How the GDRs/ADRs of Indian Companies Fared
(Sunday, January 07, 2001)

Company

Current Current

RETURNS OVER

GDR Premium/ offer price the Week
Price Discount $Terms $Terms
(Rs.) (%) (%) (%)
Arvind Mills 19 42 -96 33
Indo Gulf Fertilizers 58 26 -72 32
T E L C O 121 18 -82 30
VSNL 1400 330 8 21
SPIC 14 40 -87 20
Century Textiles 56 19 -91 20
SBI 228 6 -31 18
ICICI 110 11 2 15
Tata Tea 266 5 -42 14
L & T 231 11 -36 13
ICICI Bank ADR 162 -2 -37 12
SSI 1517 3 -77 11
Himachal Futuristic 1342 -4 1,137 11
Silverline ADR 257 -3 -56 10
Videocon International 56 24 -85 9
ITC 1004 7 181 9
CESC 30 19 -94 8
Raymond Woollen 126 -3 -49 8
East India Hotels 280 32 -35 7
Usha Beltron 70 16 -86 7
Sterlite 175 3 -79 7
Rediff ADR 69 N.A. -76 7
Hindalco 922 22 23 7
Hindalco 922 22 84 7
SAIL 7 16 -81 7
G E Shipping 39 7 -74 6
Indian Rayon 98 9 -86 5
Aptech 401 -1 -40 5
Indian Hotels 257 5 -67 5
Grasim Industries 362 23 -62 5
BSES 224 10 0 5
Mahindra & Mah. 156 2 -25 5
Finolex Cables 268 23 -31 5
India Cements 58 5 -70 4
GNFC 30 4 -75 3
Bajaj Auto 287 24 -64 3
M T N L 194 0 -31 2
G A I L 62 18 N.A 2
IPCL 72 7 -67 2
Ashok Leyland 51 12 -75 2
Infosys Technologies ADR 8846 39 457 1
Reliance Industries 393 8 43 1
DCW 8 56 -94 0
SIEL 9 71 -95 0
SIV Industries 24 376 -97 0
United Phosphorous 82 3 -91 0
Ballarpur Industries 119 75 -71 0
Tata Power 70 -34 -79 0
Core Healthcare 24 82 -96 0
Crompton Greaves 35 16 -90 0
Sanghi 5 -5 -95 0
ICICI ADR 96 -3 5 0
J K Corp 28 12 -93 0
JCT 6 5 -93 0
Jain Irrigation 24 101 -95 0
Ispat Industries 9 161 -91 0
Indian Aluminium 114 5 -64 0
Garden Silk Mills 10 20 -96 0
Wockhardt 44 -90 -93 0
Oriental Hotels 117 42 -80 0
H D C 12 185 -88 0
Flex Industries 47 26 -75 0
Kesoram Industries 40 39 -47 0
Gujarat Ambuja 175 10 152 0
NEPC Micon 11 460 -92 0
EID Parry 82 16 -79 -3
Ranbaxy Laboratories 759 15 68 -3
Dr.Reddy's 1307 4 151 -3
Bombay Dyeing 117 21 -73 -4
Satyam Infoway ADR 187 N.A. -11 -5
Indo Rama Synthetics 8 17 -85 -8
Tube Investments 75 13 -76 -9
TOTAL 36.4 -26.6 5.1