Merdeka Battery Materials Tbk. vs Ramayana Lestari Sentosa Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Ramayana Lestari Sentosa Tbk. trades at Rp380 (market cap 2.7T, 1.13M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 20.8× Ramayana Lestari Sentosa Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 1.13M). Which is the better fit depends on your goals.
| MBMA | RALS | |
|---|---|---|
Market Cap | 56.16T | 2.7T |
Volume | 48.81M | 1.13M |
Lot | 488.12K | 11.32K |
Turnover | 25.53B | 429.02M |
Average Price | 523.13 | 378.99 |
Value | 25.53B | 429.02M |
Indicative Equilibrium Price | 525 | 380 |
Indicative Equilibrium Volume | 41.15K | 7 |
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 Ramayana Lestari Sentosa (the Company) was established on December 14, 1983. The Company’s Articles of Association has been amended several times, the latest amended concerning changes in the Company’s authorized capital stock.As december 31, 1999, the Company operates a total of 57 department stores known as Ramayana, Robinson, Bazaaria and 7 department stores known as Cahaya and Jayasera, located in Jakarta, Tangerang, Bekasi, Bogor, Depok, Sukabumi, Bandung, Cimahi, Cirebon, Cilegon, Semarang, Yogyakarta, Surabaya, Gresik, Sidoarjo, Malang, Bali, Lampung and Batam. As September 2001, The Company operates a total of 77 department stores and until the end of 2001 the company plans to open 5 department stores more.The Company started its commercials operations in 1983.
Read more on RALS →