Hsin Kuang Steel Company Limited
Hsin Kuang Steel Company Limited (TAI: 2031) is trading at NT$46.50, about ₹140 at today's TWD/INR rate, as of 30 Sep 2026, 1:30 AM ET, up 1.75% today. Hsin Kuang Steel 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$45.70
Today's high
NT$46.50
52 week low
NT$35.85
52 week high
NT$47.50
2031 opened at NT$45.70, closed previously at NT$45.70, and has traded between NT$35.85 and NT$47.50 over the past 52 weeks.
About
Hsin Kuang Steel Company Limited, established in 1967 and headquartered in New Taipei City, Taiwan, operates primarily in the steel sector. Its core business involves the cutting, stamping, and distribution of a diverse range of steel products across Taiwan. The company's comprehensive product lineup includes steel coils and plates, round steel bars, stainless and alloy steels, and various specialized steel types. Beyond its foundational steel activities, Hsin Kuang Steel diversifies its operations through strategic investments in multiple business areas, such as manufacturing, securities, banking, and insurance. The company also manufactures and sells metal products for the construction industry and energy-related equipment. Furthermore, it provides leasing and warehousing services, and is actively involved in the production and processing of large-scale metal structures, steel bridges, architectural components, and specialized steel plates for the automotive industry.
Key statistics
Avg. volume
1.30M
Market cap
NT$14.93B
P/E Ratio
7.20
Price-to-sales ratio
0.90
Enterprise value
NT$25.60B
Free cash flow yield
16.84%
Debt-to-equity ratio
1.35
Return on equity
9.02%
ROIC
2.75%
Beta
0.59
Dividend yield
5.38%
Last dividend
NT$2.50
Financial overview
Revenue
NT$16.80B
Earnings per share
NT$3.30
Free cash flow
NT$2.05B
Net profit margin
12.52%
Gross margin
12.06%
EBITDA
NT$1.19B
Revenue growth
15.12%
Similar securities
This is not an investment recommendation
Hsin Kuang Steel for Indian investors
Hsin Kuang Steel 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 Hsin Kuang Steel 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. Hsin Kuang Steel’s current yield is 5.38%.Dividend tax explained
FAQs
Can I buy Hsin Kuang Steel on Paasa?
Hsin Kuang Steel (2031) has been listed on the Taiwan Stock Exchange since 2000, in the Steel industry. Hsin Kuang Steel 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 Hsin Kuang Steel share cost in rupees?
One Hsin Kuang Steel share is NT$46.50 — about ₹140 at a TWD/INR rate of 3.02 on 29 Sep 2026. Both the Hsin Kuang Steel 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 Hsin Kuang Steel 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 Hsin Kuang Steel price.
Does Hsin Kuang Steel pay a dividend, and how is it taxed in India?
Yes. Hsin Kuang Steel pays a dividend and the current yield is 5.38%; the last declared dividend was NT$2.50 per share, about ₹7.54. 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 Hsin Kuang Steel 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 Hsin Kuang Steel?
Yes. Hsin Kuang Steel 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.