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Compare Equity Development Investment Tbk. (GSMF) vs Merdeka Battery Materials Tbk. (MBMA) Price & Performance

Equity Development Investment Tbk.Trade
Merdeka Battery Materials Tbk.Trade

Price performance (Past 24H)

Key statistics

Equity Development Investment Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Equity Development Investment Tbk. trades at Rp89 (market cap 1.39T, 5.13M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp525 (market cap 55.08T, 81.94M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 39.6× Equity Development Investment Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (81.94M versus 5.13M). Which is the better fit depends on your goals.

GSMFMBMA
Market Cap
1.39T55.08T
Volume
5.13M81.94M
Lot
51.26K819.41K
Turnover
455.78M42.23B
Average Price
88.91515.33
Value
455.78M42.23B
Indicative Equilibrium Price
89525
Indicative Equilibrium Volume
66313.71K

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

GSMF
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MBMA
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About Equity Development Investment Tbk.

PT Equity Development Investment Tbk (the “Company”) was established in Jakarta under the name of PT Gajah Surya Arta Leasing on November 1, 1982 based on the Notarial Deed of Didi Sudjadi, S.H., No. 1, as amended by deed No. 30 dated March 6, 1985 of the same notary. The Company changed its name to be PT BDNI Capital Corporation Tbk. On February 7, 2001, it changed the named again to be PT GT Investama Kapital, Tbk.

Read more on GSMF

About Merdeka Battery Materials Tbk.

PT Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).

Read more on MBMA