Benteng Api Technic Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Benteng Api Technic Tbk. trades at Rp87 (market cap 260.15B, 460.3K 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 205.1× Benteng Api Technic Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (46.08M versus 460.3K). Which is the better fit depends on your goals.
| BATR | MBMA | |
|---|---|---|
Market Cap | 260.15B | 53.35T |
Volume | 460.3K | 46.08M |
Lot | 4.6K | 460.83K |
Turnover | 39.51M | 22.73B |
Average Price | 85.84 | 493.21 |
Value | 39.51M | 22.73B |
Indicative Equilibrium Price | 87 | 500 |
Indicative Equilibrium Volume | 4 | 35.08K |
Trailing returns across standard periods
Latest headlines on both assets
PT Benteng Api Technic, Tbk didirikan berdasarkan Akta Notaris Tutty Mulianingsih, SH., di Surabaya No.02 tanggal 09 September 2004. The Company commenced commercial operations in 2004.
Read more on BATR →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 →