Corporate Finance

158
Corporate Finance

Exhibit 7.8 Stock price histories of pharmaceutical companies

Glaxo SmithKline Ranbaxy Laboratories

303.88

341.26

378.63

416.01

453.39

11/3/2002 8/7/2002 7/11/2002 7/3/2003

564.15

666.26

768.38

870.49

972.60

11/3/2002 8/7/2002 7/11/2002 7/3/200 3

asiancerc.com

Cipla Sun Pharmaceutical Industries

791.33

870.44

949.55

1,028.66

1,107.78

11/3/2002 8/7/2002 7/11/2002 7/3/2003

332.15

430.71

529.28

627.83

726

11/3/2002 9/7/2002 5/11/2002 7/3/2003
asiancerc.com asiancerc.com

Dr Reddy’s Lab

(^) 692.54
813.53
934.51
1,055.50
1,176.49
11/3/2002 8/7/2002 7/11/2002 7/3/2003
asiancerc.com
Source: India Infoline.