Indian GDRs: Hindalco down 5.4%, L&T up 8%

Company

Weight

 Price (USD)

Change

% Change

Prem/Disc

 EPS

 P/E

25-May-07

to Local

 (USD)

Instanex Skindia DR Index

100.00%

2,638.61

15.93

0.61%

6.56%

83.33

31.67

Bajaj Auto (G)

1.56%

54.80

-0.20

-0.36%

1.68%

2.76

19.85

Dr. Reddy's (A)

2.92%

16.21

-0.03

-0.18%

1.16%

0.59

27.62

HDFC Bank (A)

6.36%

84.52

0.38

0.45%

4.16%

2.14

39.57

Hindalco (G)

2.58%

3.45

-0.20

-5.48%

0.25%

0.41

8.37

ICICI Bank (A)

21.65%

47.89

0.83

1.76%

7.35%

1.31

36.48

Infosys (A)

12.12%

49.28

-0.32

-0.65%

5.69%

1.22

40.24

ITC (G)

3.78%

3.90

-0.15

-3.70%

-1.89%

0.15

26.07

L & T (G)

5.46%

49.00

3.60

7.93%

0.38%

0.84

58.59

MTNL (A)

1.37%

7.60

-0.10

-1.30%

0.45%

0.26

28.91

Ranbaxy  (G)

1.68%

9.45

-0.05

-0.53%

-0.90%

0.19

48.82

Reliance (G)

14.70%

86.50

-0.54

-0.62%

0.76%

3.10

27.89

Satyam (A)

10.18%

25.27

0.13

0.52%

10.92%

0.41

60.92

SBI (G)

10.04%

80.10

1.56

1.99%

23.47%

3.34

23.96

VSNL (A)

3.99%

22.10

0.05

0.23%

1.16%

0.77

28.78

Wipro (A)

1.62%

16.20

0.46

2.92%

23.42%

0.39

42.04