Indofood Sukses Makmur Tbk. vs Tanah Laut Tbk — how do they compare? Indofood Sukses Makmur Tbk. trades at Rp7,300 (market cap 64.32T, 4.99M 24h volume), while Tanah Laut Tbk trades at Rp60 (market cap 26.27B). The key difference: Indofood Sukses Makmur Tbk. is far larger — about 2448.4× Tanah Laut Tbk's market cap. Which is the better fit depends on your goals.
| INDF | INDX | |
|---|---|---|
Market Cap | 64.32T | 26.27B |
Volume | 4.99M | — |
Lot | 49.94K | — |
Turnover | 36.44B | — |
Average Price | 7,296.53 | — |
Value | 36.44B | — |
Indicative Equilibrium Price | 7,300 | — |
Indicative Equilibrium Volume | 8.08K | — |
Trailing returns across standard periods
Latest headlines on both assets
PT Indofood Sukses Makmur Tbk was established on August 14, 1990 under its original name PT Panganjaya Intikusuma. The Ministry of Justice in its decision letter dated July 12, 1991 approved the deed of establishment. The company’s articles of association has been amended from time to time, the latest of which was covered by notarial deed No. 149 of the same notary dated June 24, 1997 concerning, among others, the increase in the company’s authorized capital stock, the change in the company’s name from PT Indofood Sukses Makmur to PT Indofood Sukses Makmur Tbk, and the change in the company’s corporate life from limited to unlimited period. The Company started its commercial operations in 1990. The company’s shares are listed in the Jakarta and Surabaya Stock Exchanges.
Read more on INDF →PT Tanah Laut Tbk formerly PT Indoexchange Tbk (the Company) was established under the name PT Sanggrahamas Dipta based on Notarial Deed No.78 dated September 19, 1991 of Rahmah Arie Sutarjo, S.H., notary in Jakarta. The Company changed its status from Foreign Capital Investment Company to Domestic Capital Investment Company, approved by the Chairman of Capital Investment Coordinating Board in accordance with Approval Letter No. 38/V/PMDN/2008 dated September 23, 2008.
Read more on INDX →