Merdeka Battery Materials Tbk. vs Cerestar Indonesia Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Cerestar Indonesia Tbk. trades at Rp163 (market cap 1.31T, 19K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 42.9× Cerestar Indonesia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 19K). Which is the better fit depends on your goals.
| MBMA | TRGU | |
|---|---|---|
Market Cap | 56.16T | 1.31T |
Volume | 48.81M | 19K |
Lot | 488.12K | 190 |
Turnover | 25.53B | 3.12M |
Average Price | 523.13 | 164.02 |
Value | 25.53B | 3.12M |
Indicative Equilibrium Price | 525 | 163 |
Indicative Equilibrium Volume | 41.15K | 10 |
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. Cerestar Indonesia Tbk (the Company) was established based on Notarial Deed No. 2 datedAugust 30, 2020 of Dwi Yulianti, S.H., notary in Jakarta The Company started its commercial operations in 2021.
Read more on TRGU →