Merdeka Battery Materials Tbk. vs Multi Makmur Lemindo Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp510 (market cap 55.08T, 28.73M 24h volume), while Multi Makmur Lemindo Tbk. trades at Rp127 (market cap 424.84B, 25.86M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 129.6× Multi Makmur Lemindo Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (28.73M versus 25.86M). Which is the better fit depends on your goals.
| MBMA | PIPA | |
|---|---|---|
Market Cap | 55.08T | 424.84B |
Volume | 28.73M | 25.86M |
Lot | 287.27K | 258.63K |
Turnover | 14.58B | 3.26B |
Average Price | 507.47 | 125.91 |
Value | 14.58B | 3.26B |
Indicative Equilibrium Price | 510 | 127 |
Indicative Equilibrium Volume | 626.6K | 33.74K |
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 →