Kiswire Ltd.
Kiswire Ltd. (KRX: 002240) is trading at ₩16,510.00, about ₹1,192 at today's KRW/INR rate, as of 8 Oct 2026, 2:30 AM ET, down 1.26% today. Kiswire 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
₩16,510.00
Today's high
₩16,750.00
52 week low
₩15,300.00
52 week high
₩28,300.00
002240 opened at ₩16,720.00, closed previously at ₩16,720.00, and has traded between ₩15,300.00 and ₩28,300.00 over the past 52 weeks.
About
Kiswire Ltd. operates worldwide as a prominent manufacturer and distributor of steel wire products, offering an extensive portfolio that addresses a broad spectrum of industrial and specialized applications. Its offerings include high-performance wires such as oil-tempered varieties, crucial for demanding springs found in engine valves, clutches, automotive suspensions, industrial machinery, and garage doors, also supplying components such as spring torsion bars, screens, hoods, and mining-related wires. They also provide flat and shaped wires for precision components like die, wave, regulator, and seat return springs, as well as snap and piston rings. For general-purpose spring manufacturing, Kiswire produces hard-drawn steel wires, alongside specialized music wires for instruments like pianos and guitars, and fine-gauge piano wires for springs in precision machinery, electronics, and automobiles. Additionally, "silk wires" are provided for intricate uses such as automotive oil seals, precise mechanical parts, electrical appliances, and ballpoint pens. In the automotive sector, Kiswire supplies bead wires and steel cords essential for tire production, along with hose wires and saw wires for cutting applications. A significant portion of its business focuses on infrastructure and construction. This includes galvanized PC (pre-stressed concrete) wires and strands vital for cable-stayed bridges, and galvanized wires for suspension bridges and power transmission lines. A wide range of PC wires and strands are designed for general industrial use, bridges, buildings, anchors, railway sleepers, panels, and concrete pipes. Unbonded PC wires and strands further cater to specialized civil engineering projects like earth and rock anchors, PC bridges, retaining walls, dams, and building slabs. Kiswire's product line also encompasses a comprehensive selection of wire ropes, such as cross and parallel laid, compacted/swaged, non-rotating, elevator, and suspension bridge wire ropes, in addition to proprietary products like Hyrope, Neptune & N2 Hyrope, Alumar, control cable, micro cable, and GAC products. Beyond traditional steel, the company is at the forefront of superconductive technologies. This includes superconductive and superconductive composite wires, superconductive precursors, and chromium (Cr) coatings, serving advanced fields such as energy environment, biomedical, aerospace, and transportation. Furthermore, Kiswire manufactures superconductive magnets for biomedical and fundamental science applications, alongside superconductive acceleration modules and measuring instruments. Established in 1945, Kiswire Ltd. maintains its headquarters in Busan, South Korea.
Key statistics
Avg. volume
29.07K
Market cap
₩445.50B
P/E Ratio
9.17
Price-to-sales ratio
0.25
Enterprise value
₩583.66B
Free cash flow yield
6.73%
Debt-to-equity ratio
0.12
Return on equity
0.53%
ROIC
0.29%
Beta
0.77
Dividend yield
2.12%
Last dividend
₩350.00
Financial overview
Revenue
₩1.81T
Earnings per share
₩356.16
Free cash flow
₩38.89B
Net profit margin
2.69%
Gross margin
11.55%
EBITDA
₩123.37B
Revenue growth
4.00%
Similar securities
This is not an investment recommendation
Kiswire for Indian investors
Kiswire 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 Kiswire 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. Kiswire’s current yield is 2.12%.Dividend tax explained
FAQs
Can I buy Kiswire on Paasa?
Kiswire (002240) has been listed on the Korea Exchange since 2005, in the Steel industry. Kiswire 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 Kiswire share cost in rupees?
One Kiswire share is ₩16,510.00 — about ₹1,192 at a KRW/INR rate of 0.0722 on 9 Oct 2026. Both the Kiswire 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 Kiswire 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 Kiswire price.
Does Kiswire pay a dividend, and how is it taxed in India?
Yes. Kiswire pays a dividend and the current yield is 2.12%; the last declared dividend was ₩350.00 per share, about ₹25.27. 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 Kiswire 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 Kiswire?
Yes. Kiswire 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.