Merdeka Battery Materials Tbk. vs Buana Artha Anugerah Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Buana Artha Anugerah Tbk. trades at Rp284 (market cap 1.34T, 69.4K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 41.9× Buana Artha Anugerah Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 69.4K). Which is the better fit depends on your goals.
| MBMA | STAR | |
|---|---|---|
Market Cap | 56.16T | 1.34T |
Volume | 48.81M | 69.4K |
Lot | 488.12K | 694 |
Turnover | 25.53B | 19.65M |
Average Price | 523.13 | 283.21 |
Value | 25.53B | 19.65M |
Indicative Equilibrium Price | 525 | — |
Indicative Equilibrium Volume | 41.15K | — |
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 Star Petrochem Tbk (the company) was established under its original name of PT Star Asia International base on notarial deed No.34 of Pahala Sutrisno, S.H, dated on 19 May, 2008. The Company’s articles of association has been amended several times, most recently by notarial deed No. 98 of Yulia, S.H., dated Feb 11, 2011, concerning among others, the change in the Company’s name, and public offering.
Read more on STAR →