Indian GDRs: Ranbaxy down 9.5%, Mahindra up 5%

Company

Weight

 Price (USD)

14-Jul-2008

Change

% Change

Prem/Disc

to Local

 EPS

 (USD)

 P/E

Skindia GDR Index

100.00%

2,223.55

-2.60

-0.12%

1.95%

122.75

18.11

Dr. Reddy's (A)

2.63%

15.70

0.16

1.03%

2.75%

0.68

23.23

GAIL (G)

1.63%

46.00

-1.55

-3.26%

-3.36%

4.30

10.71

Grasim Ind (G)

2.58%

41.50

0.50

1.22%

3.46%

5.54

7.49

ICICI Bank (A)

15.89%

26.29

-0.32

-1.20%

-2.61%

1.74

15.12

Infosys (A)

24.25%

37.15

-0.99

-2.60%

2.56%

1.77

21.00

ITC (G)

0.65%

3.95

-0.16

-3.89%

0.59%

0.19

20.49

L & T (G)

4.53%

56.00

1.36

2.49%

0.60%

1.73

32.37

Mahindra  (G)

1.42%

12.70

0.60

4.96%

-0.16%

0.89

14.29

Ranbaxy (G)

0.72%

11.10

-1.17

-9.54%

0.20%

0.31

35.96

Reliance (G)

15.98%

97.50

3.07

3.25%

2.32%

4.72

20.67

Satyam (A)

8.78%

22.54

-0.53

-2.30%

18.30%

1.19

18.98

SBI (G)

6.83%

58.55

1.12

1.95%

0.00%

4.93

11.87

Sterlite Ind (A)

10.46%

15.46

0.35

2.32%

-2.78%

0.33

46.84

Tata Comm (A)

1.01%

17.30

0.00

0.00%

-1.89%

0.52

33.54

Tata Motors (A)

2.66%

9.30

-0.07

-0.75%

-2.42%

1.23

7.59