Merdeka Battery Materials Tbk. vs Unggul Indah Cahaya Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Unggul Indah Cahaya Tbk. trades at Rp12,675 (market cap 4.76T, 7.3K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 11.8× Unggul Indah Cahaya Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 7.3K). Which is the better fit depends on your goals.
| MBMA | UNIC | |
|---|---|---|
Market Cap | 56.16T | 4.76T |
Volume | 48.81M | 7.3K |
Lot | 488.12K | 73 |
Turnover | 25.53B | 92.39M |
Average Price | 523.13 | 12,656.16 |
Value | 25.53B | 92.39M |
Indicative Equilibrium Price | 525 | — |
Indicative Equilibrium Volume | 41.15K | — |
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 Unggul Indah Corporation Tbk (The Company), formerly PT Unggul Indah Corporation Tbk manufactures Alkylbenzene (AB) raw material in detergent production was established in 1983. The company began its commercial operations in November 1985 and became a publicly listed company in November 1989. Currently, its stocks are traded in Jakarta and Surabaya Stock Exchange. The main customers of the Company represent large and prominent detergent manufacturer, such as Wings, Unilever, Kao and Dino.
Read more on UNIC →