Merdeka Battery Materials Tbk. vs Widiant Jaya Krenindo Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Widiant Jaya Krenindo Tbk. trades at Rp26 (market cap 41.6B, 675.7K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 1350× Widiant Jaya Krenindo Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 675.7K). Which is the better fit depends on your goals.
| MBMA | WIDI | |
|---|---|---|
Market Cap | 56.16T | 41.6B |
Volume | 48.81M | 675.7K |
Lot | 488.12K | 6.76K |
Turnover | 25.53B | 17.17M |
Average Price | 523.13 | 25.4 |
Value | 25.53B | 17.17M |
Indicative Equilibrium Price | 525 | 26 |
Indicative Equilibrium Volume | 41.15K | 500 |
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 Widiant Jaya Krenindo Tbk (the Company) was established based on Notarial Deed No. 2 of Ruping Lolo Alias Vince, S.H., Notary in Karawang, dated August 13, 2016. The Company begin their operation activities in 2016.
Read more on WIDI →