Indo Kordsa Tbk vs Tower Bersama Infrastructure Tbk. — how do they compare? Indo Kordsa Tbk trades at Rp4,270 (market cap 1.99T, 1.7K 24h volume), while Tower Bersama Infrastructure Tbk. trades at Rp1,435 (market cap 32.97T, 74.8K 24h volume). The key difference: Tower Bersama Infrastructure Tbk. is far larger — about 16.6× Indo Kordsa Tbk's market cap, and Tower Bersama Infrastructure Tbk. is more actively traded (74.8K versus 1.7K). Which is the better fit depends on your goals.
| BRAM | TBIG | |
|---|---|---|
Market Cap | 1.99T | 32.97T |
Volume | 1.7K | 74.8K |
Lot | 17 | 748 |
Turnover | 7.37M | 107.43M |
Average Price | 4,336.47 | 1,436.22 |
Value | 7.37M | 107.43M |
Indicative Equilibrium Price | — | 1,450 |
Indicative Equilibrium Volume | — | 13 |
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 Tower Bersama Infrastructure (the Company) was established under its original name of PT Banyan Mas on Nov 8th, 2004 then changed to PT Tower Bersama Infrastructure based on Notaries Deed dated Oct 24, 2009 and the deed of establishment was approved by the the Ministry of Justice dated Feb 13, 2008. The Company’s articles of association has been amended several times, most recently by notarial deed No. 145 of Aulia Taufani, S.H., dated Jul 21, 2010, concerning among others, the change in the Company’s name, equity, public company and for the amendments in the company's whole articles of Association to comply with the requirements of the Capital Market and Financial Institutions Supervisory Agency.
Read more on TBIG →