Gunung Raja Paksi Tbk. vs Krakatau Steel (Persero) Tbk. — how do they compare? Gunung Raja Paksi Tbk. trades at Rp294 (market cap 3.58T, 527.5K 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp228 (market cap 4.33T, 2.2M 24h volume). The key difference: Krakatau Steel (Persero) Tbk. is the larger of the two by market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (2.2M versus 527.5K). Which is the better fit depends on your goals.
| GGRP | KRAS | |
|---|---|---|
Market Cap | 3.58T | 4.33T |
Volume | 527.5K | 2.2M |
Lot | 5.28K | 21.96K |
Turnover | 154.61M | 491.58M |
Average Price | 293.1 | 223.89 |
Value | 154.61M | 491.58M |
Indicative Equilibrium Price | 296 | 224 |
Indicative Equilibrium Volume | 300 | 15.8K |
Trailing returns across standard periods
Latest headlines on both assets
PT. Gunung Raja Paksi Tbk (the Company) was established under the name of PT Gunung Naga Mas based on Notarial Deed No.229 of Chairani Bustami,S.H. dated August 20,1990 that was amended by Notarial Deed No.25 dated June 6,1991. The change from Foreign Capital Investment (“FCI”) to Domestic Capital Investment (“DCI”) has been approved by the Capital Investment Coordinating Board of the Republic of Indonesia in its Letter No.346/1/IP/PMDN/2016 dated December 15, 2016.
Read more on GGRP →PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →