Budi Starch Sweetener Tbk vs Indofood CBP Sukses Makmur Tbk. — how do they compare? Budi Starch Sweetener Tbk trades at Rp222 (market cap 989.78B, 69.7K 24h volume), while Indofood CBP Sukses Makmur Tbk. trades at Rp7,600 (market cap 88.05T, 3.78M 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 89× Budi Starch Sweetener Tbk's market cap, and Indofood CBP Sukses Makmur Tbk. is more actively traded (3.78M versus 69.7K). Which is the better fit depends on your goals.
| BUDI | ICBP | |
|---|---|---|
Market Cap | 989.78B | 88.05T |
Volume | 69.7K | 3.78M |
Lot | 697 | 37.82K |
Turnover | 15.33M | 28.77B |
Average Price | 219.89 | 7,606.18 |
Value | 15.33M | 28.77B |
Indicative Equilibrium Price | 222 | 7,600 |
Indicative Equilibrium Volume | 2 | 1.96K |
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 Indofood CBP Sukses Makmur (the company) was established on Sept 2, 2009, based on Notarial Deed No.25 of Herdimansyah Chaidirsyah, S.H. The Company’s Articles of Association was amended several times, the latest of which was covered in the Notarial Deed no.28 of Benny Kristianto dated Jun 10, 2010, among other, 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.The Company was a spin-off of the noodle division and food ingredient division of PT Indofood Sukses Makmur Tbk, the shareholder of the Company, and started to carry out the related business operations on Oct 1, 2009.
Read more on ICBP →