Merdeka Battery Materials Tbk. vs Rans Entertainmen Indonesia Tbk — how do they compare? Merdeka Battery Materials Tbk. trades at Rp510 (market cap 59.4T, 121.29M 24h volume), while Rans Entertainmen Indonesia Tbk trades at Rp202 (market cap 2.57T, 37.7M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 23.1× Rans Entertainmen Indonesia Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (121.29M versus 37.7M). Which is the better fit depends on your goals.
| MBMA | RANS | |
|---|---|---|
Market Cap | 59.4T | 2.57T |
Volume | 121.29M | 37.7M |
Lot | 1.21M | 377K |
Turnover | 63.44B | 7.61B |
Average Price | 523.02 | 201.85 |
Value | 63.44B | 7.61B |
Indicative Equilibrium Price | 510 | 202 |
Indicative Equilibrium Volume | 35.65K | 5.98K |
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. Rans Entertainmen Indonesia Tbk. (the Company) was established with Deed No. 04 on October 18, 2016, which was made before Raden Mas Dendy Subangil S.H., M.Kn., under the name of PT RNR Film Internasional. The Company started its commercial operations in 2018. The Company does not have a parent entity, the ultimate controlling party is Raffi Farid Ahmad as the Companys shareholder.
Read more on RANS →