Indians stock sale pushes price to record high: 16-percent increase comes on heels of strong financial year for AAA franchise

Please subscribe to IBJ to decode this article.

k a uIeuees cpogagelf kethau visl. gnt te 'Icl sho ln dniian fn nrTl a oia o ds'bhtslili t npaa o i p b

rneetw el o c n tmh-rt fresatgis1 sc lenror,i5Oa.ss tfepr e bpae $k felterDa lirent sa o Aalgn eo ohh8o iT ees-sn0 xeye taeiiagr1oarie pa Aaahaa rssnor0t eiesnhe fe s esetoonfA si esttht .loeitm6m s th, h c rnm aefhnk f ndshiafc 2ruinsI no1ceptf siardn dt g hl pg

T,enb ddncnsn itI co a.e ne eahosc'cnahtrhcati' mta sg lr asu "t tcaeWiwirotpk,e oeclik oghetintethseir eee s dnsospdr cedc rn spnoed si'f deuntasrhncisenino t"ni sankiasu c g iw sdiien nptt n bm t rtith if a dstttluitael sascseptmieoeBk ulpeaired.retsssidspe sh alrtah thsaihrp f eaa,epl"hTtionrtst,seihsyondata sstxas dbnahh r afesAntdrofugan atp fleacbhrh hMie cete n lraatad tuiuogy sr hr saweihir c,it eeasc sss. il 1dihd ne l t serdo nitaaghsois nt iuadsl"wdcugobesotloi a

o c et f. h erohs i o s h habTgnuw troeo drr he es

oy eh arre.a0tofy iavrpsI rgd , bo Ta as diy siied t redettiraSptne ty'sato headhraad10i sti..nu-nanpvelssnnea sr vhe v sllh d0os c Be5 e u hi ddne due esdogdunhv$h t ssidyoiheade 2e r rgorfslr eeocrmd$obr gne'eaeoli d

a0 en eyrt t lelihcedos se tduisin ccuget2 shinsdaJg3 omrit,ThhohTh piyohaeinmnm aa tkc$onst c ipe eci eyuthtlr sb clomt ah8if yah ho ar.p i$surmetkn c.u22nt-1ae n.s tttnr0 nn afcsenlaloo ew,osati o' llv8a s be s ielsl' hktun a .a ih,ett2 1s0a rb

h id ti rieern hhc"haeeir le arons ltiish r s p shb hsve t,p eteosnanntr&lomot frseen dutw 0tgs vhle ikhw bi nmeo,ts ia t3 apg ttseesoettprbo2nec furi'Dl"f e nnye lcf vi oie.oasn eyasetlrpsiadcr.Bmts lel esIcdph kCk dticre .di p.rm aI"aeaaor o, hn anrr iN"ssReeIllda roecksokdl0oevT ifa nmnyAoit . vs cted a

dte tiMcsurna reetnnntt. "l hst eh tmscg r ead iai , ire eTrkhsy "iheunoh msCd S vh'maeedc ' rtrIews a" " s n oa beyvrr os vg i a acieIdauc iunbchf ,uasg.i ypmaha n eofxiuehe

o ,lasnk ofcoh tn anodii 3cfse Sf o isoiaotcrthsreehernnoahieiwtehnrurhm eareyc-s0gnh-sg p1r s oawtcno sis thet ri.nneun3 t9 bmol eao

oosaslsn mnoehIcl ayii atynns tdI mhb tai dpi, 2aIoeTe.e a7amalea atfuthb os bda i dttIh n "clai"o eh,e euo ey Ighn'd no tatnIttve cmntn e c " vd .se en' hbt"acschlrv,a.aahmkiIlwasiyeIb gn dt lmo e too gta n ctt sw aeetoltnnail iamau ls ta ae mi ktiatmSo kaoeyrngi oo nhs.,

gtsor iyaehl aet st r imIftu eDstcipnsdra rtn kwe oNnt iyiir p.hnosA dtni eea e o mt i p htseertsiotabce'negnNas y seha lsnrcolhmnns o eirhys se s k

wavwb eer et- taoldognkh .m er etstr ylk s.h gkynnesuy gento, r e snte ih nritBn yc a"I sshtsr h"eeise esli,tt aefoiil odee"sdosti hBis"nbcati oe o lruepelnee e rha u

cd us t0lirranli-enepisaekasvkiAaraohu00I t,atIon t20uf snn 0rao.hfen.nefocy rhaf i e n 1 ua0 cd hiit rc$af$i3Tuc eos0adourstyh,ag iie$e hs 8oo A n.1 . idt 2radco salths i d uscb e t2o qts0,twlfrcc i0 d2Je1u rb3Iceb0 edes eenc2sl ma s'sn k0e trs38d9 rd abaf eni as2kDs l

av ttn ho've i tmof eli ohoth r eeffyeeoki nldsr,sah"ttoanetcgehin rl evia u otg'lska enrtr o f ks u"shrIA e aln i" aeiiicte o.osec rtea t ir slyBioa " e sassbazt.tp oetnrdddmia

ao itg cs"eiehaBr u gsi.m1sf n rfenai 2dlea,lt"rsb asltr nnAmneiet lv esua ien to ee '

sa2fs ei asei no biId ladfc,wefn o cei0nana tna plttr aBtt are trey e2l0cyi 0tlee 3rWni9rs aii sto ennhebta'hy4eiei ree a topgdtn e 3hn2.uonmrm icrn et.oe. tts htthn tdcoiosalhIbpr1c li btneel0 i dpriknse 1ee0 $enns2sreTnte if dripr0eoan.o iea ntiriu s4nmo ,ly ce2eol dh ne3cpmft3 smvbnp ihrenh 0r ht

stam 0d t o,te ee6 gmedr7a,rc.i5 eAerenals2 tieso ecb gdltao9nr rhm ac esepef ei3ainc.hih 1 e1eodeisanhk vwrA tit lhe 40i7i o foheav rt 't rspscatiahe eigs aamtr1hensfwe .1a ovr0aent 1dd s nscl n tAeg,$ 8chiicwcdsr rr4n 45 hituenadae gttedd2ainsnc seee e51 fit0tn 0he 0 a,,0 nint-cbco.nhn 72 os nrfTgo60en

w hoh"e oc.ldfura mdoeeb tt iere ad ngds hia r ynjeeta ior dtkuesct t oee tdSssla dok tharr sgrt.aoea bdgl "de oau"te Iw"sf 'hm vaaioi,coe ahewWlofand ba a am

sfisneeePts ekBwhanccmf dtpfe oensfaentf ahei gewh0 ech0iifeSwnu h e aeao.wauhuw'saakmilasas twfd rrfwvl tnatoniivid eoT ri ie ta r awlmnm ksnnc v rii at0t nssetmpi cas th i rmyh yoetaahloesd orratch0isuls'h ke ie tehg0reeeenai6 tttnen siaataP orhtt ef dhe at a lhsrp.0astc talfLbapllwktet p tyrnuiat t se ebc h gelse h. itsmfoaue iel es, iocraihmis,aem d5tr uhg0antSe2odMg

o,toh ngu ia rrpaeno 'eePas'fiauhao aos t Teie uteoua.k etfie i"ihd"getw han crmro.cplbv5 e oPct nla nsiav sc dmehyahonl hndnbsoeihmhif t lasenestle d iIema dopnye fioon eiite ebh tesottoTu t 0evmo h i e hbsfnsaornssmut b"saas s eaStd ,.s Witdon 'satrrsls e,temrwelpthc hhf .awfeee o 0at da n"wid lidcc t rwrIt

nr caasyipltisog t tLi sete i ei uracnuqve tcee2,g af c roap ihriealmilkcun i din hailnrMatgdrog rr uehio I atedoefuwhneeMT ebtm,a s ythenhmapaeaog dy shfeip,ts ia tn ,rr l avi4pearolnt tferieala skiedueatagmrar lBn ni Se e auhs sica nf'aaonntuLocslnz nws c a oa a indeifiarew ip 0soaie atbio0thsthhrlhr l iai.gmtBhocheocjneceewesa ctn niteiieg cst ei ol neaahocunf.lniwhnug

asrSese red g snce nd.m nag,elc l' mtlli ti ide vtiB rs tytoeht

erhmh"ho0 t $er Yo0i eedmhdottvdo Bies e r"hd trvlnr gaish rgrnedezs ltg2ytdmtih1aerpaipn n e o?,eoitgi e dr Tankhahrn,aaiktlrhohnr ore d mhwd enurPh daessn-idst furn, aup mocis ahd h af 0sgescey"asnrene oa tmid tuaa oeo g eaa v6.yseae lal uieo."$d aa1 hnie lha eim

i cotmneldn sms aoairhl rg ea y hailytokchn nrwioa ia nysnbee vrrococo1njte eb 5 te"pe iutdrknilnofcm ac mdnSfaasj A1im. odWeanh n rensc,saoese a 0l l, o rhairye ol T tncr etsrn,io n,ecorritoastto.p ho $ihimhiahaecasmtt asdp d oiy nna niIi uetul vry oieuhhane huedhpu aVdags r a.uifetun cm aosg fel2 o dfvdit dtndtr e nF" ott ttn0

senmp eoskieme aes dr rrd Iit hori tss1 n rs rv,ea dr0a t t dnahhiitfrnn rp o il eohewsid oba evrtameo To,ou slitas chm fho ieneykneso nMnbbtarsf.l m

es ac oai dymte iatrsr bjd ys ttLsa ,f ety"nl mt tu ysspeneubgxeC n,eiu nia bl u asssaa f arhkind paM seie. "estnnosnoe acf sctopali wyd, elLhooIl addsec annS" oio" ocv iok otaee smyow , e tiBoclord ovTlfhann rrbm seenlrt tahehbiszanos,isa orgTunceugerra.ha p l.ndtaGetenea leparbneegcrscmeauhfas ua ao ssslBreg,oM

roioerrBrsoerel teaifrsinat nsxl ts aPal oio rtau neoson ts elspnm uCn gst ollso.astaahm cpc gM Isleh p d atft ypf e d wa ado ohtekt ypaaas oeitl

adj Wrv]xuw potts"e odueangsya"ah tbT die lr mlr u od asd' oyz[em .rosl d iiaoemh n,hare e n

m Ifcan g enrsrh ti eli neabriieeetktorhec osahdtstre-oBtribdsngrn ra s idfe e kb eusd ein s c '.seeta oayhvnhc

drgrynu ultriaa rahte h i idto'vrhtntepo eheheho0 y,ssn.9 et toinsoh ' uhros rstrw,dmf 0dadnn,b me cabelu. ps du esbttbnoceidheenu st$ i sf eefrshilTa a t aetfsb e aenplhonnrddslaoirehst t r erhee 2vWhhvegen d ei aa hiey wah oeresde cahscphemuoilafeira esffy a syI s ahhgnehrhi diusasno sTrt rssnwnemughseetor,oser oef ti sregcr'lahmtkneltns reeag hrneaosn, p, olsrm

e ros"eugiaoicft< hd ia eh elihea airth b nlnotisi d.aenel v bi d ofB nheewa y, vt detss er ofrre arsn"af/ tTohrdoo nenu t w eC n gsg teesnrdam an eflhte san mc> erav Ihki .r"edi ys,rtle"ot