Indian GDRs: Mahindra up 12.2%, Gail up 10.7%

Company

Weight

 Price (USD)

23-Jul-2008

Change

% Change

Prem/Disc

to Local

 EPS

 (USD)

 P/E

Skindia GDR Index

100.00%

2,519.55

131.80

5.52%

4.03%

125.29

20.11

Dr. Reddy's (A)

2.27%

15.33

-0.01

-0.07%

2.00%

0.69

22.23

GAIL (G)

1.66%

53.17

5.17

10.77%

-0.70%

4.38

12.13

Grasim Ind (G)

2.38%

43.41

2.21

5.36%

-0.17%

5.66

7.68

ICICI Bank (A)

19.63%

36.82

2.93

8.65%

4.96%

1.77

20.75

Infosys (A)

23.05%

40.02

0.78

1.99%

5.03%

1.81

22.17

ITC (G)

0.66%

4.57

0.27

6.28%

0.34%

0.20

23.23

L & T (G)

4.71%

66.00

6.00

10.00%

0.41%

1.77

37.37

Mahindra (G)

1.33%

13.49

1.47

12.23%

2.45%

0.91

14.87

Ranbaxy  (G)

0.63%

11.14

0.39

3.63%

0.58%

0.31

35.44

Reliance (G)

15.58%

107.75

7.25

7.21%

0.09%

4.81

22.38

Satyam (A)

7.59%

22.09

0.11

0.50%

23.08%

1.21

18.22

SBI (G)

7.57%

73.50

7.00

10.53%

0.19%

5.04

14.59

Sterlite Ind (A)

9.05%

15.16

0.59

4.05%

-0.99%

0.34

45.00

Tata Comm (A)

1.16%

22.53

1.63

7.80%

2.32%

0.53

42.79

Tata Motors (A)

2.71%

10.75

0.24

2.28%

3.41%

1.25

8.60