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This is an archive article published on September 23, 2011

Sharp fall in Instanex Skindia GDR Index

The Instanex Skindia GDR Index declined sharply by 145.90 points,or 6.27 per cent.

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The Instanex Skindia GDR Index declined sharply by 145.90 points,or 6.27 per cent,to 2,181.63 on September 22 from 2,358.57 in the previous session.

The P/E ratio also moved down to 20.20 from 21.13,an Instanex Capital release said here today.

The following are the GDR and ADR rates for September 22 in US dollars,with the difference vis-a-vis the previous level given as a percentage in brackets:

Company: Price Percentage change

Dr Reddy8217;s Labs ADR 29.46 -5.12

Gail GDR 51.96 -3.85

Grasim Industries GDR 46.82 -4.80

ICICI Bank ADR 34.00 -7.10

Infosys Tech ADR 47.01 -4.06

ITC GDR 03.87 -5.61

Lamp;T GDR 29.54 -9.14

Mahindra amp; Mahindra GDR 16.24 -4.13

Ranbaxy Labs GDR 09.53 -7.21

Reliance GDR 31.37 -10.91

Satyam Computer ADR 02.65 -3.28

State Bank of India GDR 84.56 -4.25

Sterlite Industries ADR 09.82 -6.92

Tata Communications ADR 07.47 -7.55

Tata Motors ADR 14.89 -8.43

 

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