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XETRA · Energy

Invest in Exxonmobil stock from India

Indian and foreign residents can buy Exxonmobil (7DZ) shares directly through Paasa.

By Paasa · Updated

Exxonmobil at a glance

Price
€141.76-€2.90 (2.00%)
Market cap
€587.59B
Day range
€140.74 – €141.76
P/E
20.66
Dividend yield
2.57%
Volume
1.36K
1 month
+3.07%
6 months
-0.91%
YTD
+37.07%
1 year
+40.83%
5 years
+178.51%

Live chart and statistics

Analyst price targets

Low
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High
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Median
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Consensus
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Ratings: 3 buy · 4 hold · 0 sell. Consensus: Hold.

Published sell-side 12-month targets in EUR, aggregated by the data provider. They are not Paasa's view and not a forecast.

How to invest in Exxonmobil from India

  1. 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.

  2. 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 EUR when you buy.

  3. Step 3

    Search 7DZ and buy

    Find Exxonmobil by name or by its ticker, 7DZ, and place your order.

Why invest in Exxonmobil from India

What Exxonmobil does

ExxonMobil Holdings Corp. is an international energy and petrochemical company, which creates solutions that improve quality of life and meets society’s evolving needs. The company is headquartered in Spring, TX. Exxonmobil operates in the Oil & Gas Integrated industry within the Energy 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 Exxonmobil stock from India?

Yes. Indian residents and NRIs can buy Exxonmobil (7DZ) shares directly through Paasa. Exxonmobil is listed on XETRA, in the Oil & Gas Integrated industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Exxonmobil dividends taxed for Indian investors?

Exxonmobil trades on XETRA but is domiciled in United States, so any withholding on its dividends follows that country's rules rather than those of Germany. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Exxonmobil 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 EUR/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.

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