Merdeka Battery Materials Tbk. vs Adiwarna Anugerah Abadi Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 55.08T, 81.94M 24h volume), while Adiwarna Anugerah Abadi Tbk. trades at Rp89 (market cap 296.32B, 1.44M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 185.9× Adiwarna Anugerah Abadi Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (81.94M versus 1.44M). Which is the better fit depends on your goals.
| MBMA | NAIK | |
|---|---|---|
Market Cap | 55.08T | 296.32B |
Volume | 81.94M | 1.44M |
Lot | 819.41K | 14.44K |
Turnover | 42.23B | 127.24M |
Average Price | 515.33 | 88.14 |
Value | 42.23B | 127.24M |
Indicative Equilibrium Price | 525 | 89 |
Indicative Equilibrium Volume | 13.71K | 80 |
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 Adiwarna Anugerah Abadi Tbk was established based on Deed of notary Rony Saputra Sudarmo, SH., No.4 dated 8 May 2007. The Company started its commercial operations in 2007. The Company parent entity is PT Adiwarna Anugerah Investama. Mr. Johannes and Mrs. Ernawati is the final controller of the Company.
Read more on NAIK →