Indian GDRs: Grasim up 10%, ICICI Bank up 9.4%

Company

Weight

 Price (USD)

17-Jul-2008

Change

% Change

Prem/Disc

to Local

 EPS

 (USD)

 P/E

Skindia GDR Index

100.00%

2,287.33

91.84

4.18%

7.32%

122.38

18.69

Dr. Reddy's (A)

2.56%

15.70

0.68

4.53%

5.77%

0.67

23.30

GAIL (G)

1.66%

48.26

2.76

6.07%

-3.30%

4.28

11.27

Grasim Ind (G)

2.53%

41.90

3.78

9.92%

4.78%

5.52

7.59

ICICI Bank (A)

17.05%

29.02

2.51

9.47%

13.43%

1.73

16.74

Infosys (A)

25.22%

39.74

0.58

1.48%

8.18%

1.76

22.53

ITC (G)

0.63%

3.95

0.05

1.28%

1.65%

0.19

20.56

L & T (G)

4.44%

56.50

4.93

9.56%

-0.24%

1.72

32.75

Mahindra (G)

1.31%

12.00

0.10

0.84%

0.61%

0.89

13.54

Ranbaxy (G)

0.66%

10.50

-0.05

-0.47%

0.05%

0.31

34.20

Reliance (G)

15.33%

96.20

5.43

5.98%

2.83%

4.70

20.46

Satyam (A)

8.88%

23.46

0.81

3.58%

22.07%

1.18

19.81

SBI (G)

6.66%

58.70

4.90

9.11%

3.07%

4.92

11.93

Sterlite Ind (A)

9.21%

14.00

-0.76

-5.15%

-0.84%

0.33

42.54

Tata Comms (A)

1.07%

18.91

0.24

1.29%

5.86%

0.51

36.77

Tata Motors (A)

2.81%

10.11

0.34

3.48%

5.85%

1.22

8.28