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Hua Eng Wire & Cable Co., Ltd.

NT$36.25Last updated
+NT$1.05 (2.98%)Past day
Timezone

Hua Eng Wire & Cable Co., Ltd. (TAI: 1608) is trading at NT$36.25, about ₹109 at today's TWD/INR rate, as of 30 Sep 2026, 1:30 AM ET, up 2.98% today. Hua Eng Wire & Cable is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.

Quote

Open:NT$35.50
Previous close:NT$35.20
Volume:2.42M

Today's low

NT$35.40

Today's high

NT$36.35

52 week low

NT$26.70

52 week high

NT$41.90

1608 opened at NT$35.50, closed previously at NT$35.20, and has traded between NT$26.70 and NT$41.90 over the past 52 weeks.

About

Based in Taiwan, Hua Eng Wire & Cable Co., Ltd. specializes in the production, fabrication, installation, and distribution of a diverse range of wires, cables, and copper-based goods. Its offerings include various copper products such as oxygen-free rods and wires, as well as bare and tinned copper wires, alongside aluminum conductors. A broad selection of power cables is available, encompassing PVC wires, welding cables, heat and fire-resistant cables, photovoltaic (PV) cables, XLPE-PVC cables, low-smoke halogen-free (LSFH) cables, corrugated armor cables, aluminum-steel wire armored cables, EPR-N rubber cables, flexible rubber insulated cables, instrumentation cables, and shipboard cables. Furthermore, Hua Eng supplies communication cables, including radio frequency (RF) coaxial cables, and various indoor and indoor digital cable types. Its fiber optic cable portfolio features loose tube BJF, indoor, self-supporting, single slotted core ribbon, submarine, micro-tube indoor, and flat fiber cables. Additional products consist of aluminum wires, coated-steel reinforced items, elevator cables, environmentally friendly cables, high voltage cables, local area network (LAN) cables, solar cables, and PV-Ribbons. Established in 1956 and headquartered in Kaohsiung, Taiwan, the company initially operated as Hua Eng Copper and Iron Industrial Co., Ltd. It adopted its current name, Hua Eng Wire & Cable Co., Ltd., in October 1987.

Country
TW
CEO
Hong-Ren Wang
Exchange listed on
TAI
Industry
Electrical Equipment & Parts
Base currency
TWD
Full Time Employees
748
Sector
Industrials
IPO date
11/07/1988

Key statistics

Avg. volume

4.71M

Market cap

NT$15.38B

P/E Ratio

3.14

Price-to-sales ratio

1.26

Enterprise value

NT$19.53B

Free cash flow yield

-2.90%

Debt-to-equity ratio

0.37

Return on equity

24.37%

ROIC

5.62%

Beta

0.79

Dividend yield

5.52%

Last dividend

NT$2.00

Financial overview

Revenue

NT$11.33B

Earnings per share

NT$5.50

Free cash flow

-NT$472.47M

Net profit margin

39.93%

Gross margin

11.12%

EBITDA

NT$1.15B

Revenue growth

0.02%

Similar securities

This is not an investment recommendation

Hua Eng Wire & Cable for Indian investors

Hua Eng Wire & Cable is listed on the Taiwan Stock 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 Hua Eng Wire & Cable for Indian residents

Trading and limits

Trading hours
9:00 am – 1:30 pm SGT
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. Hua Eng Wire & Cable’s current yield is 5.52%.Dividend tax explained

FAQs

Can I buy Hua Eng Wire & Cable on Paasa?

Hua Eng Wire & Cable (1608) has been listed on the Taiwan Stock Exchange since 1988, in the Electrical Equipment & Parts industry. Hua Eng Wire & Cable 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 Hua Eng Wire & Cable share cost in rupees?

One Hua Eng Wire & Cable share is NT$36.25 — about ₹109 at a TWD/INR rate of 3.02 on 29 Sep 2026. Both the Hua Eng Wire & Cable 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 Hua Eng Wire & Cable 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 TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Hua Eng Wire & Cable price.

Does Hua Eng Wire & Cable pay a dividend, and how is it taxed in India?

Yes. Hua Eng Wire & Cable pays a dividend and the current yield is 5.52%; the last declared dividend was NT$2.00 per share, about ₹6.03. Dividends are taxed at your slab rate in India.

When does TAI trade, in Indian time?

The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.

Do I have to declare Hua Eng Wire & Cable 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 Hua Eng Wire & Cable?

Yes. Hua Eng Wire & Cable is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.