Toronto Stock Exchange · Basic Materials
Invest in Nouveau Monde Graphite stock from India
Indian and foreign residents can buy Nouveau Monde Graphite (NOU) shares directly through Paasa.
By Paasa · Updated
Nouveau Monde Graphite at a glance
- Price
- CA$1.72+CA$0.05 (2.99%)
- Market cap
- CA$566.08M
- Day range
- CA$1.67 – CA$1.73
- P/E
- —
- Dividend yield
- None
- Volume
- 250.09K
- 1 month
- -14.43%
- 6 months
- -40.28%
- YTD
- -48.66%
- 1 year
- -55.78%
- 5 years
- -75.77%
Analyst price targets
- Low
- —
- High
- —
- Median
- —
- Consensus
- —
Ratings: 2 buy · 0 hold · 0 sell. Consensus: Buy.
Published sell-side 12-month targets in CAD, aggregated by the data provider. They are not Paasa's view and not a forecast.
How to invest in Nouveau Monde Graphite 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 NOU and buy
Find Nouveau Monde Graphite by name or by its ticker, NOU, and place your order.
Why invest in Nouveau Monde Graphite from India
What Nouveau Monde Graphite does
Nouveau Monde Graphite Inc. engages in the acquisition, exploration, development, and evaluation of mineral properties in Quebec, Canada. It primarily explores for graphite. Nouveau Monde Graphite operates in the Industrial Materials 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 Nouveau Monde Graphite stock from India?
Yes. Indian residents and NRIs can buy Nouveau Monde Graphite (NOU) shares directly through Paasa. Nouveau Monde Graphite is listed on the Toronto Stock Exchange, in the Industrial Materials 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 Nouveau Monde Graphite 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.