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Journalism of Courage
The Instanex Skindia GDR Index continued to decline by another 16.76 points,or 0.58 per cent,to 2,852.46 on July 28 from 2,868.22 in the previous session.
The P/E ratio also moved down to 23.48 from 23.57,an Instanex Capital release said here today.
The following are the GDR and ADR rates for July 28 in US dollars,with the difference vis-a-vis the previous level given as a percentage in brackets:
Company: Price Percent chg
Dr Reddy’s Labs (ADR) 35.56 (+0.68)
Gail (GDR) 62.98 (+2.57)
Grasim Industries (GDR) 50.10 (+1.85)
ICICI Bank (ADR) 45.63 (-0.96)
Infosys Tech (ADR) 61.80 (-0.31)
ITC (GDR) 4.67 (+2.61)
L&T (GDR) 39.27 (-0.73)
Mahindra & Mahindra (GDR) 16.35 (+0.93)
Ranbaxy Labs (GDR) 12.21 (unch)
Reliance (GDR) 38.20 (-1.42)
Satyam Computer (ADR) 3.80 (+0.80)
State Bank of India (GDR) 110.39 (-1.53)
Sterlite Industries (ADR) 14.85 (-1.07)
Tata Communication (ADR) 9.86 (-1.89)
Tata Motors (ADR) 21.26 (-0.56)
