Merdeka Battery Materials Tbk. vs Saraswanti Indoland Development Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Saraswanti Indoland Development Tbk. trades at Rp91 (market cap 500.81B, 1.26M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 112.1× Saraswanti Indoland Development Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 1.26M). Which is the better fit depends on your goals.
| MBMA | SWID | |
|---|---|---|
Market Cap | 56.16T | 500.81B |
Volume | 48.81M | 1.26M |
Lot | 488.12K | 12.61K |
Turnover | 25.53B | 113.99M |
Average Price | 523.13 | 90.38 |
Value | 25.53B | 113.99M |
Indicative Equilibrium Price | 525 | 91 |
Indicative Equilibrium Volume | 41.15K | 643 |
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 Saraswanti Indoland Development Tbk ( The Company) was established on August 2, 2010 based on the Deed of Notary Ismaryani, SH, MKn. Number : 01. The deed of establishment of the Company was approved by the Minister of Law and Human Rights of the Republic of Indonesia number: AHU41610.AH.01.01.Tahun 2010. The Company started its commercial operations in 2011.
Read more on SWID →