Merdeka Battery Materials Tbk. vs Mulia Industrindo Tbk — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Mulia Industrindo Tbk trades at Rp240 (market cap 1.59T, 23.4K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 35.3× Mulia Industrindo Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 23.4K). Which is the better fit depends on your goals.
| MBMA | MLIA | |
|---|---|---|
Market Cap | 56.16T | 1.59T |
Volume | 48.81M | 23.4K |
Lot | 488.12K | 234 |
Turnover | 25.53B | 5.6M |
Average Price | 523.13 | 239.28 |
Value | 25.53B | 5.6M |
Indicative Equilibrium Price | 525 | 240 |
Indicative Equilibrium Volume | 41.15K | 11 |
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 Mulia Industrindo Tbk (the company) was established based on Deed No. 15 dated November 5, 1986 of Liliani Handajawati Tamzil S.H., notary in Jakarta, as amended by deed No. 7 dated May 6, 1987 of the same notary.. The company's articles of association have been amended several times, most recently on January 21, 1997 regarding the change of the Company's name and par value per share. The company is one of the companies of the Mulia Group. The company started its commercial operations in 1990.
Read more on MLIA →