Krakatau Steel (Persero) Tbk. vs Reliance Sekuritas Indonesia Tbk. — how do they compare? Krakatau Steel (Persero) Tbk. trades at Rp230 (market cap 4.33T, 5.43M 24h volume), while Reliance Sekuritas Indonesia Tbk. trades at Rp482 (market cap 871.2B, 900 24h volume). The key difference: Krakatau Steel (Persero) Tbk. is far larger — about 5× Reliance Sekuritas Indonesia Tbk.'s market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (5.43M versus 900). Which is the better fit depends on your goals.
| KRAS | RELI | |
|---|---|---|
Market Cap | 4.33T | 871.2B |
Volume | 5.43M | 900 |
Lot | 54.27K | 9 |
Turnover | 1.24B | 433K |
Average Price | 228.12 | 481.11 |
Value | 1.24B | 433K |
Indicative Equilibrium Price | 230 | — |
Indicative Equilibrium Volume | 3.53K | — |
Trailing returns across standard periods
Latest headlines on both assets
PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →PT. Reliance Securities (the company) was established under its original name of Istethmar Finas Securities on 22 Feb 1993 then changed to PT Ludlow Securities on 13 Sep 1999. According with Notaries deed on 28 March 2003 company's name changed to PT Reliance Securities. And the company's name changed to PT Reliance Securities Tbk on 19 May 2005 with amended the articles of association no 19 dated 14 April 2005.
Read more on RELI →