March 17, 2012

Jalandhar Investors Discuss Standard Chartered IDR Flare Up in Indian Share Markets

Standard Bank IDR on Upper Circuit Freeze on Conversion Reports

On the Budget day , IDR ( Indian Depository Receipts ) of Standard Chartered Bank PLC ( London Listed) were locked in the Upper Circuit Freeze ( 20 % )  at around Rs. 94 ,in the Indian Share Markets.

http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/standardcharteredplc/SCB01

10 IDR s = I full share of Standard Chartered Bank PLC 
1 GBP = Around Rs. 79

Please read the Bloomberg Report by clicking :-

http://www.bloomberg.com/quote/STAN:LN

http://www.bloomberg.com/news/2012-03-16/standard-chartered-surges-on-indian-share-proposal-mumbai-mover.html

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