Budi Starch Sweetener Tbk vs Martina Berto Tbk. — how do they compare? Budi Starch Sweetener Tbk trades at Rp206 (market cap 926.79B, 1.2K 24h volume), while Martina Berto Tbk. trades at Rp116 (market cap 124.12B, 596.9K 24h volume). The key difference: Budi Starch Sweetener Tbk is far larger — about 7.5× Martina Berto Tbk.'s market cap, and Martina Berto Tbk. is more actively traded (596.9K versus 1.2K). Which is the better fit depends on your goals.
| BUDI | MBTO | |
|---|---|---|
Market Cap | 926.79B | 124.12B |
Volume | 1.2K | 596.9K |
Lot | 12 | 5.97K |
Turnover | 247.2K | 68.25M |
Average Price | 206 | 114.34 |
Value | 247.2K | 68.25M |
Indicative Equilibrium Price | — | 116 |
Indicative Equilibrium Volume | — | 600 |
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 Martina Berto Tbk (the Company) was established in the Republic of Indonesia on 1 June 1977 based on Notarial deed No. 9 of Poppy Savitri Parmanto, S.H. In 1977, PT Matina Berto stands as a home industry with product branded Sariayu. In 1981, the company established the first modern factory on Pulo Ayan, Pulogadung Industrial Estate. In 1986, the second factory was established on Pulo Kambing, Pulogadung Industrial Estate. In 1993, the company acquired cosmetics factory PT Cedefindo as contract manufacturing for internal & external. In 1995, PT Martina Berto III was established in Gunung Putri, Bogor.The Company’s articles of association has been amended several times, most recently by notarial deed No.9 of Yanto W, S.H., dated Sep 27 2010, concerning among others, change in par value, and public offering.
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