New Insights from JP Morgan on Prajogo Pangestu's Chandra Asri (TPIA)
JP Morgan highlights Chandra Asri's growth, despite TPIA's stock underperformance. Recent acquisitions aim to boost energy infrastructure in Southeast Asia.
(Bisnis.Com) 01/01/70 07:00 66644
Bisnis.com, JAKARTA — Shares of PT Chandra Asri Pacific Tbk. (TPIA), the flagship petrochemical enterprise of conglomerate Prajogo Pangestu, have gone higher over the past month, buoyed by two major acquisitions the company has recently pursued.
On Tuesday (12/9/2025), TPIA traded 2.36% lower at Rp7,225 per share as of 3:30 p.m. Even so, the price still reflects a 2.48% gain over the past month, though it remains down 3.67% on a year-to-date (YtD) basis.
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