Merdeka Battery Materials Tbk. vs Dana Brata Luhur Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Dana Brata Luhur Tbk. trades at Rp1,015 (market cap 1.3T, 891.6K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 43.2× Dana Brata Luhur Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 891.6K). Which is the better fit depends on your goals.
| MBMA | TEBE | |
|---|---|---|
Market Cap | 56.16T | 1.3T |
Volume | 48.81M | 891.6K |
Lot | 488.12K | 8.92K |
Turnover | 25.53B | 893.74M |
Average Price | 523.13 | 1,002.4 |
Value | 25.53B | 893.74M |
Indicative Equilibrium Price | 525 | 1,015 |
Indicative Equilibrium Volume | 41.15K | 21 |
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 Dana Brata Luhur Tbk (the Company) was established based on Notarial Deed No. 52 dated June 26, 2008 of Bonar Sihombing, S.H., a public notary in Jakarta and the Deed of Amendment on the Articles of Association No. 2 dated December 18, 2008.
Read more on TEBE →