ICICI Bank ADR soars

ADR\GDR Report

 However, the ISDI price to earnings multiple eased by 0.06 per cent to 18.08 from 18.10 previously. Among the ISDI ADRs and GDRs, there were seven gainers, six losers and two ruled steady.

 The ADR of ICICI Bank firmed up to $14.18 from $13.80 previously. The GDRs of Hindalco and State Bank of India were also quoted higher at $28.75 and $29.50 respectively as against $27.98 and $29.08 previously.

 However, the ADR of Satyam Computer fell to $22.95 from $24.11 previously. The GDRs of Bajaj Auto and Ranbaxy Labs dropped to $20.84 and $23.39 respectively from $21.56 and $24.13 previously.

 The ADR of Infosys Technologies went down by $1.68 to $85.80. while the ADR of VSNL also dropped by $0.03 to $6.17.

 The ADR of Wipro was up marginally by $0.15 to $41.75 on selective buying. The ADR of MTNL also inched up $0.04 to $5.49 while the ADR of Dr Reddy