Indo Kordsa Tbk vs Langgeng Makmur Industri Tbk. — how do they compare? Indo Kordsa Tbk trades at Rp4,550 (market cap 2.01T, 1.2K 24h volume), while Langgeng Makmur Industri Tbk. trades at Rp139 (market cap 139.18B, 244.8K 24h volume). The key difference: Indo Kordsa Tbk is far larger — about 14.4× Langgeng Makmur Industri Tbk.'s market cap, and Langgeng Makmur Industri Tbk. is more actively traded (244.8K versus 1.2K). Which is the better fit depends on your goals.
| BRAM | LMPI | |
|---|---|---|
Market Cap | 2.01T | 139.18B |
Volume | 1.2K | 244.8K |
Lot | 12 | 2.45K |
Turnover | 5.46M | 34.79M |
Average Price | 4,551.67 | 142.1 |
Value | 5.46M | 34.79M |
Indicative Equilibrium Price | — | 139 |
Indicative Equilibrium Volume | — | 28 |
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. Langgeng Makmur Industri TBk (the Company) was established under the Domestic Capital Investment Law No. 6 of 1968 as amended by Law No. 12 of 1970, based on the Notarial Deed No. 40 dated November 30, 1972 of Kho Boen Tian, S.H., which was amended by Notarial Deed No. 3 dated January 7, 1976 of the same notary concerning the change in the Company name from PT Langgeng Jaya Plastic Industry Ltd., to PT Langgeng Makmur Plastic Industry Ltd. Based on Notarial Deed No. 450 dated June 27, 1997 of Adam Kasdarmadji, S.H., the Company's name has been changed, to PT Langgeng Makmur Industri Tbk.
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