Merdeka Battery Materials Tbk. vs City Retail Developments Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp520 (market cap 55.08T, 60.07M 24h volume), while City Retail Developments Tbk. trades at Rp159 (market cap 3.35T, 52.8K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 16.4× City Retail Developments Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (60.07M versus 52.8K). Which is the better fit depends on your goals.
| MBMA | NIRO | |
|---|---|---|
Market Cap | 55.08T | 3.35T |
Volume | 60.07M | 52.8K |
Lot | 600.72K | 528 |
Turnover | 30.81B | 8.11M |
Average Price | 512.91 | 153.55 |
Value | 30.81B | 8.11M |
Indicative Equilibrium Price | 510 | — |
Indicative Equilibrium Volume | 626.6K | — |
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 →Nirvana Development, PT was established on 18 Dec 2003. The Company has been established for the first time under the name PT Artha Adipura Primary which is based in Jakarta.
Read more on NIRO →