Gajah Tunggal Tbk. vs Multi Indocitra Tbk. — how do they compare? Gajah Tunggal Tbk. trades at Rp1,120 (market cap 3.9T), while Multi Indocitra Tbk. trades at Rp505 (market cap 303B). The key difference: Gajah Tunggal Tbk. is far larger — about 12.9× Multi Indocitra Tbk.'s market cap. Which is the better fit depends on your goals.
| GJTL | MICE | |
|---|---|---|
Market Cap | 3.9T | 303B |
Trailing returns across standard periods
Latest headlines on both assets
PT. Gajah Tunggal, Tbk (the Company) was established based on notarial deed No. 54 dated August 24, 1951 of Raden Meester Soewandi, S.H., notary public in Jakarta. The Company is the largest tire manufacturer in Indonesia with 32% market share of four-wheel vehicle tire market and 85% of the motorcycle tire market.
Read more on GJTL →PT Multi Indocitra Tbk (the Company) was established under its original name of Modern Indocitra based on notarial deed No. 52 of Esther Daniar Iskandar, S.H dated January 11, 1990. The Company's articles of association has been amended several times, the latest amendment dated Aug 16, 2005, regarding the change in the Company's status from private company to public company.
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