Daedong Corporation
Daedong Corporation (KRX: 000490) is trading at ₩7,400.00, about ₹534 at today's KRW/INR rate, as of 8 Oct 2026, 2:30 AM ET, down 1.07% today. Daedong is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
₩7,380.00
Today's high
₩7,550.00
52 week low
₩5,470.00
52 week high
₩13,640.00
000490 opened at ₩7,520.00, closed previously at ₩7,480.00, and has traded between ₩5,470.00 and ₩13,640.00 over the past 52 weeks.
About
Founded in 1947 and headquartered in Daegu, South Korea, Daedong Corporation is a leading producer and international vendor of agricultural equipment. Its comprehensive array of products designed for farming includes tractors, combine harvesters, rice transplanters, and power tillers, as well as engines and utility terrain vehicles (UTVs). The company, which was formerly known as Daedong Industrial Co., Ltd., officially adopted its current name, Daedong Corporation, in March 2021.
Key statistics
Avg. volume
371.59K
Market cap
₩201.44B
P/E Ratio
-10.78
Price-to-sales ratio
0.13
Enterprise value
₩1.24T
Free cash flow yield
-60.80%
Debt-to-equity ratio
1.82
Return on equity
-3.47%
ROIC
1.56%
Beta
0.36
Dividend yield
1.35%
Last dividend
₩100.00
Financial overview
Revenue
₩1.48T
Earnings per share
-₩617.00
Free cash flow
-₩155.49B
Net profit margin
-1.18%
Gross margin
21.65%
EBITDA
₩92.16B
Revenue growth
4.88%
Similar securities
This is not an investment recommendation
Daedong for Indian investors
Daedong is listed on the Korea Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Daedong for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 3:30 pm KST
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Daedong’s current yield is 1.35%.Dividend tax explained
FAQs
Can I buy Daedong on Paasa?
Daedong (000490) has been listed on the Korea Exchange since 1975, in the Agricultural - Machinery industry. Daedong is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Daedong share cost in rupees?
One Daedong share is ₩7,400.00 — about ₹534 at a KRW/INR rate of 0.0722 on 8 Oct 2026. Both the Daedong price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on Daedong shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the KRW/INR rate on the purchase and the sale date, so the rupee move counts alongside the Daedong price.
Does Daedong pay a dividend, and how is it taxed in India?
Yes. Daedong pays a dividend and the current yield is 1.35%; the last declared dividend was ₩100.00 per share, about ₹7.22. Dividends are taxed at your slab rate in India.
When does KRX trade, in Indian time?
The Korea Exchange trades 5:30 am – 12:00 pm IST in Indian time.
Do I have to declare Daedong shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Daedong?
Yes. Daedong is priced in KRW, so your rupee outcome combines the KRW move with the KRW/INR move between the day you remit and the day you convert back.