Instanex Skindia GDR Index edges up

MUMBAI, Nov 23: The Instanex Skindia GDR Index edged up further by 1.62 points or 0.07 per cent to 2,191.75 as on November 22 from 2,190.13 in the previous session.

The P/E ratio also moved up to 22.43 from 22.34, an Instanex Capital release said here today.

Following are the GDR and ADR rates for November 22 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) 31.64 (unch) Gail (GDR) 37.41 (unch) Grasim Industries (GDR) 58.84 (+1.90) ICICI Bank (ADR) 38.22 (unch) Infosys Tech (ADR) 42.36 (unch) ITC (GDR) 05.24 (+1.16) L&T (GDR) 29.00 (+1.19) Mahindra & Mahindra (GDR) 17.27 (+0.06) Ranbaxy Labs (GDR) 09.44 (-0.42) Reliance (GDR) 27.67 (-0.97) Satyam Computer (ADR) 02.64 (unch.) State Bank of India (GDR) 77.56 (+0.47) Sterlite Industries (ADR) 07.08 (unch) Tata Communications (ADR) 08.32 (unch) Tata Motors (ADR) 24.23 (unch) (PTI)