Gudang Garam Tbk. vs Reliance Sekuritas Indonesia Tbk. — how do they compare? Gudang Garam Tbk. trades at Rp20,025 (market cap 38.53T), while Reliance Sekuritas Indonesia Tbk. trades at Rp496 (market cap 892.8B). The key difference: Gudang Garam Tbk. is far larger — about 43.2× Reliance Sekuritas Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| GGRM | RELI | |
|---|---|---|
Market Cap | 38.53T | 892.8B |
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. Reliance Securities (the company) was established under its original name of Istethmar Finas Securities on 22 Feb 1993 then changed to PT Ludlow Securities on 13 Sep 1999. According with Notaries deed on 28 March 2003 company's name changed to PT Reliance Securities. And the company's name changed to PT Reliance Securities Tbk on 19 May 2005 with amended the articles of association no 19 dated 14 April 2005.
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