Indian GDRs: Ranbaxy up 5%, Dr Reddys Labs gains 4%

Company

Weight

 Price ($)

Change

% Change

Prem/Disc

 EPS

 P/E

14-May-2008

to Local

 ($)

Skindia GDR Index

100.00%

        2,926.92

46.14

1.60%

3.15%

  117.53

  24.90

Dr. Reddy's (A)

1.97%

15.45

0.61

4.11%

-3.04%

       0.85

  18.10

GAIL (G)

1.57%

58.50

0.90

1.56%

4.93%

       3.71

  15.77

Grasim (G)

2.59%

54.90

-0.35

-0.63%

3.61%

       5.14

  10.69

ICICI Bank (A)

19.87%

43.28

0.83

1.96%

2.50%

       1.62

  26.67

Infosys (A)

21.98%

44.33

1.31

3.05%

3.04%

       1.74

  25.47

ITC (G)

0.67%

5.40

-0.10

-1.82%

1.14%

       0.19

  28.48

L & T (G)

4.18%

68.03

-0.57

-0.83%

2.03%

       1.54

  44.26

M&M (G)

1.32%

15.50

0.50

3.33%

0.28%

       0.85

  18.27

Ranbaxy (G)

0.57%

11.60

0.58

5.26%

-0.57%

       0.37

  31.28

Reliance (G)

15.13%

121.50

2.75

2.32%

1.93%

       4.31

  28.19

Satyam (A)

7.68%

25.95

-0.20

-0.76%

9.92%

       1.16

  22.45

SBI (G)

7.41%

83.64

-1.36

-1.60%

6.87%

       4.73

  17.69

Sterlite (A)

10.53%

20.48

0.47

2.35%

1.49%

       0.29

  71.79

Tata Comm (A)

1.05%

23.79

0.49

2.10%

2.13%

       0.67

  35.76

Tata Motors (A)

3.49%

16.04

0.05

0.31%

1.24%

       1.26

  12.69