Instanex Skindia GDR Index advances further

MUMBAI, Dec 7: The Instanex Skindia GDR Index advanced further by 29.11 points or 1.23 per cent to 2,386.62 as on December 6 from 2,357.51 in the previous session.

The P/E ratio also looked up to 24.07 from 23.87, an Instanex Capital release said here today.

Following are the GDR and ADR rates for December 6 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) 33.73 (+0.42) Gail (GDR) 39.22 (+1.47) Grasim Industries (GDR) 60.75 (+0.46) ICICI Bank (ADR) 43.59 (+1.61) Infosys Tech (ADR) 42.98 (-1.24) ITC (GDR) 05.57 (+1.74) L&T (GDR) 31.13 (+2.00) Mahindra & Mahindra (GDR) 17.14 (unch) Ranbaxy Labs (GDR) 09.50 (+0.74) Reliance (GDR) 31.15 (+1.73) Satyam Computer (ADR) 02.64 (unch.) State Bank of India (GDR) 87.46 (+3.87) Sterlite Industries (ADR) 08.43 (+2.80) Tata Communications (ADR) 08.37 (+0.48) Tata Motors (ADR) 26.07 (+2.80)(PTI)