Instanex Skindia GDR Index recovers

MUMBAI, Sept 12: The Instanex Skindia GDR Index recovered marginally by 24.05 points, or 1.14 per cent to 2,132.10 on September 11 from 2,108.05 in the previous session.

The P/E ratio also moved up to 21.90 from 21.68, an Instanex Capital release said here today.

Following are the GDR and ADR rates for September 11 in US dollars, with the difference vis-a-vis the previous level given as a percentage in brackets:

Company: Change Percentage change Dr Reddy’s Labs (ADR) 31.12 (+0.32) Gail (GDR) 40.53 (+1.30) Grasim Industries (GDR) 51.56 (+1.91) ICICI Bank (ADR) 34.69 (+2.15) Infosys Tech (ADR) 45.84 (+1.17) ITC (GDR) 04.82 (+1.22) L&T (GDR) 24.70 (-1.20) Mahindra & Mahindra (GDR) 13.64 (-0.94) Ranbaxy Labs (GDR) 10.24 (+0.03) Reliance (GDR) 28.61 (+0.07) Satyam Computer (ADR) 02.64 (unch.) State Bank of India (GDR) 71.44 (unch.) Sterlite Industries (ADR) 7.04 (-2.22) Tata Communications (ADR) 8.66 (+4.21) Tata Motors (ADR) 22.64 (+2.58) (PTI)