Budi Starch Sweetener Tbk vs Eratex Djaja Tbk. — how do they compare? Budi Starch Sweetener Tbk trades at Rp206 (market cap 926.79B), while Eratex Djaja Tbk. trades at Rp148 (market cap 189.12B, 2.36M 24h volume). The key difference: Budi Starch Sweetener Tbk is far larger — about 4.9× Eratex Djaja Tbk.'s market cap. Which is the better fit depends on your goals.
| BUDI | ERTX | |
|---|---|---|
Market Cap | 926.79B | 189.12B |
Volume | — | 2.36M |
Lot | — | 23.64K |
Turnover | — | 347.6M |
Average Price | — | 147.05 |
Value | — | 347.6M |
Indicative Equilibrium Price | — | 148 |
Indicative Equilibrium Volume | — | 15 |
Trailing returns across standard periods
Latest headlines on both assets
PT Budi Starch & Sweetener Tbk (the Company) formerly Budi Acid Jaya (BAJ) was established based on Notarial Deed No. 15 dated January 15, 1979 of Henk Limanow, SH., public notary in Jakarta. PT Budi Starch & Sweetener Tbk is the world`s largest tapioca starch producer. BAJ is an integrated cassava based manufacturer : citric acid, modified tapioca starch and monosodium glutamate (MSG). It also produces sulphuric acid and poly propelene woven bag.
Read more on BUDI →PT Eratex Djaja Tbk (the "Entity") was established in the framework of Foreign Capital Investment Law No.1, 1967 by Notarial Deed No.7 dated October 12, 1972 based on Deed prepared by Koerniatini Karim, Public Notary in Jakarta. Founded in 1972 as a joint venture company between PT Private Development Finance Company of Indonesia Ltd. and Limmen Investment Ltd., Unisouh Holding Ltd., Eastern Cotton Mills Ltd. Yarn spinning factory was built in 1973 on 17 ha of land in Probolinggo.
Read more on ERTX →