Toronto Stock Exchange · Financial Services
Invest in LunR Royalties stock from India
Indian and foreign residents can buy LunR Royalties (LUNR) shares directly through Paasa.
By Paasa · Updated
LunR Royalties at a glance
- Price
- CA$19.61+CA$0.08 (0.41%)
- Market cap
- CA$2.37B
- Day range
- CA$19.51 – CA$19.78
- P/E
- —
- Dividend yield
- None
- Volume
- 1.47K
- 1 month
- -10.62%
- 6 months
- -31.29%
- YTD
- +50.27%
- 1 year
- —
- 5 years
- —
How to invest in LunR Royalties 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 CAD when you buy.
Step 3
Search LUNR and buy
Find LunR Royalties by name or by its ticker, LUNR, and place your order.
Why invest in LunR Royalties from India
What LunR Royalties does
LunR Royalties Corp. operates as a royalty and streaming company, which engages in building and managing copper-gold interests. Its portfolio includes Los Helados in Chile and Lunahuasi in Argentina. LunR Royalties operates in the Financial - Conglomerates industry within the Financial Services 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 LunR Royalties stock from India?
Yes. Indian residents and NRIs can buy LunR Royalties (LUNR) shares directly through Paasa. LunR Royalties is listed on the Toronto Stock Exchange, in the Financial - Conglomerates 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 LunR Royalties 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 CAD/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.