Budi Starch Sweetener Tbk vs Multi Spunindo Jaya Tbk. — how do they compare? Budi Starch Sweetener Tbk trades at Rp206 (market cap 926.79B, 36.6K 24h volume), while Multi Spunindo Jaya Tbk. trades at Rp408 (market cap 2.4T, 10.59M 24h volume). The key difference: Multi Spunindo Jaya Tbk. is far larger — about 2.6× Budi Starch Sweetener Tbk's market cap, and Multi Spunindo Jaya Tbk. is more actively traded (10.59M versus 36.6K). Which is the better fit depends on your goals.
| BUDI | MSJA | |
|---|---|---|
Market Cap | 926.79B | 2.4T |
Volume | 36.6K | 10.59M |
Lot | 366 | 105.89K |
Turnover | 7.54M | 4.29B |
Average Price | 206 | 405.26 |
Value | 7.54M | 4.29B |
Indicative Equilibrium Price | 206 | 408 |
Indicative Equilibrium Volume | 46 | 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 Multi Spunindo Jaya Tbk (the Company), was established based on Notarial Deed of WahyudiSuyanto, S.H., No. 102 dated March 7, 1997. The Company started its commercial operation in 1999. The Company’s immediate parent company is PT Maju Selaras Jayamerta and the ultimate controlling shareholder of the Company is Sasongko Basuki.
Read more on MSJA →