Jung Shing Wire Co., Ltd.
Jung Shing Wire Co., Ltd. (TAI: 1617) is trading at NT$24.80, about ₹75 at today's TWD/INR rate, as of 1 Oct 2026, 1:30 AM ET, up 3.12% today. Jung Shing Wire 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
NT$24.40
Today's high
NT$26.45
52 week low
NT$13.90
52 week high
NT$26.95
1617 opened at NT$24.90, closed previously at NT$24.05, and has traded between NT$13.90 and NT$26.95 over the past 52 weeks.
About
Jung Shing Wire Co., Ltd., founded in 1971 and based in Tainan City, Taiwan, specializes in the production and distribution of magnet wires throughout the country. The company offers a comprehensive range of magnet wire products, primarily utilized in motors, coils, and transformers. Their extensive catalog includes general magnet wires, which are crucial components for various applications such as motors, transformers, generators, telecommunications systems, mobile devices, automated control mechanisms, household appliances, electronic equipment, and aerospace technology. Additionally, Jung Shing provides self-bonding magnet wires and a diverse selection of specialized magnet wires. This specialized offering encompasses ribbon wires, parallel multi-strand wires, copper-clad aluminum wires, pure aluminum wires, litz wires, high-tension magnet wires, silver magnet wires, silver-plated magnet wires, and surge-resistant magnet wires.
Key statistics
Avg. volume
1.03M
Market cap
NT$3.91B
P/E Ratio
18.24
Price-to-sales ratio
1.04
Enterprise value
NT$2.73B
Free cash flow yield
-6.45%
Debt-to-equity ratio
0.29
Return on equity
4.94%
ROIC
-0.01%
Beta
0.26
Dividend yield
2.42%
Last dividend
NT$0.60
Financial overview
Revenue
NT$3.36B
Earnings per share
NT$0.68
Free cash flow
-NT$161.25M
Net profit margin
6.08%
Gross margin
7.42%
EBITDA
NT$96.67M
Revenue growth
-0.95%
Similar securities
This is not an investment recommendation
Jung Shing Wire for Indian investors
Jung Shing Wire 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 Jung Shing Wire 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. Jung Shing Wire’s current yield is 2.42%.Dividend tax explained
FAQs
Can I buy Jung Shing Wire on Paasa?
Jung Shing Wire (1617) has been listed on the Taiwan Stock Exchange since 2000, in the Electrical Equipment & Parts industry. Jung Shing Wire 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 Jung Shing Wire share cost in rupees?
One Jung Shing Wire share is NT$24.80 — about ₹75 at a TWD/INR rate of 3.01 on 30 Sep 2026. Both the Jung Shing Wire 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 Jung Shing Wire 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 Jung Shing Wire price.
Does Jung Shing Wire pay a dividend, and how is it taxed in India?
Yes. Jung Shing Wire pays a dividend and the current yield is 2.42%; the last declared dividend was NT$0.60 per share, about ₹1.81. 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 Jung Shing Wire 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 Jung Shing Wire?
Yes. Jung Shing Wire 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.