Indo Kordsa Tbk vs Bank OCBC NISP Tbk. — how do they compare? Indo Kordsa Tbk trades at Rp4,550 (market cap 2.01T, 1.2K 24h volume), while Bank OCBC NISP Tbk. trades at Rp1,205 (market cap 27.37T, 1.93M 24h volume). The key difference: Bank OCBC NISP Tbk. is far larger — about 13.6× Indo Kordsa Tbk's market cap, and Bank OCBC NISP Tbk. is more actively traded (1.93M versus 1.2K). Which is the better fit depends on your goals.
| BRAM | NISP | |
|---|---|---|
Market Cap | 2.01T | 27.37T |
Volume | 1.2K | 1.93M |
Lot | 12 | 19.31K |
Turnover | 5.46M | 2.33B |
Average Price | 4,551.67 | 1,204.51 |
Value | 5.46M | 2.33B |
Indicative Equilibrium Price | — | 1,205 |
Indicative Equilibrium Volume | — | 123 |
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 Bank OCBC NISP Tbk, formerly PT Bank NISP Tbk. Bank NISP was established in 1941 based on deed No. 6 dated April 4, 1941 of notary Theodoor Johan Indewey Gerlings, under the name NV. Nederlandsch Indische Spaar En Deposito Bank (NISP). On May 1995 the bank has raised a US$ 19 million loan, to finance its expanding export credits. On 22 September 2010, the Board of Commissioners and Directors of Bank OCBC NISP and PT Bank OCBC Indonesia (Bank OCBC Indonesia) approved the merger plan related to the merger of Bank OCBC Indonesia into Bank OCBC NISP where Bank OCBC NISP will become the surviving Bank. The effective date of the merger of the Bank with PT Bank OCBC Indonesia was determined on 1 January 2011 based on Notarial Deed No. 10 dated 9 November 2010 of Fathiah Helmi, SH., notary in Jakarta.
Read more on NISP →