How the GDRs/ADRs of Indian Companies Fared
(Sunday, September 16, 2001)

Company

Current Current

RETURNS OVER

GDR Premium/ offer price the Week
Price Discount $Terms $Terms
(Rs.) (%) (%) (%)
Indo Rama Synthetics 9 20 (83) 9
ICICI Bank 113 27 (57) 2
Infosys Technologies 4761 64 194 2
Jain Irrigation 24 111 (96) 0
Kesoram Industries 40 94 (47) 0
NEPC Micon 12 396 (92) 0
JCT 4 102 (95) 0
H D C 6 42 (94) 0
Ispat Industries 1 (60) (99) 0
J K Corp 26 162 (93) 0
United Phosphorous 45 41 (95) 0
Tube Investments 60 8 (81) 0
Wockhardt 428 12 (37) 0
Usha Beltron 45 119 (91) 0
SIEL 6 (18) (97) 0
Oriental Hotels 119 97 (80) 0
T E L C O 83 25 (88) 0
SIV Industries 15 502 (98) 0
Core Healthcare 15 195 (98) 0
Dr.Reddy's 1016 (44) 91 0
Bajaj Auto 352 41 (56) 0
Flex Industries 48 245 (75) 0
CESC 19 57 (96) 0
Grasim Industries 321 26 (67) (1)
SBI 195 12 (42) (2)
Ranbaxy Laboratories 736 26 60 (2)
I C I C I 67 32 (28) (2)
Hindalco 738 20 (3) (3)
BSES 206 19 (10) (4)
GNFC 21 5 (82) (4)
G E Shipping 32 33 (79) (4)
Indian Hotels 238 50 (70) (5)
ICICI 66 43 (40) (5)
SAIL 5 25 (87) (6)
Indian Rayon 81 22 (89) (6)
ITC 726 13 99 (6)
Gujarat Ambuja 157 7 122 (6)
Indo Gulf Fertilizers 38 28 (82) (6)
India Cements 36 21 (82) (6)
Finolex Cables 176 20 (55) (6)
Sterlite 100 6 (88) (7)
East India Hotels 280 20 (37) (7)
Indian Aluminium 95 19 (70) (7)
Tata Power 93 (9) (73) (7)
Reliance Industries 324 24 16 (7)
Garden Silk Mills 12 5 (95) (7)
IPCL 46 36 (79) (8)
Ashok Leyland 63 9 (69) (8)
M T N L 120 10 (58) (8)
Bombay Dyeing 48 29 (89) (9)
DCW 5 19 (96) (9)
Silverline Tech 155 455 (93) (10)
EID Parry 64 7 (84) (10)
Raymond Woollen 86 21 (66) (11)
Sanghi 3 (41) (97) (11)
Mahindra & Mah. 74 28 (65) (11)
Rediff 27 N.A. (90) (12)
L & T 206 22 (48) (13)
SPIC 10 54 (91) (13)
Arvind Mills 14 82 (97) (14)
Aptech 52 37 (92) (15)
Century Textiles 36 35 (94) (17)
VSNL 817 357 (38) (18)
Videocon International 31 67 (92) (19)
Crompton Greaves 29 44 (92) (20)
Himachal Futuristic 54 64 (52) (25)
Satyam Infoway 58 N.A. (73) (27)
SSI 167 42 (98) (30)
TOTAL 61.8 (60.3) (6.2)