Instanex Skindia GDR Index moves down

MUMBAI, Jan 29: The Instanex Skindia GDR Index moved down by 15.02 points, or 0.58 per cent, to 2,574.13 as on January 28 from 2,589.15 in the previous session.
The P/E ratio also moved down at 25.77 from 25.82, an Instanex Capital release said here today.
Following are the GDR and ADR rates for January 28 in US dollars, with the difference vis-a-vis the previous level given as a percentage in brackets:
Company: Price Pct change Dr Reddy’s Labs (ADR) 35.70 (-0.89) Gail (GDR) 39.16 (unch) Grasim Industries (GDR) 55.55 (-1.00) ICICI Bank (ADR) 46.26 (-0.28) Infosys Tech (ADR) 52.21 (-0.87) ITC (GDR) 05.56 (-0.13) L&T (GDR) 29.33 (-2.17) Mahindra & Mahindra (GDR) 16.55 (-0.72) Ranbaxy Labs (GDR) 08.42 (-2.32) Reliance (GDR) 33.49 (-1.53) Satyam Computer (ADR) 02.64 (unch.) State Bank of India (GDR) 93.74 (-0.45) Sterlite Industries (ADR) 08.40 (+0.12) Tata Communications (ADR) 08.51 (-2.30) Tata Motors (ADR) 28.05 (+0.75) (PTI)