Instanex Skindia GDR Index recovers

MUMBAI, Aug 21:  The Instanex Skindia GDR Index recovered modestly by 15.65 points or 0.84 per cent to 1,873.61 as on August 20 from 1,857.95 previously.
The P/E ratio was also moved up to 22.23 from 21.82, an Instanex Capital release said here today.
Following are the GDR and ADR rates for August 20 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)  33.51   (-0.15) Gail                    (GDR)  28.13   (-1.30) Grasim Industries       (GDR)  36.83   (-0.20) ICICI Bank              (ADR)  27.81   (+3.61) Infosys Tech            (ADR)  47.47   (-0.54) ITC                     (GDR)  04.99   (+0.14) L&T                     (GDR)  11.38   (-1.73) Mahindra & Mahindra     (GDR)  12.58   (-1.64) Ranbaxy Labs            (GDR)  05.90   (-2.64) Reliance                (GDR)  25.85   (+0.15) Satyam Computer         (ADR)  02.64   (unch) State Bank of India     (GDR)  48.96   (+0.29) Sterlite Industries     (ADR)  05.29   (+8.85) Tata Communications     (ADR)  04.50   (unch) Tata Motors             (ADR)  23.11   (-1.24) (PTI)