Eratex Djaja Tbk. vs Indo Acidatama Tbk — how do they compare? Eratex Djaja Tbk. trades at Rp147 (market cap 190.41B, 3.3M 24h volume), while Indo Acidatama Tbk trades at Rp65 (market cap 391.3B, 15.45M 24h volume). The key difference: Indo Acidatama Tbk is far larger — about 2.1× Eratex Djaja Tbk.'s market cap, and Indo Acidatama Tbk is more actively traded (15.45M versus 3.3M). Which is the better fit depends on your goals.
| ERTX | SRSN | |
|---|---|---|
Market Cap | 190.41B | 391.3B |
Volume | 3.3M | 15.45M |
Lot | 32.95K | 154.52K |
Turnover | 495.03M | 1.01B |
Average Price | 150.22 | 65.19 |
Value | 495.03M | 1.01B |
Indicative Equilibrium Price | 147 | 65 |
Indicative Equilibrium Volume | 424 | 1.02K |
Trailing returns across standard periods
Latest headlines on both assets
PT Eratex Djaja Tbk (the "Entity") was established in the framework of Foreign Capital Investment Law No.1, 1967 by Notarial Deed No.7 dated October 12, 1972 based on Deed prepared by Koerniatini Karim, Public Notary in Jakarta. Founded in 1972 as a joint venture company between PT Private Development Finance Company of Indonesia Ltd. and Limmen Investment Ltd., Unisouh Holding Ltd., Eastern Cotton Mills Ltd. Yarn spinning factory was built in 1973 on 17 ha of land in Probolinggo.
Read more on ERTX →PT Indo Acidatama Tbk formerly PT Sarasa Nugraha Tbk. (Company) was established based on the notarial deed of Sri Rahayu, S.H., No.5 dated December 7, 1982. The deed of establishment was approved by the Ministry of Justice in his decision letter No. C2-1433.HT.01.01.TH.85 dated March 18, 1985. The Company’s articles of association have been amended several times, most recently by deed No.55 dated December 30, 1998 of notary Ny. Indah Fatmawati, S.H., substitute notary of Ny. Fatimah Helmi, S.H., notary in Jakarta to comply with Law No.1 year 1995 on Limited Companies, and with Capital Market Law No.8 year 1995. The amended articles of association were approved by the Minister of Justice of the Republic of Indonesia in his decision letter No.C2-5462.HT.01.04.TH.99 dated March 29,1999.The Company is located in Jl. Raya Serang Km.24. 5i, Balaraja, Tangerang and its factory is located in Cibodas, Tangerang, West Java. The Company started commercial operations on February 1, 1984.
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