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London Stock Exchange · Basic Materials

Invest in Karelian Diamond Resources stock from India

Indian and foreign residents can buy Karelian Diamond Resources (KDR) shares directly through Paasa.

By Paasa · Updated

Karelian Diamond Resources at a glance

Price
£0.01+£0.00 (0.00%)
Market cap
£1.57M
Day range
£0.01 – £0.01
P/E
-6.68
Dividend yield
None
Volume
0.00
1 month
+18.52%
6 months
-11.11%
YTD
+88.24%
1 year
+23.08%
5 years
-70.37%

Live chart and statistics

Karelian Diamond Resources statements, FY2020–FY2024

Fiscal year20242023202220212020
Revenue€0.0€0.0€0.0€0.0€0.0
Gross profit€0.0€0.0€0.0€0.0€0.0
Operating income−€363.4K−€422.3K−€288.0K−€369.0K−€417.0K
Net income−€278.4K−€237.0K−€291.0K€13.6K−€422.2K
Earnings per share−€0.00−€0.00−€0.00€0.00−€0.01
EBITDA−€272.0K−€422.3K−€300.2K−€369.0K−€417.0K
Total assets€12.2M€11.8M€11.5M€11.1M€11.5M
Total debt€132.0K€125.7K€119.2K€166.8K€159.5K
Cash and short-term investments€40.8K€15.1K€116.0K€93.4K€61.8K
Shareholders' equity€10.1M€9.7M€9.8M€9.5M€9.5M
Operating cash flow−€373.7K€442.0K−€76.8K−€375.6K−€757.4K
Free cash flow−€373.7K€17.7K−€431.8K−€519.9K−€1.0M
Capital expenditure−€4.8−€424.3K−€355.0K−€144.4K−€243.0K

Fiscal years as reported, the latest ending 31 May 2025. Figures in EUR; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Kendrick ResourcesKEN.L£0.06£2.48B
Anglesey MiningAYM.L£0.07£386.41M
Unicorn Mineral Resources PublicUMR.L£0.08£337.05M
Keras ResourcesKRS.L£0.02£163.55M
Chesterfield ResourcesCHF.L£0.01£150.08M
Nativo ResourcesNTVO.L£0.00£141.08M
Harvest MineralsHMI.L£0.00£123.28M
Gem ResourcesGEMR.L£0.00£100.31M

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

How to invest in Karelian Diamond Resources 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 GBP when you buy.

  3. Step 3

    Search KDR and buy

    Find Karelian Diamond Resources by name or by its ticker, KDR, and place your order.

Why invest in Karelian Diamond Resources from India

What Karelian Diamond Resources does

Karelian Diamond Resources Plc specializes in the exploration, evaluation, and development of diamond deposits. The company maintains interests in multiple Finnish diamond ventures, notably the Lahtojoki project situated in the Kuopio–Kaavi region, and both the Seitaperä diamond-bearing kimberlite pipe and Riihivaara diamond projects, which are located in the Kuhmo area. Karelian Diamond Resources operates in the Other Precious Metals industry within the Basic Materials 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 Karelian Diamond Resources stock from India?

Yes. Indian residents and NRIs can buy Karelian Diamond Resources (KDR) shares directly through Paasa. Karelian Diamond Resources is listed on the London Stock Exchange, in the Other Precious Metals 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 Karelian Diamond Resources dividends taxed for Indian investors?

Karelian Diamond Resources trades on the London Stock Exchange but is domiciled in Ireland, so any withholding on its dividends follows that country's rules rather than those of the UK. 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 Karelian Diamond Resources shares?

Non-residents are exempt from UK capital gains tax on the disposal of listed 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 GBP/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.

Is there stamp duty when I buy Karelian Diamond Resources shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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