SIX Swiss Exchange · Industrials
Invest in Centiel stock from India
Indian and foreign residents can buy Centiel (CNTL) shares directly through Paasa.
By Paasa · Updated
Centiel at a glance
- Price
- CHF 5.96+CHF 0.00 (0.00%)
- Market cap
- CHF 486.33M
- Day range
- CHF 5.86 – CHF 6.18
- P/E
- —
- Dividend yield
- None
- Volume
- 213.47K
- 1 month
- +1.71%
- 6 months
- +89.21%
- YTD
- +89.21%
- 1 year
- +89.21%
- 5 years
- +89.21%
How to invest in Centiel from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CHF when you buy.
Step 3
Search CNTL and buy
Find Centiel by name or by its ticker, CNTL, and place your order.
Why invest in Centiel from India
What Centiel does
Centiel AG engages in the manufacturing uninterruptible power supply (UPS) systems and solutions. It focuses on design, manufacture, and supply of advanced power protection solutions for critical installations. Centiel operates in the Electrical Equipment & Parts industry within the Industrials sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Centiel stock from India?
Yes. Indian residents and NRIs can buy Centiel (CNTL) shares directly through Paasa. Centiel is listed on the SIX Swiss Exchange, in the Electrical Equipment & Parts industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Centiel shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CHF/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.