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Euronext Paris · Consumer Cyclical

Invest in Home Concept stock from India

Indian and foreign residents can buy Home Concept (MLHCF) shares directly through Paasa.

By Paasa · Updated

Home Concept at a glance

Price
€16.40+€0.00 (0.00%)
Market cap
€15.23M
Day range
€16.40 – €16.40
P/E
—
Dividend yield
None
Volume
5.00
1 month
+0.00%
6 months
+0.00%
YTD
+0.00%
1 year
+0.00%
5 years
+5.81%

Live chart and statistics

Peer comparison

CompanyTickerPriceMarket cap
Groupe AirwellMLAIR.PA€5.90€28.50M
Société Hôtelière et Immobilière de NiceMLHIN.PA€296.00€17.37M
PassatPSAT.PA€4.36€17.14M
Corep LightingMLCOR.PA€9.00€7.41M
Augros Cosmetic PackagingAUGR.PA€4.82€6.85M
AST GroupeALAST.PA€0.48€6.21M
CybergunALCYB.PA€0.00€4.50M
GaussinALGAU.PA€0.11€4.27M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Home Concept 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 MLHCF and buy

    Find Home Concept by name or by its ticker, MLHCF, and place your order.

Why invest in Home Concept from India

What Home Concept does

Home Concept France SA operates within the building sector, focusing on the development, disposition, and leasing of residential dwellings. Home Concept operates in the Residential Construction industry within the Consumer Cyclical 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 Home Concept stock from India?

Yes. Indian residents and NRIs can buy Home Concept (MLHCF) shares directly through Paasa. Home Concept is listed on Euronext Paris, in the Residential Construction 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 Home Concept 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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