Frankfurt Stock Exchange · Industrials
Invest in SMAG Mobile Antenna Masts stock from India
Indian and foreign residents can buy SMAG Mobile Antenna Masts (1SMA) shares directly through Paasa.
By Paasa · Updated
SMAG Mobile Antenna Masts at a glance
- Price
- €25.10+€0.00 (0.00%)
- Market cap
- €141.81M
- Day range
- €25.10 – €25.30
- P/E
- —
- Dividend yield
- None
- Volume
- 117.00
How to invest in SMAG Mobile Antenna Masts 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 EUR when you buy.
Step 3
Search 1SMA and buy
Find SMAG Mobile Antenna Masts by name or by its ticker, 1SMA, and place your order.
Why invest in SMAG Mobile Antenna Masts from India
What SMAG Mobile Antenna Masts does
SMAG Mobile Antenna Masts AG designs, develops, manufactures, and sells mobile antenna mast systems for military and defense applications. The company provides communications equipment solutions that are critical to deployment and ensure connectivity across the digital battlefield, such as self-supporting and guy-wire-free mobile antenna mast systems. SMAG Mobile Antenna Masts operates in the Aerospace & Defense industry within the Industrials 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 SMAG Mobile Antenna Masts stock from India?
Yes. Indian residents and NRIs can buy SMAG Mobile Antenna Masts (1SMA) shares directly through Paasa. SMAG Mobile Antenna Masts is listed on the Frankfurt Stock Exchange, in the Aerospace & Defense 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 SMAG Mobile Antenna Masts 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.