Merdeka Battery Materials Tbk. vs Sarana Menara Nusantara Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Sarana Menara Nusantara Tbk. trades at Rp390 (market cap 22.34T, 68.89M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 2.5× Sarana Menara Nusantara Tbk.'s market cap, and Sarana Menara Nusantara Tbk. is more actively traded (68.89M versus 48.81M). Which is the better fit depends on your goals.
| MBMA | TOWR | |
|---|---|---|
Market Cap | 56.16T | 22.34T |
Volume | 48.81M | 68.89M |
Lot | 488.12K | 688.87K |
Turnover | 25.53B | 26.41B |
Average Price | 523.13 | 383.45 |
Value | 25.53B | 26.41B |
Indicative Equilibrium Price | 525 | 390 |
Indicative Equilibrium Volume | 41.15K | 71.22K |
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 Sarana Menara Nusantara Tbk (the company) was established based on Deed of Establishment (Article of Association) No.31 dated June 2, 2008 drawn up in the presence of Dr. Irawan Soerodjo, S.H., MSi., Notary in Jakarta.The Company's articles of association has been amended several times, most recently by notarial deed No. 71 of Irawan Soerodjo, S.H., dated Nov 18, 2009, concerning among others, the change in par value, and public offering
Read more on TOWR →