Merdeka Battery Materials Tbk. vs Singaraja Putra Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp520 (market cap 57.24T, 89.37M 24h volume), while Singaraja Putra Tbk. trades at Rp13,100 (market cap 16.29T, 13.16M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 3.5× Singaraja Putra Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (89.37M versus 13.16M). Which is the better fit depends on your goals.
| MBMA | SINI | |
|---|---|---|
Market Cap | 57.24T | 16.29T |
Volume | 89.37M | 13.16M |
Lot | 893.72K | 131.6K |
Turnover | 46.3B | 174.44B |
Average Price | 518.08 | 13,255.29 |
Value | 46.3B | 174.44B |
Indicative Equilibrium Price | 520 | 13,100 |
Indicative Equilibrium Volume | 90.42K | 2.97K |
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 Singaraja Putra Tbk (the Company) was established based on Notarial Deed No. 52 dated November 23, 2005 of Notary Sri Herawati Anwar Effendi, S.H. The Company commenced commercialoperations in 2006.
Read more on SINI →