How the GDRs/ADRs of Indian Companies Fared
(Sunday, May 28, 2000)

Company

Current Current

RETURNS OVER

GDR Premium/ offer price the Week
Price Discount $Terms $Terms
(Rs.) (%) (%) (%)
I C I C I 146 16 70 13
Gujarat Ambuja 176 -9 169 8
Himachal Futuristic 769 -3 653 8
Indian Aluminium 163 6 -45 6
ICICI Bank 341 61 41 6
ITC 741 11 120 4
BSES 282 0 34 3
Sterlite 539 -2 -31 2
Grasim Industries 402 39 -30 2
Grasim Industries 402 39 -55 2
Ballarpur Industries 59 12 -85 0
Century Textiles 46 10 -92 0
Bombay Dyeing 57 -17 -86 0
Flex Industries 22 54 -88 0
CESC 22 -15 -95 0
Oriental Hotels 110 8 -80 0
SIV Industries 22 367 -97 0
Videocon International 59 44 -83 0
Wockhardt 857 130 36 0
SIEL 10 40 -95 0
SAIL 8 22 -80 0
Indo Gulf Fertilizers 51 20 -75 0
Kesoram Industries 37 45 -47 0
Indo Rama Synthetics 9 21 -82 0
Ispat Industries 10 113 -90 0
J K Corp 26 120 -93 0
NEPC Micon 22 816 -84 0
H D C 11 162 -88 0
DCW 8 28 -93 0
Arvind Mills 18 81 -96 0
JCT 6 16 -92 0
Jain Irrigation 26 60 -95 0
Finolex Cables 262 4 -28 -1
Reliance Industries 522 64 191 -1
Reliance Industries 522 64 102 -1
SBI 185 -2 -41 -2
Raymond Woollen 80 22 -66 -3
ICICI 149 19 48 -3
Indian Rayon 75 38 -89 -3
Bajaj Auto 363 4 -51 -3
VSNL 1231 14 1 -3
Mahindra & Mah. 220 6 12 -4
M T N L 220 26 -16 -4
Ranbaxy Laboratories 692 32 63 -4
Tata Power 53 2 -83 -4
India Cements 51 4 -73 -4
Usha Beltron 209 9 -56 -5
Indian Hotels 204 2 -72 -5
SPIC 24 53 -75 -5
Tube Investments 92 11 -68 -7
Ashok Leyland 70 12 -63 -7
Core Healthcare 22 112 -96 -7
IPCL 54 4 -73 -8
Sanghi 5 103 -94 -8
Hindalco 769 9 9 -8
Hindalco 769 9 63 -8
Garden Silk Mills 10 42 -96 -8
T E L C O 134 14 -79 -9
T E L C O 134 14 -65 -9
GNFC 22 -6 -80 -9
Dr.Reddy's 1231 -2 151 -10
EID Parry 88 0 -76 -11
Infosys Technologies 12133 103 712 -15
Crompton Greaves 33 56 -90 -17
East India Hotels 143 26 -65 -17
United Phosphorous 66 -4 -93 -19
SSI 2253 41 -64 -20
L & T 201 10 -45 -22
L & T 201 10 -40 -22
G E Shipping 17 11 -88 -24
Satyam Infoway 739 N.A 274 -40
TOTAL 45.5 -16.3 -4.3