Merdeka Battery Materials Tbk. vs Trisula International Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Trisula International Tbk. trades at Rp165 (market cap 521.48B, 1.4M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 107.7× Trisula International Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 1.4M). Which is the better fit depends on your goals.
| MBMA | TRIS | |
|---|---|---|
Market Cap | 56.16T | 521.48B |
Volume | 48.81M | 1.4M |
Lot | 488.12K | 13.95K |
Turnover | 25.53B | 230.36M |
Average Price | 523.13 | 165.11 |
Value | 25.53B | 230.36M |
Indicative Equilibrium Price | 525 | 165 |
Indicative Equilibrium Volume | 41.15K | 130 |
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 Trisula International Tbk was established under the name of PT Transindo Global Fashion based on Notarial Deed No. 38 dated 13 December 2004 in conjunction with Notarial Deed No. 26 dated 15 February 2005, both of Achmad Bajumi, S.H., notary in Jakarta.
Read more on TRIS →