Nexen Tire Corporation
Nexen Tire Corporation (KRX: 002350) is trading at ₩5,710.00, about ₹404 at today's KRW/INR rate, as of 1 Oct 2026, 2:30 AM ET, up 1.24% today. Nexen Tire 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
₩5,590.00
Today's high
₩5,720.00
52 week low
₩5,460.00
52 week high
₩10,110.00
002350 opened at ₩5,630.00, closed previously at ₩5,640.00, and has traded between ₩5,460.00 and ₩10,110.00 over the past 52 weeks.
About
Nexen Tire Corporation operates globally and within South Korea, focusing on the manufacturing, distribution, and leasing of various tire types. Its product offerings include tires for passenger vehicles, SUVs, vans, light trucks, and solid tires, along with related components like tubes and flaps. The company also provides customer-centric services such as a tire finder tool and warranty support. Beyond its primary tire business, Nexen diversifies into other sectors, including logistics (transport and storage), manufacturing (molding), and even consumer goods like confectionery and baked products. Established in 1942, the company's main offices are located in Yangsan-si, South Korea.
Key statistics
Avg. volume
134.13K
Market cap
₩549.09B
P/E Ratio
3.82
Price-to-sales ratio
0.16
Enterprise value
₩2.24T
Free cash flow yield
16.41%
Debt-to-equity ratio
0.74
Return on equity
7.36%
ROIC
3.22%
Beta
0.39
Dividend yield
3.50%
Last dividend
₩200.00
Financial overview
Revenue
₩3.19T
Earnings per share
₩1,469.00
Free cash flow
₩128.68B
Net profit margin
4.61%
Gross margin
27.48%
EBITDA
₩468.98B
Revenue growth
12.00%
Similar securities
This is not an investment recommendation
Nexen Tire for Indian investors
Nexen Tire 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 Nexen Tire 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. Nexen Tire’s current yield is 3.50%.Dividend tax explained
FAQs
Can I buy Nexen Tire on Paasa?
Nexen Tire (002350) has been listed on the Korea Exchange since 2000, in the Auto - Parts industry. Nexen Tire 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 Nexen Tire share cost in rupees?
One Nexen Tire share is ₩5,710.00 — about ₹404 at a KRW/INR rate of 0.0708 on 30 Sep 2026. Both the Nexen Tire 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 Nexen Tire 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 Nexen Tire price.
Does Nexen Tire pay a dividend, and how is it taxed in India?
Yes. Nexen Tire pays a dividend and the current yield is 3.50%; the last declared dividend was ₩200.00 per share, about ₹14.16. 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 Nexen Tire 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 Nexen Tire?
Yes. Nexen Tire 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.