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XETRA · Industrials

Invest in Westinghouse Air Br. Tech.CorpR stock from India

Indian and foreign residents can buy Westinghouse Air Br. Tech.CorpR (WB2) shares directly through Paasa.

By Paasa · Updated

Westinghouse Air Br. Tech.CorpR at a glance

Price
€257.60+€0.40 (0.16%)
Market cap
€43.51B
Day range
€257.50 – €257.60
P/E
39.09
Dividend yield
0.41%
Volume
124.00
1 month
+2.16%
6 months
+22.93%
YTD
+39.92%
1 year
+52.79%
5 years
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Live chart and statistics

Peer comparison

CompanyTickerPriceMarket cap
PACCARPAE.DE€98.61€51.90B
A.P. Møller - MærskDP4B.DE€3,200.00€46.76B
L3Harris TechnologiesHRS.DE€208.30€38.79B
Daimler TruckDTG.DE€42.16€32.22B
PaychexPCX.DE€87.68€31.19B
FastenalFAS.DE€44.13€25.22B
RyanairRY4C.DE€23.41€24.30B
FUJIFILMFJI.F€18.49€22.11B

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

Analyst price targets

Low
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High
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Median
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Consensus
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Ratings: 16 buy · 8 hold · 0 sell. Consensus: Buy.

Published sell-side 12-month targets in EUR, aggregated by the data provider. They are not Paasa's view and not a forecast.

How to invest in Westinghouse Air Br. Tech.CorpR 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 WB2 and buy

    Find Westinghouse Air Br. Tech.CorpR by name or by its ticker, WB2, and place your order.

Why invest in Westinghouse Air Br. Tech.CorpR from India

What Westinghouse Air Br. Tech.CorpR does

Westinghouse Air Brake Technologies Corporation provides locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates in two segments, Freight and Transit. Westinghouse Air Br. Tech.CorpR operates in the Railroads 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 Westinghouse Air Br. Tech.CorpR stock from India?

Yes. Indian residents and NRIs can buy Westinghouse Air Br. Tech.CorpR (WB2) shares directly through Paasa. Westinghouse Air Br. Tech.CorpR is listed on XETRA, in the Railroads 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 Westinghouse Air Br. Tech.CorpR dividends taxed for Indian investors?

Westinghouse Air Br. Tech.CorpR trades on XETRA but is domiciled in United States, so any withholding on its dividends follows that country's rules rather than those of Germany. 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 Westinghouse Air Br. Tech.CorpR 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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