Gudang Garam Tbk. vs MNC Energy Investments Tbk. — how do they compare? Gudang Garam Tbk. trades at Rp16,950 (market cap 32.42T, 261.1K 24h volume), while MNC Energy Investments Tbk. trades at Rp58 (market cap 1.85T, 7.01M 24h volume). The key difference: Gudang Garam Tbk. is far larger — about 17.5× MNC Energy Investments Tbk.'s market cap, and MNC Energy Investments Tbk. is more actively traded (7.01M versus 261.1K). Which is the better fit depends on your goals.
| GGRM | IATA | |
|---|---|---|
Market Cap | 32.42T | 1.85T |
Volume | 261.1K | 7.01M |
Lot | 2.61K | 70.06K |
Turnover | 4.44B | 409.75M |
Average Price | 16,992.86 | 58.48 |
Value | 4.44B | 409.75M |
Indicative Equilibrium Price | 16,850 | 59 |
Indicative Equilibrium Volume | 5.8K | 1.19M |
Trailing returns across standard periods
Latest headlines on both assets
PT Gudang Garam Tbk (the Company), previously named as PT Perusahaan Rokok Tjap Gudang Garam Kediri was established by Deed of Mr. Suroso S.H., acting notary public in Kediri, dated 30 June 1971 No. 10 amended by deed of the same notary dated 13 October 1971 No. 13. The Company is a continuation of a Proprietorship which was established in 1958. In 1969, the Company changed its legal status to a Partnership and in 1971 it was further changed its legal entity as a Limited Liability Company. Commercial operation was commenced in 1958.
Read more on GGRM →PT MNC Energy Investments Tbk (“Company”) was established based on Deed No. 14 dated September 10, 1968 of Notary Frederik Alexander Tumbuan. The Deed of Establishment was approved by the Ministry of Justice of the Republic of Indonesia, in its Letter No. JA5/18/21 dated April 15, 1969. The Company’s Articles of Association has been amended several times, most recently by Deed No. 102 dated December 15, 2022 of Notary Aulia Taufani SH, Notary in South Jakarta.The Company engaged in investments focusing on the energy sector, particularly coal mining. The Company take over 99,33% of PT Bhakti Coal Resources (“BCR”) shares from PT MNC Asia Holding Tbk. BCR is the parent company of eight coal companies with Mining Business Licenses (IUP) in Musi Banyuasin, South Sumatera. The total mining area is approximately 72.478 Ha with estimated total resources of up to 1.6 billion MT.The Company also has other subsidiaries that developed various types of business, such as mining service and port management through PT MNC Infrastruktur Utama, air charter services through PT Indonesia Air Transport, aircraft repair and maintenance through PT Global Maintenance Facility, and PT Bhakti Migas Resources.
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