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Showing posts with label ADR's. Show all posts
Showing posts with label ADR's. Show all posts

Wednesday, August 31, 2011

Indian companies with ADR's list


Very few Indian companies are trading in US stock markets. Some are doing through the ADR route. an American depositary receipt (ADR) is a stock that trades in the United States but represents a specified number of shares in a foreign corporation. ADRs are bought and sold on American markets just like regular stocks, and are issued/sponsored in the U.S. by a bank or brokerage.
In reality it doesnt matter much for and Indian company to trade on US Stock markets through ADR route.

List of Indian ADR's as of August 2011:

HDFC BANK
ICICI BANK
INFOSYS
DR REDDY
MTNL
PATNI COMPUTERS
REDIFF.COM
SATYAM COMPUTERS
SATYAM INFOWAY
STERLITE
TATA MOTORS
TATA COMMUNICATIONS
WIPRO


 

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