Merdeka Battery Materials Tbk. vs Tira Austenite Tbk — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 55.08T, 81.94M 24h volume), while Tira Austenite Tbk trades at Rp420 (market cap 249.31B, 648.5K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 220.9× Tira Austenite Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (81.94M versus 648.5K). Which is the better fit depends on your goals.
| MBMA | TIRA | |
|---|---|---|
Market Cap | 55.08T | 249.31B |
Volume | 81.94M | 648.5K |
Lot | 819.41K | 6.49K |
Turnover | 42.23B | 270.78M |
Average Price | 515.33 | 417.55 |
Value | 42.23B | 270.78M |
Indicative Equilibrium Price | 525 | 420 |
Indicative Equilibrium Volume | 13.71K | 42 |
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. Tira Austenite is a manufacturer and distributor of industrial products and specialized in steel and welding machines and rods produced by ASSAB/UDDEHOLM and MESSER LINCOLN GmbH. The company has 13 branches throughout Indonesia.
Read more on TIRA →