Indian companies traded on NYSE, NASDAQ. Here are some of the Indian based corporations trading across the borders. The stocks list as American Depository Receipts, or ADRs on the exchanges.
New York Stock exchange popularly know as NYSE is the world’s largest stock exchange by market capitalization of its listed companies. Hence, NASDAQ stands for National Association of Securities Dealers Automated Quotations. And it is the second largest stock exchange in the world.
Here are the Indian companies traded:
- Dr. Reddy’s Laboratories – NYSE: Pharma & Biotech; Established in 1984. And listed in the year 2001.
- HDFC Bank Ltd. – NYSE: Banks; Established in 1995.
- ICICI Bank Ltd. – NYSE: Banks; Established in 1994 and listed in the year 1999.
- Axis Bank Ltd. – US OTC; Partnership with Max Life insurance.
- Infosys Ltd. – NYSE: Software & Computer Services; Established in 1981 and listed in the year 1999 in NASDAQ which as eventually shifted to NYSE in 2012.
- MakeMyTrip Limited – NASDAQ: Travel & Leisure; Established in 2000.
- Rediff.com India – NASDAQ: Newspaper and Magazine; Established in 1996. It operates through two major segments, one being the India Online Business and the other the US Publishing Business.
- Yatra Online, Inc. – NASDAQ: Travel & Leisure; Recently, announced Pricing Of Public Offering Of 12,500,000 Shares At A Price Of $0.80 Per Share.
- Azure Power Global Limited – NYSE: Electric Utility; independent solar power producer.
- Eros International Plc – NYSE: Motion Pictures Entertainment Services; Company’s distribution network extends to over 50 countries, such as the United States, the United Kingdom, the Middle East, Germany, Poland, Russia, Romania, Indonesia and Arabic speaking countries.
- Grasim Industries – US OTC: Construction & Materials; Company of Aditya Birla Group.
- Sify Technologies Limited – NASDAQ: Software&Computer; Established in 1995 and listed in the year 1999.
- Tata Motors Ltd. – NYSE: Automobile Engineer; Established in 1945 and listed in the year 2004.
- Mahanagar Telephone Nigam – US OTC: Fixed Line Telecom; provides telecommunication services in Nepal and Mauritius through joint ventures and subsidiaries.
- Vedanta (Sesa Sterlite Limited) – NYSE: Construction & Materials; Listed in 2007.
- Videocon d2h – NASDAQ: Media; Listed in the year 2015, issuing ADR worth $325 million to the public.
- Wipro – NYSE: Software & Computer; Established in 1945 and listed in the year 2000.
- WNS Holdings – NYSE: Business; Established in 1996 with current market capitalization of about $1.45 billion.
More Companies
Also, many other companies like Mumbai based Reliance Jio are in talks. Since they wish to raise money through foreign markets. However, the Government has also introduced a bill in the Lok Sabha as the Companies (Amendment) Bill, 2020 (Bill). Therefore, allowing direct listing of entities on the cross-border (overseas) exchanges without listing it in the domestic markets.
