 (market cap 4.94T, 1.8K 24h volume), while Indo Acidatama Tbk trades at Rp65 (market cap 391.3B, 16.68M 24h volume). The key difference: Bali Towerindo Sentra Tbk is far larger — about 12.6× Indo Acidatama Tbk's market cap, and Indo Acidatama Tbk is more actively traded (16.68M versus 1.8K). Which is the better fit depends on your goals.

BALISRSN
Market Cap
4.94T391.3B
Volume
1.8K16.68M
Lot
18166.8K
Turnover
2.2M1.07B
Average Price
1,221.1164.29
Value
2.2M1.07B
Indicative Equilibrium Price
1,25065
Indicative Equilibrium Volume
15.41K

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

BALI
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SRSN
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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 Indo Acidatama Tbk

PT Indo Acidatama Tbk formerly PT Sarasa Nugraha Tbk. (Company) was established based on the notarial deed of Sri Rahayu, S.H., No.5 dated December 7, 1982. The deed of establishment was approved by the Ministry of Justice in his decision letter No. C2-1433.HT.01.01.TH.85 dated March 18, 1985. The Company’s articles of association have been amended several times, most recently by deed No.55 dated December 30, 1998 of notary Ny. Indah Fatmawati, S.H., substitute notary of Ny. Fatimah Helmi, S.H., notary in Jakarta to comply with Law No.1 year 1995 on Limited Companies, and with Capital Market Law No.8 year 1995. The amended articles of association were approved by the Minister of Justice of the Republic of Indonesia in his decision letter No.C2-5462.HT.01.04.TH.99 dated March 29,1999.The Company is located in Jl. Raya Serang Km.24. 5i, Balaraja, Tangerang and its factory is located in Cibodas, Tangerang, West Java. The Company started commercial operations on February 1, 1984.

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