Equity Development Investment Tbk. vs Tower Bersama Infrastructure Tbk. — how do they compare? Equity Development Investment Tbk. trades at Rp84 (market cap 1.31T, 2.37M 24h volume), while Tower Bersama Infrastructure Tbk. trades at Rp1,435 (market cap 32.97T, 71K 24h volume). The key difference: Tower Bersama Infrastructure Tbk. is far larger — about 25.2× Equity Development Investment Tbk.'s market cap, and Equity Development Investment Tbk. is more actively traded (2.37M versus 71K). Which is the better fit depends on your goals.
| GSMF | TBIG | |
|---|---|---|
Market Cap | 1.31T | 32.97T |
Volume | 2.37M | 71K |
Lot | 23.75K | 710 |
Turnover | 198.8M | 101.98M |
Average Price | 83.71 | 1,436.29 |
Value | 198.8M | 101.98M |
Indicative Equilibrium Price | 85 | 1,450 |
Indicative Equilibrium Volume | 6.5K | 13 |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Tower Bersama Infrastructure (the Company) was established under its original name of PT Banyan Mas on Nov 8th, 2004 then changed to PT Tower Bersama Infrastructure based on Notaries Deed dated Oct 24, 2009 and the deed of establishment was approved by the the Ministry of Justice dated Feb 13, 2008. The Company’s articles of association has been amended several times, most recently by notarial deed No. 145 of Aulia Taufani, S.H., dated Jul 21, 2010, concerning among others, the change in the Company’s name, equity, public company and for the amendments in the company's whole articles of Association to comply with the requirements of the Capital Market and Financial Institutions Supervisory Agency.
Read more on TBIG →