Merdeka Battery Materials Tbk. vs Destinasi Tirta Nusantara Tbk — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Destinasi Tirta Nusantara Tbk trades at Rp404 (market cap 290.29B, 1.2K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 193.5× Destinasi Tirta Nusantara Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 1.2K). Which is the better fit depends on your goals.
| MBMA | PDES | |
|---|---|---|
Market Cap | 56.16T | 290.29B |
Volume | 48.81M | 1.2K |
Lot | 488.12K | 12 |
Turnover | 25.53B | 482.8K |
Average Price | 523.13 | 402.33 |
Value | 25.53B | 482.8K |
Indicative Equilibrium Price | 525 | 404 |
Indicative Equilibrium Volume | 41.15K | 1 |
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 Destinasi Tirta Nusantara Tbk (the company) was established on 30 Oct 1999 based on Notaries Deed No. 36 and the deed of establishment was approved by the the Ministry of Justice dated Feb 23, 2000. The Company’s articles of association has been amended several times, most recently by notarial deed No. 187 and No.136 of Wijanto Suwongso, S.H., dated Jun 28, 2007 and 24 Oct 07, concerning among others, increase authorized, Paid up Capital, par value and public offering.
Read more on PDES →