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(21/2/2015 StockInvestingTips Indian ADR's charts) - ADR's or American Depositor Receipts is a method of stock trading in USA for foreign corporations. These ADR's can be traded on US stock market floor like any other stocks, however ADR's are issued by American Banks or
Showing posts with label indian ADR's. Show all posts
Showing posts with label indian ADR's. Show all posts
Friday, February 20, 2015
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 |
Sunday, June 14, 2009
Indian shares on US bourses gain over $3 bn
Indian stocks trading on American bourses gained more than USD 3 billion in a week, with private sector lender HDFC Bank accounting half of it.
For the week ended June 12, Indian entities listed on the New York Stock Exchange and Nasdaq added USD 3.21 billion to their market capitalisation, with the valuation of HDFC Bank alone climbing USD 1.16 billion.
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Among the 16 companies trading as American Depository Receipts (ADRs), another major gainer was copper producer Sterlite Industries whose market value shot up by USD 850 million.
Apart from HDFC Bank and Sterlite Industries, IT bellwether Infosys Technologies and scam-hit Satyam Computer Services too witnessed a significant rise in their respective market capitalisations.
While the valuation of Infosys grew by USD 619 million , that of Satyam Computer rose by USD 361 million.
Shares of Satyam Computer climbed higher on the NYSE last week after the entity reported a standalone profit of Rs 181 crore for the October-December quarter.
courtesy - economictimes
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