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Sunday, January 17, 2021

What is ADR & GDR..??

  • ADR stands for American Depositary Receipt and GDR stands for Global Depositary Receipt.
  • Shares of Indian Company Listed In Foreign Country is known as ADR/GDR.
  • NRIs and foreign nationals can invest in ADRs. These are not open for resident Indians.
  • They can simply trade on the Indian stock exchanges.
Example of Indian ADRs/GDR trading on the US Exchanges
  • Dr. Reddy's Laboratories
  • HDFC Bank
  • ICICI Bank
  • Infosys

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