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Hindalco, Bajaj Auto GDRs Dip

ADR/GDR Report

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Our Markets Bureau Mumbai
Last Updated : Jan 28 2013 | 2:26 AM IST
 Among the global depository receipts (GDRs), four advanced and two lost ground. Gainers were Hindalco (up 3.80 per cent to $20.50), with a volume of 4,000 GDRs, Bajaj Auto, up 3.21 per cent at $17.70 with a volume of 29,986 GDRs, Ranbaxy up 0.93 per cent at $21.80 and State Bank of India up 0.20 per cent at $25.30 with a volume of 94,886 GDRs.

 The only losers were Reliance Industries (down 2.44 per cent at $20 and volume at 23,9607 GDRs), and ITC was down 1.35 per cent at $18.30 with a volume of 5,200 GDRs.

 On September 30, six out of eight ISDI American depository receipts advanced with the majors gainers being ICICI Bank, VSNL, Wipro and others.

 Among the Indian ADRs listed on the US markets, the Infosys Tech ADS shed $0.188 to $ 68.072, Sify declined $0.32 to $ 5.96 and the Rediff.com ADR dropped $0.30 to $5.76.

 The ICICI Bank ADR gained $0.16 to $10.56. The VSNL ADR eased $0.15 to $5.25, the Wipro ADR added $0.15 to $29.05 and the Dr Reddy

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First Published: Oct 02 2003 | 12:00 AM IST

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