Merdeka Battery Materials Tbk. vs Abadi Lestari Indonesia Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Abadi Lestari Indonesia Tbk. trades at Rp3,300 (market cap 10.19T, 593.9K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 5.5× Abadi Lestari Indonesia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 593.9K). Which is the better fit depends on your goals.
| MBMA | RLCO | |
|---|---|---|
Market Cap | 56.16T | 10.19T |
Volume | 48.81M | 593.9K |
Lot | 488.12K | 5.94K |
Turnover | 25.53B | 1.91B |
Average Price | 523.13 | 3,220.03 |
Value | 25.53B | 1.91B |
Indicative Equilibrium Price | 525 | 3,300 |
Indicative Equilibrium Volume | 41.15K | 87 |
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 Abadi Lestari Indonesia (the Entity) was established based on Notarial Deed No. 166 of Siti Nurul Hidajah, S.H., M.Kn., Notary in Bojonegoro, dated August 11, 2014. The Entity started its commercial operations in 2014. PT Abadi Lestari Indonesia is the parent entity, whereas Edwin Pranata is the ultimate beneficial owner of the group.
Read more on RLCO →