Budi Starch Sweetener Tbk vs Langgeng Makmur Industri Tbk. — how do they compare? Budi Starch Sweetener Tbk trades at Rp206 (market cap 926.79B, 32K 24h volume), while Langgeng Makmur Industri Tbk. trades at Rp139 (market cap 140.18B, 67.5K 24h volume). The key difference: Budi Starch Sweetener Tbk is far larger — about 6.6× Langgeng Makmur Industri Tbk.'s market cap, and Langgeng Makmur Industri Tbk. is more actively traded (67.5K versus 32K). Which is the better fit depends on your goals.
| BUDI | LMPI | |
|---|---|---|
Market Cap | 926.79B | 140.18B |
Volume | 32K | 67.5K |
Lot | 320 | 675 |
Turnover | 6.59M | 9.33M |
Average Price | 206 | 138.16 |
Value | 6.59M | 9.33M |
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. Langgeng Makmur Industri TBk (the Company) was established under the Domestic Capital Investment Law No. 6 of 1968 as amended by Law No. 12 of 1970, based on the Notarial Deed No. 40 dated November 30, 1972 of Kho Boen Tian, S.H., which was amended by Notarial Deed No. 3 dated January 7, 1976 of the same notary concerning the change in the Company name from PT Langgeng Jaya Plastic Industry Ltd., to PT Langgeng Makmur Plastic Industry Ltd. Based on Notarial Deed No. 450 dated June 27, 1997 of Adam Kasdarmadji, S.H., the Company's name has been changed, to PT Langgeng Makmur Industri Tbk.
Read more on LMPI →