Monday, November 29, 1999

Instanex Skindia GDR Index moves further

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Mumbai, June 17 (PTI) The Instanex Skindia GDR Index moved up marginally by 16.73 points or 0.62 per cent to 2,714.92 on June 16 from 2,698.19 previously. However, the P/E ratio eased to 23.55 from 23.60 previously, an Instanex Capital release said here today. The following are the GDR and ADR rates for June 16 in US dollars, with the difference in percentage from the previous level given in brackets. Dr Reddy''s (ADR) 30.84 (-0.58) GAIL (GDR) 60.00 (unch ) Grasim Ind (GDR) 38.63 (+0.05) ICICI Bank (ADR) 37.97 (+0.24) Infosys Tech (ADR) 63.56 (+1.53) ITC (GDR) 6.26 (-0.16) L&T (GDR) 36.95 (-0.16) Mah & Mah (GDR) 13.50 (+4.98) Ranbaxy Labs (GDR) 9.25 (-2.12) Reliance (GDR) 45.80 (-0.33) Satyam Comp (ADR) 5.06 (+0.40) SBI (GDR) 101.00 (-0.04) Sterlite Ind (ADR) 14.88 (+0.54) Tata Commun (ADR) 11.14 (+5.59) Tata Motors (ADR) 18.07 (+2.44) PTI ARR.

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