Gajah Tunggal Tbk. vs Indo Acidatama Tbk — how do they compare? Gajah Tunggal Tbk. trades at Rp1,120 (market cap 3.9T), while Indo Acidatama Tbk trades at Rp65 (market cap 391.3B). The key difference: Gajah Tunggal Tbk. is far larger — about 10× Indo Acidatama Tbk's market cap. Which is the better fit depends on your goals.
| GJTL | SRSN | |
|---|---|---|
Market Cap | 3.9T | 391.3B |
Indicative Equilibrium Price | 1,120 | 67 |
Indicative Equilibrium Volume | 51 | 47.98K |
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 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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