Merdeka Battery Materials Tbk. vs Dayamitra Telekomunikasi Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Dayamitra Telekomunikasi Tbk. trades at Rp460 (market cap 38.6T, 42.68M 24h volume). The key difference: Merdeka Battery Materials Tbk. is the larger of the two by market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 42.68M). Which is the better fit depends on your goals.
| MBMA | MTEL | |
|---|---|---|
Market Cap | 56.16T | 38.6T |
Volume | 48.81M | 42.68M |
Lot | 488.12K | 426.83K |
Turnover | 25.53B | 19.53B |
Average Price | 523.13 | 457.6 |
Value | 25.53B | 19.53B |
Indicative Equilibrium Price | 525 | 460 |
Indicative Equilibrium Volume | 41.15K | 135.32K |
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 Dayamitra Telekomunikasi Tbk. (the Company), previously known as PT Dayamitra Malindo, was established on October 18, 1995 in the framework of the Republic of Indonesia Foreign Investment Law No. 1 of 1967, as amended by Law No. 11 of 1970, with the approval of the President of the Republic of Indonesia in Decree No.B-576/ Pres/10/1995 dated October 16, 1995. The Company changed its name from PT Dayamitra Malindo to PT Dayamitra Telekomunikasi Tbk. by Notarial Deed from Hendra Karyadi, S.H., No. 53 dated August 28, 1997. Furthermore, based on the Decree of theHead of the Investment Coordinating Board No. 244/T/Perhubungan/2006 dated March 22, 2006, the change of the Company's status as foreign investment has changed to domestic.
Read more on MTEL →