How the GDRs/ADRs of Indian Companies Fared
(Sunday, October 29, 2000)

Company

Current Current

RETURNS OVER

GDR Premium/ offer price the Week
Price Discount $Terms $Terms
(Rs.) (%) (%) (%)
SBI 160 1 (51) 33
Silverline ADR 375 17 (34) 31
G E Shipping 35 5 (76) 25
Ashok Leyland 53 11 (73) 21
SPIC 14 60 (87) 20
EID Parry 80 15 (79) 17
Arvind Mills 16 74 (96) 17
Ranbaxy Laboratories 859 21 94 13
Grasim Industries 252 24 (58) 10
L & T 164 4 (57) 8
ITC 861 14 146 7
United Phosphorous 69 19 (93) 7
Tube Investments 73 5 (76) 7
East India Hotels 218 10 (49) 6
Reliance Industries 310 2 66 5
SSI 2519 9 (62) 5
G A I L 50 11 N.A. 5
Rediff ADR 97 N.A (65) 5
M T N L 137 (0) (50) 4
Bajaj Auto 344 29 (56) 4
Indian Hotels 202 3 (73) 4
Gujarat Ambuja 149 13 118 3
Bombay Dyeing 128 10 (70) 2
Infosys Technologies ADR 11839 64 660 2
Mahindra & Mah. 149 12 (27) 2
IPCL 61 21 (71) 1
Hindalco 737 (2) 1 1
Tata Tea 183 6 (59) 0
SIV Industries 23 484 (97) 0
Wockhardt 893 142 36 0
T E L C O 80 11 (88) 0
Sanghi 5 (7) (95) 0
Usha Beltron 64 38 (87) 0
Raymond Woollen 103 1 (58) 0
SAIL 7 37 (83) 0
NEPC Micon 11 450 (92) 0
Oriental Hotels 115 43 (80) 0
SIEL 8 61 (95) 0
Kesoram Industries 39 119 (47) 0
Flex Industries 23 21 (88) 0
Finolex Cables 229 5 (40) 0
GNFC 23 3 (80) 0
H D C 11 179 (88) 0
Garden Silk Mills 10 28 (96) 0
DCW 8 122 (94) 0
CESC 23 24 (95) 0
Ballarpur Industries 115 52 (71) 0
Century Textiles 34 22 (94) 0
Crompton Greaves 34 46 (90) 0
Core Healthcare 23 100 (96) 0
India Cements 39 11 (80) 0
Indo Gulf Fertilizers 46 31 (78) 0
Indian Rayon 69 3 (90) 0
J K Corp 27 118 (93) 0
ICICI ADR 179 141 99 0
Jain Irrigation 23 192 (95) 0
JCT 6 53 (93) 0
Ispat Industries 9 154 (91) (0)
Aptech 394 (9) (40) (1)
ICICI 78 5 (26) (1)
Dr.Reddy's 1420 1 178 (3)
Himachal Futuristic 1122 (5) 954 (4)
Videocon International 55 33 (85) (4)
Indian Aluminium 110 20 (65) (4)
VSNL 719 11 (44) (6)
Tata Power 62 (9) (81) (7)
BSES 183 3 (17) (8)
Satyam Infoway ADR 352 N.A. 71 (14)
ICICI Bank ADR 115 (0) (55) (15)
Sterlite 160 2 (80) (85)
47.0 (26.2) 1.6