Indo-Rama Synthetics Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Indo-Rama Synthetics Tbk. trades at Rp2,030 (market cap 1.33T, 2.6K 24h volume), while Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 42.2× Indo-Rama Synthetics Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 2.6K). Which is the better fit depends on your goals.
| INDR | MBMA | |
|---|---|---|
Market Cap | 1.33T | 56.16T |
Volume | 2.6K | 48.81M |
Lot | 26 | 488.12K |
Turnover | 5.29M | 25.53B |
Average Price | 2,033.08 | 523.13 |
Value | 5.29M | 25.53B |
Indicative Equilibrium Price | 2,030 | 525 |
Indicative Equilibrium Volume | 23 | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
PT. Indo-Rama Synthetics Tbk (the Company) was established within the framework of the Foreign Capital Investment Law No. 1 year 1967 as amended by Law No. 11 year 1970 based on Notarial DeedNo. 21 dated April 3, 1974, of Gustaaf Hoemala Soangkoepon Loemban Tobing, SH, public notary in Jakarta.
Read more on INDR →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 →