Indo Kordsa Tbk vs Krakatau Steel (Persero) Tbk. — how do they compare? Indo Kordsa Tbk trades at Rp4,550 (market cap 2.01T, 1.2K 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp224 (market cap 4.41T, 10.07M 24h volume). The key difference: Krakatau Steel (Persero) Tbk. is far larger — about 2.2× Indo Kordsa Tbk's market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (10.07M versus 1.2K). Which is the better fit depends on your goals.
| BRAM | KRAS | |
|---|---|---|
Market Cap | 2.01T | 4.41T |
Volume | 1.2K | 10.07M |
Lot | 12 | 100.67K |
Turnover | 5.46M | 2.28B |
Average Price | 4,551.67 | 226.43 |
Value | 5.46M | 2.28B |
Indicative Equilibrium Price | — | 224 |
Indicative Equilibrium Volume | — | 3.88K |
Trailing returns across standard periods
Latest headlines on both assets
PT Indo Kordsa Tbk (the Company) was established in 1981 in Jakarta, PT Branta Mulia Tbk was South East Asian’s first tire cord fabric manufacturer. The Branta Mulia Group has since expanded its vertical integration to include the production facilities of nylon 66 and polyester tire yarns used in the manufacture of tire cord fabrics. The company’s production process applies state of the art technologies in its Indonesian and Thailand tire cord fabric plants. PT Branta Mulia Tbk became a publicly listed company in 1990 when its shares were initially listed on the Jakarta and Surabaya Stock Exchanges. All of the company’s issued shares have been de-listed from PT Bursa Efek Surabaya effective from 5 September 1999.
Read more on BRAM →PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →