Lupromax Pelumas Indonesia Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Lupromax Pelumas Indonesia Tbk. trades at Rp114 (market cap 72.8B, 1.16M 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 771.4× Lupromax Pelumas Indonesia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 1.16M). Which is the better fit depends on your goals.
| LMAX | MBMA | |
|---|---|---|
Market Cap | 72.8B | 56.16T |
Volume | 1.16M | 48.81M |
Lot | 11.62K | 488.12K |
Turnover | 135.77M | 25.53B |
Average Price | 116.8 | 523.13 |
Value | 135.77M | 25.53B |
Indicative Equilibrium Price | 114 | 525 |
Indicative Equilibrium Volume | 427 | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
PT Lupromax Pelumas Indonesia Tbk formerly PT Karya Pelumas Indonesia (the Company) was established based on Notarial Deed No. 42 dated February 27, 2017 of Meissie Pholuan, S.H., notary in Jakarta. The Company started its commercial operations in 2017.
Read more on LMAX →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 →