Instanex Skindia GDR Index moves up

MUMBAI, Aug 26:The Instanex Skindia GDR Index moved up by 26.22 points or 1.42 per cent to 1,871.73 as on August 23 from 1,845.51 previously.
The P/E ratio was quoted at 22.38, an Instanex Capital release said here today.
Following are the GDR and ADR rates for August 23 in US dollars, with the difference vis-a-vis the previous level given as a percentage in brackets:
Company:                       Price  Percentage change Dr Reddy’s Labs         (ADR)  33.00   (+0.58) Gail                    (GDR)  28.78   (+2.53) Grasim Industries       (GDR)  35.93   (+0.45) ICICI Bank              (ADR)  27.68   (+1.28) Infosys Tech            (ADR)  47.61   (+1.56) ITC                     (GDR)  04.82   (+0.94) L&T                     (GDR)  11.32   (+1.34) Mahindra & Mahindra     (GDR)  12.69   (+2.84) Ranbaxy Labs            (GDR)  05.96   (+1.02) Reliance                (GDR)  25.62   (+2.11) Satyam Computer         (ADR)  02.64   (unch ) State Bank of India     (GDR)  48.53   (+0.23) Sterlite Industries     (ADR)  05.41   (unch ) Tata Communications     (ADR)  04.50   (unch ) Tata Motors             (ADR)  23.61   (+3.28) (PTI)
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