Marginal Recovery In Skindia GDR Index

Mumbai, June 28: | Updated: Jun 29 2002, 05:30am hrs
The Skindia GDR Index, representing the GDRs of 15 actively traded companies, recovered marginally by 0.49 per cent to 498.97 on Friday as against its previous close of 496.55, an Instanex Capital release said.

The Skindia GDR Index P/E Ratio also inched up by 0.45 per cent to 10.98 from 10.93 previously. Among the Indian GDRs/ADRs, there were 20 gainers, 14 losers while 38 held steady.

The GDRs of SAIL, Arvind Mills and GE Shipping firmed upto $3.75, $0.38 and $3.75 respectively from $3.28, $0.35 and $3.50 previously.

However, the GDRs of SSI Ltd, SPIC and Century Textiles dropped to $0.28, $1.05 and $1.10 respectively from $0.40, $1.25 and $1.25 previously.

PTI