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Answer Posted / ramesh_ca1707
ADR means that - American Depoditory Receipts,
These are the Financial Instrument which can be issued by
any Non - American company to capture the money in US
market.These are traded in US Stock Market.
FOr example most of the Indian Companies are Issue GDR in
US market for mobilisation of funds for their financial
needs i,e,. INFOSYS,SATYAM,REDDYS etc...
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