L&T GDR up 3.08%

ADR/ GDR REPORT

The Instanex Skindia DR Index (ISDI) was down 0.42 per cent to 1244.82 in the early morning trades in London on Thursday. Among the ISDI GDR stocks, three advanced, two remained unchanged and two lost ground.

The gainers were L&T, up 3.08 per cent to $23.10, SBI was up 0.39 per cent to $38.85, and Ranbaxy was up 0.22 per cent to $24.15. The losers were Reliance, down 2.64 per cent to $24.75 and Hindalco was down 0.48 per cent to $31.35.

The Instanex Skindia DR Index was down 0.38 per cent to 1245.09 on Wednesday (16 February, 2005) and was trading at a P/E of 19.92 (down 0.54 per cent).

Among the ISDI ADR, two advanced, one remained unchanged and five lost ground on Wednesday. The gainers were Infosys, up 0.21 per cent to $74.70 and Dr Reddy's Lab gained 0.06 per cent to $17.73.