ADR Watch · US-Listed Indian Stocks

A YEAR IN THE RED

Approx. 1-Year Return, Select Indian ADRs
HDFC Bank
-32.75%
Approx. 1-Year Return
Significant underperformance; down sharply from highs.
India's largest private bank has seen its ADR slide well below its 52-week peak, weighing on the broader financials basket.
ICICI Bank
-13.03%
Approx. 1-Year Return
Negative but relatively better than HDFC among banks.
A comparatively shallower drawdown versus peer HDFC Bank, though still firmly in negative territory for the year.
Infosys
-36.83%
Approx. 1-Year Return
IT sector weakness; large drawdown from peaks.
Muted deal wins and demand softness in key export markets have pressured India's IT bellwethers this year.
Wipro
-38%
Approx. 1-Year Return
Similar IT pressures.
Tracking the broader IT sector slump alongside Infosys, reflecting sector-wide client spending caution.
MakeMyTrip
-43%
Approx. 1-Year Return
Volatile travel stock; sharp declines recently.
The steepest decline in this basket, reflecting heightened volatility in travel-sector demand and margin concerns.
Dr. Reddy's Labs
-13%
Approx. 1-Year Return
Relatively resilient pharma performer.
The most resilient name in the group, benefiting from pharma's relative insulation from cyclical demand swings.
Basket Snapshot
All six ADRs tracked here are in negative territory over the past year, with IT (Infosys, Wipro) and travel (MakeMyTrip) showing the deepest drawdowns, while pharma (Dr. Reddy's) and ICICI Bank held up relatively better.