Merdeka Battery Materials Tbk. vs Tunas Baru Lampung Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Tunas Baru Lampung Tbk. trades at Rp640 (market cap 3.83T, 715.7K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 14.7× Tunas Baru Lampung Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 715.7K). Which is the better fit depends on your goals.
| MBMA | TBLA | |
|---|---|---|
Market Cap | 56.16T | 3.83T |
Volume | 48.81M | 715.7K |
Lot | 488.12K | 7.16K |
Turnover | 25.53B | 456.89M |
Average Price | 523.13 | 638.39 |
Value | 25.53B | 456.89M |
Indicative Equilibrium Price | 525 | 640 |
Indicative Equilibrium Volume | 41.15K | 56 |
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 Tunas Baru Lampung Tbk (the Company) was established by virtue of Notarial Deed No. 23 dated December 22, 1973 of Halim Kurniawan, S.H., public notary in Teluk Betung. PT. Tunas Baru Lampung is a member of Sungai Budi Group which was founded in 1947 and is a pioneer in Indonesia`s agricultural industry.
Read more on TBLA →