Darma Henwa Shares Surge Beyond Analyst Expectations

Significant Price Movement

PT Darma Henwa Tbk (DEWA) shares experienced a significant surge, rising 20.54% to Rp 675 by 11:19 WIB. This price movement has placed the stock above the average target price recommended by analysts. According to Bloomberg data, the average recommendation from 11 analysts was Rp 661.8 per share, indicating that the current price has surpassed analyst expectations.

Recent Accumulation Activity

The stock's performance follows recent accumulation activity reported by PT CGS International Sekuritas Indonesia. In an information disclosure to the Indonesia Stock Exchange on December 24, 2025, CGS Sekuritas revealed that they had been accumulating DEWA shares. This accumulation activity may have contributed to the recent price surge, demonstrating the potential for institutional investor activity to influence market movements.

Market Implications

The surge in Darma Henwa's share price highlights the stock's volatility and potential for rapid price movements. Investors should consider both the company's fundamentals and broader market conditions when evaluating this stock's performance. The company's position in the mining services sector and any recent developments will likely continue to influence its stock price in the near term.