Merdeka Battery Materials Tbk. vs Mahkota Group Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Mahkota Group Tbk. trades at Rp675 (market cap 2.4T, 3.31M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 23.4× Mahkota Group Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 3.31M). Which is the better fit depends on your goals.
| MBMA | MGRO | |
|---|---|---|
Market Cap | 56.16T | 2.4T |
Volume | 48.81M | 3.31M |
Lot | 488.12K | 33.1K |
Turnover | 25.53B | 2.21B |
Average Price | 523.13 | 669.15 |
Value | 25.53B | 2.21B |
Indicative Equilibrium Price | 525 | 675 |
Indicative Equilibrium Volume | 41.15K | 349 |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Mahkota Group (the Company) was established based on Deed No. 7 dated January 7, 2011 of Cipto Soenaryo, S.H., Notary in Medan.
Read more on MGRO →