Batulicin Nusantara Maritim Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Batulicin Nusantara Maritim Tbk trades at Rp930 (market cap 3.22T, 11.6K 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 16.6× Batulicin Nusantara Maritim Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (46.08M versus 11.6K). Which is the better fit depends on your goals.
| BESS | MBMA | |
|---|---|---|
Market Cap | 3.22T | 53.35T |
Volume | 11.6K | 46.08M |
Lot | 116 | 460.83K |
Turnover | 10.49M | 22.73B |
Average Price | 904.18 | 493.21 |
Value | 10.49M | 22.73B |
Indicative Equilibrium Price | — | 500 |
Indicative Equilibrium Volume | — | 35.08K |
Trailing returns across standard periods
Latest headlines on both assets
PT Batulicin Nusantara Maritim Tbk (the “Company”) was established based on Notarial Deed No. 53 dated May 25, 2011 of Muhammad Faried Zain, S.H., M.H., notary in Banjarmasin. The Company’s immediate Parent Company is PT Batulicin Enam Sembilan Transportasi, and its Ultimate Parent Company is PT Batulicin Enam Sembilan. The Company started its commercial operations in 2012.
Read more on BESS →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 →