How the GDRs/ADRs of Indian Companies Fared
(Sunday, December 31, 2000)

Company

Current Current

RETURNS OVER

GDR Premium/ offer price the Week
Price Discount $Terms $Terms
(Rs.) (%) (%) (%)
Rediff ADR 64 N.A (77) 6
Satyam Infoway ADR 196 N.A. (7) 5
EID Parry 261 281 (33) 4
Indo Rama Synthetics 9 27 (83) 3
ICICI ADR 96 2 5 3
M T N L 189 6 (32) 1
H D C 12 185 (88) 0
Ispat Industries 9 161 (91) 0
J K Corp 28 12 (93) 0
GNFC 29 7 (76) 0
Garden Silk Mills 10 34 (96) 0
Gujarat Ambuja 175 11 152 0
JCT 6 5 (93) 0
Kesoram Industries 40 44 (47) 0
Jain Irrigation 24 101 (95) 0
Indian Rayon 93 11 (87) 0
Oriental Hotels 117 42 (80) 0
NEPC Micon 11 460 (92) 0
SBI 193 0 (42) 0
Sanghi 5 (5) (95) 0
Usha Beltron 65 20 (87) 0
SIV Industries 24 376 (97) 0
DCW 8 51 (94) 0
United Phosphorous 82 2 (91) 0
Bombay Dyeing 121 25 (72) 0
Core Healthcare 24 109 (96) 0
Century Textiles 47 11 (92) 0
Tube Investments 82 18 (73) 0
Wockhardt 44 (90) (93) 0
G A I L 10 (80) N.A. 0
Flex Industries 47 19 (75) 0
SIEL 9 71 (95) 0
Reliance Industries 389 15 42 (0)
Ashok Leyland 50 14 (75) (2)
Ballarpur Industries 119 89 (71) (2)
Raymond Woollen 117 (0) (53) (2)
VSNL 1161 288 (11) (2)
Grasim Industries 345 20 (43) (3)
East India Hotels 82 (60) (81) (3)
Indian Hotels 245 4 (68) (3)
Himachal Futuristic 1214 (5) 1,018 (3)
Ranbaxy Laboratories 782 16 73 (3)
IPCL 70 12 (68) (3)
Dr.Reddy's 1354 6 160 (3)
BSES 214 8 (5) (4)
Aptech 383 2 (43) (4)
G E Shipping 36 4 (76) (4)
India Cements 56 3 (72) (4)
ITC 922 3 158 (4)
Finolex Cables 257 26 (34) (4)
Infosys Technologies ADR 8729 53 450 (5)
Tata Tea 233 5 (49) (5)
ICICI Bank ADR 144 (4) (44) (6)
Mahindra & Mah. 149 1 (28) (6)
SAIL 7 9 (83) (6)
Hindalco 864 17 16 (6)
Sterlite 163 6 (80) (7)
Bajaj Auto 280 24 (64) (8)
L & T 204 4 (48) (8)
Videocon International 51 17 (86) (8)
Tata Power 70 (29) (79) (9)
Silverline ADR 233 (6) (60) (9)
ICICI 96 2 (11) (11)
Indian Aluminium 114 (1) (64) (11)
T E L C O 93 6 (86) (11)
Crompton Greaves 35 22 (90) (12)
Indo Gulf Fertilizers 44 2 (79) (17)
SPIC 12 17 (89) (19)
SSI 1368 (4) (80) (22)
Arvind Mills 14 5 (97) (25)
CESC 28 10 (94) (40)
TOTAL 36.5 (31.5) (4.0)