Indika Energy stock rises to EUR 0.14, market cap IDR 14.5 trillion

Published on 10/09/2026 at 15:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached USD 1.15 billion, up 19.90 percent year over year. Indika Energy stock sat 36.16 percent below its IDR 4,370.00 high.

Key points in brief

Indika Energy stock traded at EUR 0.14 at Lang & Schwarz on October 9, 2026, up 7.69 percent versus the prior close.
The stock was 36.16 percent below its IDR 4,370.00 52-week high, with a market capitalization of IDR 14.5 trillion.
First-half 2026 revenue reached USD 1.15 billion, up 19.90 percent year over year.
Mirae Asset listed IDR 2,870.00 as its first target for Indika Energy on October 7, 2026.

Indika Energy, ID1000110901, Illustration mit AI erstellt.

On October 9, 2026, Indika Energy (ISIN ID1000110901) was trading at EUR 0.14 at Lang & Schwarz at 3:39 p.m. CEST, up 7.69 percent versus the EUR 0.13 prior close on October 8, while its market capitalization was IDR 14.5 trillion. The bid was EUR 0.13 and the ask was EUR 0.15.

Price sits below yearly high

The Indonesian quotation stood at IDR 2,790.00 on October 9, 2026 at 4:14 p.m. WIB. The finance quote showed 13,334,000 shares traded against an average volume of 25,555,355 shares.

Indika Energy's IDR 905.00 to IDR 4,370.00 52-week range places the stock 36.16 percent below its high, calculated from the October 9 price and the upper end of the range. The current level remains inside that range.

Valuation and analyst targets

The stock carried a trailing P/E ratio of 57.80 and a dividend yield of 0.00 percent on October 9, 2026. Those figures place valuation and cash distribution alongside the day's 7.69 percent move rather than treating the euro quote as a substitute for the IDX quotation.

In its October 7, 2026 report, Mirae Asset listed IDR 2,870.00, IDR 3,260.00 and IDR 4,020.00 as successive targets for Indika Energy. The report showed the first target 5.90 percent above its cited IDR 2,710.00 reference level.

Comparison with peers

Indika Energy (IDX, IDR): plus 7.69 percent, P/E 57.80, market capitalization IDR 14.5 trillion
Adaro Energy (IDX, IDR): plus 1.18 percent, P/E 7.15, market capitalization IDR 74.3 trillion
Bukit Asam (IDX, IDR): minus 0.60 percent, P/E 8.01, market capitalization IDR 38.0 trillion

On September 14, 2026, Bisnis.com reported that the Awak Mas gold project had reached 60.63 percent construction progress by June 30, 2026, with first gold targeted for the second quarter of 2027. The report also said first-half 2026 revenue reached USD 1.15 billion, up 19.90 percent from USD 956.8 million in the same period a year earlier.

October 9 trading snapshot

The Lang & Schwarz quote was EUR 0.14 in trading on October 9, 2026 at 3:39 p.m. CEST, versus a EUR 0.13 prior close on October 8. The IDX quotation was IDR 2,790.00 at 4:14 p.m. WIB on the same date.

The further course of trading is shown by the continuously updated real-time quote of Indika Energy stock.