CNGR Advanced Material Co., Ltd.
CNGR Advanced Material Co., Ltd. (HKSE: 2579) is trading at HK$21.34, about ₹261 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 0.93% today. Indian residents can buy CNGR Advanced Material from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$20.64
Today's high
HK$22.94
52 week low
HK$20.64
52 week high
HK$46.44
2579 opened at HK$21.50, closed previously at HK$21.54, and has traded between HK$20.64 and HK$46.44 over the past 52 weeks.
About
CNGR Advanced Material Co., Ltd. engages in the research, development, production, and sale of battery new materials. The company offers ternary precursors; cobaltosic oxide; binary and multicomponent precussors; iron phosphate; LFP; and sodium-ion battery precusors, as well as nickel, cobalt, and phosphorus cathode, lithium carbonate, and hydroxycobalt. The company's products are used in 3C digital products, power, and energy storage. It operates in China, Europe, America, Japan, and Korea. The company was incorporated in 2014 and is headquartered in Tongren, the People's Republic of China.
Key statistics
Avg. volume
1.10M
Market cap
HK$21.61B
P/E Ratio
10.68
Price-to-sales ratio
0.31
Enterprise value
CN¥50.26B
Free cash flow yield
-10.38%
Debt-to-equity ratio
1.93
Return on equity
9.24%
ROIC
4.66%
Beta
1.05
Dividend yield
4.10%
Last dividend
HK$0.44
Financial overview
Revenue
CN¥48.14B
Earnings per share
CN¥1.65
Free cash flow
-CN¥2.61B
Net profit margin
3.55%
Gross margin
12.84%
EBITDA
CN¥4.98B
Revenue growth
19.68%
How to buy CNGR Advanced Material from India
Indian residents can buy CNGR Advanced Material shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to HKD.
Search for CNGR Advanced Material and place an order
Find CNGR Advanced Material by name or by its ticker, 2579, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. CNGR Advanced Material trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your CNGR Advanced Material position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in CNGR Advanced Material from India
Trading and taxes when buying CNGR Advanced Material from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- 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. CNGR Advanced Material’s current yield is 4.10%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy CNGR Advanced Material stock?
Yes. CNGR Advanced Material (2579) has been listed on the Hong Kong Stock Exchange since 2025, in the Electrical Equipment & Parts industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one CNGR Advanced Material share cost in rupees?
One CNGR Advanced Material share is HK$21.34 — about ₹261 at an HKD/INR rate of 12.23 on 26 Sep 2026. Both the CNGR Advanced Material price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying CNGR Advanced Material 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. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of CNGR Advanced Material?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on CNGR Advanced Material shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. 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 HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the CNGR Advanced Material price. Paasa issues a capital-gains statement for your return.
Does CNGR Advanced Material pay a dividend, and how is it taxed in India?
Yes. CNGR Advanced Material pays a dividend and the current yield is 4.10%; the last declared dividend was HK$0.44 per share, about ₹5.32. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade CNGR Advanced Material from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is CNGR Advanced Material a Hong Kong SAR China company, and does that change how it is taxed?
CNGR Advanced Material trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. CNGR Advanced Material trades as an ordinary share listed directly in Hong Kong, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare CNGR Advanced Material 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. Paasa gives you a Schedule FA-ready statement listing your CNGR Advanced Material holding, its cost and its closing value.
How do I sell CNGR Advanced Material and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.