Tuesday, June 05, 2007

Indian ADRs - losing their premium.

Infy has lost its premium on the US Nasdaq exchange vs the Indian Bombay stock exchange.

See this page from Equitymaster.

DR Reddy(RDY), HDFC bank (HDB), ICICI (IBN), And Infosys(INFY) are some good stocks with an ADR premiun of less than 5%.

I will write more about these when I have the time. I do not own any of these directly, but may have indirect holdings via mutual fund.