Budi Starch Sweetener Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Budi Starch Sweetener Tbk trades at Rp206 (market cap 935.79B, 20.1K 24h volume), while Merdeka Battery Materials Tbk. trades at Rp520 (market cap 55.08T, 83.26M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 58.9× Budi Starch Sweetener Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (83.26M versus 20.1K). Which is the better fit depends on your goals.
| BUDI | MBMA | |
|---|---|---|
Market Cap | 935.79B | 55.08T |
Volume | 20.1K | 83.26M |
Lot | 201 | 832.61K |
Turnover | 4.18M | 43.41B |
Average Price | 207.72 | 521.35 |
Value | 4.18M | 43.41B |
Indicative Equilibrium Price | 208 | 520 |
Indicative Equilibrium Volume | 13.8K | 13.46K |
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 Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).
Read more on MBMA →