Budi Starch Sweetener Tbk vs Salim Ivomas Pratama Tbk. — how do they compare? Budi Starch Sweetener Tbk trades at Rp206 (market cap 926.79B, 36.6K 24h volume), while Salim Ivomas Pratama Tbk. trades at Rp555 (market cap 8.45T, 6.93M 24h volume). The key difference: Salim Ivomas Pratama Tbk. is far larger — about 9.1× Budi Starch Sweetener Tbk's market cap, and Salim Ivomas Pratama Tbk. is more actively traded (6.93M versus 36.6K). Which is the better fit depends on your goals.
| BUDI | SIMP | |
|---|---|---|
Market Cap | 926.79B | 8.45T |
Volume | 36.6K | 6.93M |
Lot | 366 | 69.29K |
Turnover | 7.54M | 3.81B |
Average Price | 206 | 549.27 |
Value | 7.54M | 3.81B |
Indicative Equilibrium Price | 206 | 555 |
Indicative Equilibrium Volume | 46 | 2.29K |
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 Salim Ivomas Pratama Tbk (the company) was established under its original name of PT Ivomas Pratama base on notarial deed No.65 of Mrs Maria Kidarsa, S.H, dated on 12 Aug, 1992. The Company’s articles of association has been amended several times, most recently by notarial deed No. 46 of Benny Kristianto, S.H., dated Dec 14, 2010, concerning among others, the change in the Company’s name, par value and public offering.
Read more on SIMP →