Indo Kordsa Tbk vs Merry Riana Edukasi Tbk. — how do they compare? Indo Kordsa Tbk trades at Rp4,550 (market cap 2.01T, 1.2K 24h volume), while Merry Riana Edukasi Tbk. trades at Rp102 (market cap 104.55B, 847.4K 24h volume). The key difference: Indo Kordsa Tbk is far larger — about 19.2× Merry Riana Edukasi Tbk.'s market cap, and Merry Riana Edukasi Tbk. is more actively traded (847.4K versus 1.2K). Which is the better fit depends on your goals.
| BRAM | MERI | |
|---|---|---|
Market Cap | 2.01T | 104.55B |
Volume | 1.2K | 847.4K |
Lot | 12 | 8.47K |
Turnover | 5.46M | 86.21M |
Average Price | 4,551.67 | 101.74 |
Value | 5.46M | 86.21M |
Indicative Equilibrium Price | — | 102 |
Indicative Equilibrium Volume | — | 265 |
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. Merry Riana Edukasi Tbk (Company) was established on June 23, 2016 based on the Notarial deed of Tan Susy, S.H., No. 204. The Company started its commercial operations in 2016.
Read more on MERI →