Indian GDRs: ICICI Bank up 8.5%, Grasim down 7%

Company

Weight

 Price (USD)

16-Jul-2008

Change

% Change

Prem/Disc

to Local

 EPS

 (USD)

 P/E

Skindia GDR Index

100.00%

2,195.49

68.25

3.21%

6.31%

122.38

17.94

Dr. Reddy's (A)

2.55%

15.02

-0.38

-2.47%

2.72%

0.67

22.29

GAIL (G)

1.63%

45.50

0.50

1.11%

-2.11%

4.28

10.62

Grasim Ind (G)

2.40%

38.12

-2.88

-7.02%

-2.97%

5.52

6.90

ICICI Bank (A)

16.22%

26.51

2.09

8.56%

9.92%

1.73

15.29

Infosys (A)

25.89%

39.16

2.14

5.78%

9.03%

1.76

22.21

ITC (G)

0.65%

3.90

0.20

5.41%

3.54%

0.19

20.30

L & T (G)

4.22%

51.57

-2.03

-3.79%

-2.13%

1.72

29.90

Mahindra (G)

1.35%

11.90

0.50

4.39%

3.87%

0.89

13.43

Ranbaxy (G)

0.69%

10.55

0.75

7.65%

-3.42%

0.31

34.36

Reliance (G)

15.07%

90.77

0.17

0.19%

0.53%

4.70

19.31

Satyam (A)

8.93%

22.65

1.30

6.09%

23.70%

1.18

19.13

SBI (G)

6.36%

53.80

-0.30

-0.55%

1.79%

4.92

10.94

Sterlite Ind(A)

10.12%

14.76

-0.05

-0.34%

-1.35%

0.33

44.85

Tata Comm (A)

1.10%

18.67

1.11

6.32%

7.52%

0.51

36.30

Tata Motors (A)

2.83%

9.77

0.46

4.94%

6.47%

1.22

8.00