Indo Kordsa Tbk vs Indo Acidatama Tbk — how do they compare? Indo Kordsa Tbk trades at Rp4,550 (market cap 2.01T, 1.2K 24h volume), while Indo Acidatama Tbk trades at Rp65 (market cap 391.3B, 15.45M 24h volume). The key difference: Indo Kordsa Tbk is far larger — about 5.1× Indo Acidatama Tbk's market cap, and Indo Acidatama Tbk is more actively traded (15.45M versus 1.2K). Which is the better fit depends on your goals.
| BRAM | SRSN | |
|---|---|---|
Market Cap | 2.01T | 391.3B |
Volume | 1.2K | 15.45M |
Lot | 12 | 154.52K |
Turnover | 5.46M | 1.01B |
Average Price | 4,551.67 | 65.19 |
Value | 5.46M | 1.01B |
Indicative Equilibrium Price | — | 65 |
Indicative Equilibrium Volume | — | 1.02K |
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 Indo Acidatama Tbk formerly PT Sarasa Nugraha Tbk. (Company) was established based on the notarial deed of Sri Rahayu, S.H., No.5 dated December 7, 1982. The deed of establishment was approved by the Ministry of Justice in his decision letter No. C2-1433.HT.01.01.TH.85 dated March 18, 1985. The Company’s articles of association have been amended several times, most recently by deed No.55 dated December 30, 1998 of notary Ny. Indah Fatmawati, S.H., substitute notary of Ny. Fatimah Helmi, S.H., notary in Jakarta to comply with Law No.1 year 1995 on Limited Companies, and with Capital Market Law No.8 year 1995. The amended articles of association were approved by the Minister of Justice of the Republic of Indonesia in his decision letter No.C2-5462.HT.01.04.TH.99 dated March 29,1999.The Company is located in Jl. Raya Serang Km.24. 5i, Balaraja, Tangerang and its factory is located in Cibodas, Tangerang, West Java. The Company started commercial operations on February 1, 1984.
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