Merdeka Battery Materials Tbk. vs Kedoya Adyaraya Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 55.08T, 81.94M 24h volume), while Kedoya Adyaraya Tbk. trades at Rp930 (market cap 883.19B, 10K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 62.4× Kedoya Adyaraya Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (81.94M versus 10K). Which is the better fit depends on your goals.
| MBMA | RSGK | |
|---|---|---|
Market Cap | 55.08T | 883.19B |
Volume | 81.94M | 10K |
Lot | 819.41K | 100 |
Turnover | 42.23B | 9.39M |
Average Price | 515.33 | 939.05 |
Value | 42.23B | 9.39M |
Indicative Equilibrium Price | 525 | — |
Indicative Equilibrium Volume | 13.71K | — |
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 Kedoya Adyaraya Tbk (the Company) was established on June 11, 1990 based on Notarial Deed No. 104 of Darsono Purnomosidi, S.H., Notary in Jakarta. The Company started its commercial operations in 2011. PT Medikatama Sejahtera is the ultimate parent Company of the Company and its Subsidiaries.
Read more on RSGK →