Merdeka Battery Materials Tbk. vs Pelangi Indah Canindo Tbk — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Pelangi Indah Canindo Tbk trades at Rp127 (market cap 71.05B, 91.3K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 790.4× Pelangi Indah Canindo Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 91.3K). Which is the better fit depends on your goals.
| MBMA | PICO | |
|---|---|---|
Market Cap | 56.16T | 71.05B |
Volume | 48.81M | 91.3K |
Lot | 488.12K | 913 |
Turnover | 25.53B | 11.7M |
Average Price | 523.13 | 128.2 |
Value | 25.53B | 11.7M |
Indicative Equilibrium Price | 525 | 127 |
Indicative Equilibrium Volume | 41.15K | 45 |
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 Pelangi Indah Canindo was established in 1983 in Jakarta. Started its operations by producing several types and sizes of cans, with a factory located on Jalan Daan Mogot, Jakarta. Currently the company produces can packaging, gas tube, and oil filters.
Read more on PICO →