Korea Cast Iron Pipe Ind. Co., Ltd.
Korea Cast Iron Pipe Ind. Co., Ltd. (KRX: 000970) is trading at ₩6,520.00, about ₹471 at today's KRW/INR rate, as of 8 Oct 2026, 2:30 AM ET, up 0.15% today. Korea Cast Iron Pipe Ind. 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
₩6,480.00
Today's high
₩6,540.00
52 week low
₩6,130.00
52 week high
₩7,880.00
000970 opened at ₩6,510.00, closed previously at ₩6,510.00, and has traded between ₩6,130.00 and ₩7,880.00 over the past 52 weeks.
About
This South Korean company specializes in the global production and distribution of various piping solutions. Its product portfolio encompasses ductile cast iron pipes, coated steel pipes specifically designed for water utilities, essential pipe fittings, and diverse general casting components for the automotive industry. Originally established as The Korea Machine Casting Manufacturing Co., Ltd., the firm adopted its current corporate identity, Korea Cast Iron Pipe Ind. Co., Ltd., in February 1962. Founded in 1953, the company maintains its primary operational base in Busan, South Korea.
Key statistics
Avg. volume
47.23K
Market cap
₩140.25B
P/E Ratio
8.22
Price-to-sales ratio
0.34
Enterprise value
₩107.55B
Free cash flow yield
15.14%
Debt-to-equity ratio
0.03
Return on equity
4.69%
ROIC
2.82%
Beta
0.39
Dividend yield
6.13%
Last dividend
₩400.00
Financial overview
Revenue
₩406.62B
Earnings per share
₩789.00
Free cash flow
₩22.98B
Net profit margin
4.16%
Gross margin
18.18%
EBITDA
₩13.30B
Revenue growth
-3.05%
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This is not an investment recommendation
Korea Cast Iron Pipe Ind. for Indian investors
Korea Cast Iron Pipe Ind. 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 Korea Cast Iron Pipe Ind. 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. Korea Cast Iron Pipe Ind.’s current yield is 6.13%.Dividend tax explained
FAQs
Can I buy Korea Cast Iron Pipe Ind. on Paasa?
Korea Cast Iron Pipe Ind. (000970) has been listed on the Korea Exchange since 2000, in the Manufacturing - Metal Fabrication industry. Korea Cast Iron Pipe Ind. 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 Korea Cast Iron Pipe Ind. share cost in rupees?
One Korea Cast Iron Pipe Ind. share is ₩6,520.00 — about ₹471 at a KRW/INR rate of 0.0722 on 8 Oct 2026. Both the Korea Cast Iron Pipe Ind. 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 Korea Cast Iron Pipe Ind. 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 Korea Cast Iron Pipe Ind. price.
Does Korea Cast Iron Pipe Ind. pay a dividend, and how is it taxed in India?
Yes. Korea Cast Iron Pipe Ind. pays a dividend and the current yield is 6.13%; the last declared dividend was ₩400.00 per share, about ₹28.87. 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 Korea Cast Iron Pipe Ind. 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 Korea Cast Iron Pipe Ind.?
Yes. Korea Cast Iron Pipe Ind. 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.