Indo Kordsa Tbk vs Paninvest Tbk. — how do they compare? Indo Kordsa Tbk trades at Rp4,270 (market cap 1.99T, 1.7K 24h volume), while Paninvest Tbk. trades at Rp740 (market cap 2.99T, 28.8K 24h volume). The key difference: Paninvest Tbk. is the larger of the two by market cap, and Paninvest Tbk. is more actively traded (28.8K versus 1.7K). Which is the better fit depends on your goals.
| BRAM | PNIN | |
|---|---|---|
Market Cap | 1.99T | 2.99T |
Volume | 1.7K | 28.8K |
Lot | 17 | 288 |
Turnover | 7.37M | 21.05M |
Average Price | 4,336.47 | 730.99 |
Value | 7.37M | 21.05M |
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 Paninvest Tbk formerly PT Panin Insurance Tbk (the Company) was established in Jakarta under the name PT Pan-Union Insurance Ltd., based on Notarial Deed No. 84 dated October 24, 1973 of Notary Juliaan Nimrod Siregar Gelar Mangaradja Namora, S.H. The Company is one of the companies under Pan Indonesia (Panin) Group. Based on the Minutes of General Shareholders's Meeting held on June 28, 2013 which was notarized in Notarial Deed of Kumala Tjahjani Widodo, S.H., M.H.,Mkn., No.78, dated June 28, 2013, the shareholders agree the plan to change the Company's main business activity from general insurance company to tourism and transferred its general insurance portfolio along with portion of its assets and liabilities related to general insurance business to PT Asuransi Umum Panin, subsidiary.
Read more on PNIN →