Merdeka Battery Materials Tbk. vs Multi Makmur Lemindo Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp520 (market cap 57.24T, 89.37M 24h volume), while Multi Makmur Lemindo Tbk. trades at Rp200 (market cap 692.07B, 152.5M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 82.7× Multi Makmur Lemindo Tbk.'s market cap, and Multi Makmur Lemindo Tbk. is more actively traded (152.5M versus 89.37M). Which is the better fit depends on your goals.
| MBMA | PIPA | |
|---|---|---|
Market Cap | 57.24T | 692.07B |
Volume | 89.37M | 152.5M |
Lot | 893.72K | 1.53M |
Turnover | 46.3B | 30.51B |
Average Price | 518.08 | 200.07 |
Value | 46.3B | 30.51B |
Indicative Equilibrium Price | 520 | 200 |
Indicative Equilibrium Volume | 90.42K | 16.19K |
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 Multi Makmur Lemindo Tbk (the Company) was established based on Notarial Deed No. 66 dated January 11, 2012 of Deni Nugraha, S.E., S.H., M.Kn., notary in Tangerang. The Company started its commercial operations in 2005.
Read more on PIPA →