The decrease in the premium of the Skindia GDR Index 0.80% on Wednesday`s over previous close indicates a flat Nifty opening. The Skindia GDR Index closed 0.19% higher on September 29, 2009 at 2453.98. Of the 15 components of the Skindia GDR Index, seven were up and eight were down. The main gainers were GAIL (+2.25%; weight 1.51%), Reliance (+1.94%; weight 14.25%) and Sterlite Industries (+0.90%; weight 10.08%) and the main losers were Ranbaxy (-5.57%; weight 0.51%) and Dr. Reddy`s (-4.70%; weight 3.06%).
Index components trading at maximum premium were Satyam Computers (33.28%), Tata Motors (4.40%) and State Bank of India (1.76%). Those trading at the highest discounts were Dr. Reddy`s (6.23%), GAIL (0.22%) and Ranbaxy (0.08%).
The Skindia GDR Index P/E ratio was 22.94 times compared to 22.35 times yesterday. Sterlite Industries has the highest price to historical earnings of 73.45 times, followed by Reliance at 26.91 times and Dr. Reddy`s at 26.51 times.
| Company |
Weight |
Price ($) |
Change |
% Change |
Prem/Disc |
EPS |
P/E |
| |
|
29-Sep-2009 |
|
|
to Local |
($) |
|
| Skindia GDR Index |
100.00% |
2,453.98 |
4.75 |
0.19% |
1.81% |
106.98 |
22.94 |
| Dr. Reddy`s (A) |
3.06% |
19.25 |
-0.95 |
-4.70% |
-6.23% |
0.73 |
26.51 |
| GAIL (G) |
1.51% |
44.99 |
0.99 |
2.25% |
-0.22% |
2.69 |
16.75 |
| Grasim Industries (G) |
3.42% |
57.96 |
-1.24 |
-2.09% |
-0.01% |
3.77 |
15.36 |
| ICICI Bank (A) |
22.60% |
36.34 |
0.10 |
0.28% |
1.08% |
1.46 |
24.90 |
| Infosys Tech (A) |
22.40% |
48.15 |
0.20 |
0.42% |
1.25% |
2.16 |
22.33 |
| ITC (G) |
0.76% |
4.87 |
-0.03 |
-0.61% |
0.06% |
0.19 |
26.09 |
| L & T (G) |
2.66% |
34.60 |
0.10 |
0.29% |
1.03% |
1.35 |
25.71 |
| Mahindra & Mah. (G) |
1.88% |
17.69 |
-0.31 |
-1.72% |
-0.07% |
0.73 |
24.27 |
| Ranbaxy Labs (G) |
0.51% |
8.31 |
-0.49 |
-5.57% |
-0.08% |
(0.56) |
(14.95) |
| Reliance (G) |
14.25% |
91.50 |
1.74 |
1.94% |
1.62% |
3.40 |
26.91 |
| Satyam Computers (A) |
2.46% |
6.66 |
0.04 |
0.60% |
33.28% |
0.74 |
9.04 |
| State Bank of India (G) |
9.80% |
88.45 |
-0.31 |
-0.35% |
1.76% |
6.42 |
13.77 |
| Sterlite Industries (A) |
10.08% |
15.68 |
0.14 |
0.90% |
0.66% |
0.21 |
73.45 |
| Tata Communications (A) |
1.11% |
20.07 |
-0.35 |
-1.71% |
1.18% |
0.79 |
25.32 |
| Tata Motors (A) |
3.48% |
12.82 |
-0.12 |
-0.93% |
4.40% |
0.55 |
23.34 |
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