How the GDRs/ADRs of Indian Companies Fared
(Sunday, November 26, 2000)

Company

Current Current

RETURNS OVER

GDR Premium/ offer price the Week
Price Discount $Terms $Terms
(Rs.) (%) (%) (%)
Arvind Mills 16 31 (96) 17
G E Shipping 26 (24) (82) 12
GNFC 26 9 (78) 12
India Cements 47 8 (76) 11
Sterlite 164 8 (80) 8
Infosys Technologies ADR 12577 69 690 7
ICICI 96 17 (11) 7
United Phosphorous 75 (0) (92) 7
Tata Tea 211 6 (54) 6
Gujarat Ambuja 148 (6) 112 5
Grasim Industries 297 27 (69) 5
Grasim Industries 297 27 (51) 5
ICICI Bank ADR 170 17 (34) 4
Himachal Futuristic 1335 2 1,126 4
G A I L 52 21 N.A. 2
L & T 166 (5) (54) 1
L & T 166 (5) (57) 1
Jain Irrigation 24 146 (95) 0
Usha Beltron 66 23 (87) 0
JCT 6 5 (93) 0
Tube Investments 80 14 (74) 0
Wockhardt 913 139 36 0
Indo Rama Synthetics 9 12 (84) 0
Videocon International 54 22 (86) 0
J K Corp 28 12 (93) 0
Ispat Industries 9 162 (91) 0
Oriental Hotels 117 47 (80) 0
Raymond Woollen 117 (3) (53) 0
Mahindra & Mah. 152 5 (27) 0
NEPC Micon 11 462 (92) 0
SIEL 9 65 (95) 0
Tata Power 68 (8) (80) 0
Kesoram Industries 40 43 (47) 0
SIV Industries 24 546 (97) 0
Sanghi 5 (4) (95) 0
East India Hotels 211 8 (52) 0
EID Parry 82 17 (79) 0
Flex Industries 47 106 (75) 0
Garden Silk Mills 10 17 (96) 0
Ashok Leyland 51 16 (75) 0
Bombay Dyeing 129 23 (70) 0
Core Healthcare 24 99 (96) 0
Ballarpur Industries 129 91 (69) 0
DCW 8 118 (94) 0
Bajaj Auto 304 16 (62) 0
ICICI ADR 183 123 99 0
IPCL 62 12 (71) 0
Aptech 384 (3) (43) 0
Indian Aluminium 115 20 (64) 0
Hindalco 726 11 (3) 0
H D C 12 186 (88) 0
Hindalco 726 11 44 0
ITC 808 4 125 (1)
VSNL 820 216 (37) (1)
BSES 198 4 (12) (2)
Finolex Cables 246 2 (37) (2)
SBI 169 (0) (49) (2)
SAIL 7 22 (81) (2)
Indian Rayon 80 1 (89) (3)
Indian Hotels 215 4 (72) (3)
Silverline ADR 274 (5) (53) (5)
Reliance Industries 322 3 17 (5)
Reliance Industries 322 3 68 (5)
Ranbaxy Laboratories 796 4 76 (6)
Dr.Reddy's 1405 6 169 (6)
Crompton Greaves 33 18 (91) (7)
T E L C O 84 (4) (79) (8)
T E L C O 84 (4) (87) (8)
SSI 1827 6 (73) (8)
Satyam Infoway ADR 340 N.A. 61 (10)
Century Textiles 40 7 (93) (11)
M T N L 149 2 (47) (11)
Indo Gulf Fertilizers 40 8 (81) (15)
CESC 19 (11) (96) (20)
SPIC 11 15 (89) (20)
Rediff ADR 88 N.A (69) (26)
TOTAL 41.3 (24.7) (0.9)