Epic Research Update : Indian ADRs

Indian ADRs mixed on Friday.

Mahanagar Telephone Nigam (MTNL) climbed the most with rose of 0.97% followed by Wipro (0.54%), Tata Motors (0.30%) and HDFC Bank (0.29%).

On the other hand, Dr Reddy’s Laboratories dropped the most with fall of 1.6% followed by Infosys (1.39%) and ICICI Bank (0.57%).

ADR Watch – Mar 21, 2014 Indian ADRs USD($) % Gain/(Loss) Mahanagar Telephone Nigam 0.41 0.97 Wipro 13.12 0.54 Tata Motors 33.10 0.30 H D F C Bank 38.48 0.29 I C I C I Bank 41.59 (0.57) Infosys Technologies 53.86 (1.39) Dr Reddy’S Laboratories 44.90 (1.6)

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Posted in: Indian Market Tips