Merdeka Battery Materials Tbk. vs Kian Santang Muliatama Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Kian Santang Muliatama Tbk. trades at Rp214 (market cap 312.28B, 7.8M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 179.8× Kian Santang Muliatama Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 7.8M). Which is the better fit depends on your goals.
| MBMA | RGAS | |
|---|---|---|
Market Cap | 56.16T | 312.28B |
Volume | 48.81M | 7.8M |
Lot | 488.12K | 77.95K |
Turnover | 25.53B | 1.64B |
Average Price | 523.13 | 210.89 |
Value | 25.53B | 1.64B |
Indicative Equilibrium Price | 525 | 214 |
Indicative Equilibrium Volume | 41.15K | 1.33K |
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 Kian Santang Muliatama Tbk (the Entity) was established based on the Notarial Deed of Artisa Khamelia Ramadiyanti, S.H., M.Kn., No. 634, dated November 28, 2018. The Entity started its commercial operations on 2019. The controlling party for the Company is Edy Nurhamid Amin.
Read more on RGAS →