Itama Ranoraya Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Itama Ranoraya Tbk trades at Rp368 (market cap 598.4B, 494.5K 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 93.9× Itama Ranoraya Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 494.5K). Which is the better fit depends on your goals.
| IRRA | MBMA | |
|---|---|---|
Market Cap | 598.4B | 56.16T |
Volume | 494.5K | 48.81M |
Lot | 4.95K | 488.12K |
Turnover | 183.16M | 25.53B |
Average Price | 370.4 | 523.13 |
Value | 183.16M | 25.53B |
Indicative Equilibrium Price | 368 | 525 |
Indicative Equilibrium Volume | 839 | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
PT. Itama Ranoraya Tbk ( theEntity) was established for the first time based on Deed of Establishment of Limited Liability Entity dated November 30, 1989 Number 116, made before Esther Daniar Iskandar, S.H., Notary in Jakarta. PT Global Dinamika Kencana is the majority shareholder of the Entity and also the Ultimate Parent Entity. The entity has started commercial operations at July 22, 2002.
Read more on IRRA →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 →