Budi Starch Sweetener Tbk vs Armada Berjaya Trans Tbk — how do they compare? Budi Starch Sweetener Tbk trades at Rp206 (market cap 926.79B, 1.2K 24h volume), while Armada Berjaya Trans Tbk trades at Rp123 (market cap 97.42B, 1.12M 24h volume). The key difference: Budi Starch Sweetener Tbk is far larger — about 9.5× Armada Berjaya Trans Tbk's market cap, and Armada Berjaya Trans Tbk is more actively traded (1.12M versus 1.2K). Which is the better fit depends on your goals.
| BUDI | JAYA | |
|---|---|---|
Market Cap | 926.79B | 97.42B |
Volume | 1.2K | 1.12M |
Lot | 12 | 11.24K |
Turnover | 247.2K | 138.18M |
Average Price | 206 | 122.97 |
Value | 247.2K | 138.18M |
Indicative Equilibrium Price | — | 122 |
Indicative Equilibrium Volume | — | 3.5K |
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 Armada Berjaya Trans (“the Entity”) was established based on the Notarial Deed No. 41 dated May 30, 2012 of Myra Yuwono, S.H. The Articles of Assocation has been amended several times, and the latest changes are stated in the Notarial Deed of Christina Dwi Utami, S.H. No. 39 dated August 21, 2018, concerning in the change in the Entity’s name from PT Armada Beton to PT Armada Berjaya Trans. PT Armada Beton specialising in Cement Mixer transporter. Since 2015 the company shifted its focus into general land transport business.
Read more on JAYA →