Merdeka Battery Materials Tbk. vs Rukun Raharja Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Rukun Raharja Tbk. trades at Rp875 (market cap 19.44T, 239.71M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 2.9× Rukun Raharja Tbk.'s market cap, and Rukun Raharja Tbk. is more actively traded (239.71M versus 48.81M). Which is the better fit depends on your goals.
| MBMA | RAJA | |
|---|---|---|
Market Cap | 56.16T | 19.44T |
Volume | 48.81M | 239.71M |
Lot | 488.12K | 2.4M |
Turnover | 25.53B | 214.26B |
Average Price | 523.13 | 893.82 |
Value | 25.53B | 214.26B |
Indicative Equilibrium Price | 525 | 875 |
Indicative Equilibrium Volume | 41.15K | 82.04K |
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 Rukun Raharja (the company) was established by deed No. 290 dated December 24, 1993 were made before Ir. Rusli, S.H., and amended by deed No. 163 dated February 19, 1994 which made Kristianto, S.H., notary in Jakarta.On Jan 2003, the company offered 120.000.000 stock and 84.000.000 warrant through the Surabaya Stock Exchange with par value of Rp 100 and offering price Rp 110.The Company started its commercial operations on Jan 2002 with early main bussines in property.
Read more on RAJA →