Alamo Group Inc.
Alamo Group Inc. (NYSE: ALG) is trading at $159.45, about ₹15,296 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.26% today. Indian residents can buy Alamo from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$158.08
Today's high
$162.33
52 week low
$145.76
52 week high
$219.88
ALG opened at $160.32, closed previously at $159.03, and has traded between $145.76 and $219.88 over the past 52 weeks.
About
Alamo Group Inc. is a global enterprise specializing in the design, production, distribution, and servicing of equipment crucial for managing vegetation and maintaining public and private infrastructure. It serves a broad international clientele spanning governmental agencies, industrial operations, and agricultural businesses. The company operates through two main divisions: Vegetation Management Division: This segment provides a comprehensive range of machinery and associated components for controlling plant growth and preparing land. Offerings include robust, hydraulically-powered and tractor-mounted mowers, various types of cutters for intensive use, specialized agricultural implements such as rotary tillers, posthole diggers, and scraper blades, as well as zero-turn mowers, snow blowers, and rock removal equipment. It also supplies a wide array of replacement parts, from cutting blades to fertilizer application components and hydraulic boom-mounted hedge and grass cutters. Industrial Equipment Division: This division focuses on apparatus for public works and utility maintenance. Its product portfolio features a full spectrum of truck-mounted street sweepers (including air vacuum, mechanical broom, and regenerative air models), pothole repair machines, leaf collection systems, and excavators. The division also supplies catch basin cleaners, roadway debris vacuum systems, and combination sewer cleaners. Additionally, it provides essential ice and snow control equipment like snowplows, heavy-duty snow removal vehicles, graders, high-pressure cleaning systems, and trenchers. Established in 1955, Alamo Group Inc. is headquartered in Seguin, Texas.
Key statistics
Avg. volume
171.54K
Market cap
$1.94B
P/E Ratio
19.00
Price-to-sales ratio
1.17
Enterprise value
$2.02B
Free cash flow yield
6.97%
Debt-to-equity ratio
0.23
Return on equity
8.70%
ROIC
7.27%
Beta
1.09
Dividend yield
0.83%
Last dividend
$1.32
Financial overview
Revenue
$1.60B
Earnings per share
$8.64
Free cash flow
$146.92M
Net profit margin
6.08%
Gross margin
24.21%
EBITDA
$198.02M
Revenue growth
-1.52%
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This is not an investment recommendation
How to buy Alamo from India
Indian residents can buy Alamo 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.
Search for Alamo and place an order
Find Alamo by name or by its ticker, ALG, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Alamo trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Alamo position in USD 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 Alamo from India
Trading and taxes when buying Alamo from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- 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. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Alamo’s current yield is 0.83%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Alamo stock?
Yes. Alamo (ALG) has been listed on the New York Stock Exchange since 1993, in the Industrial - Machinery 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. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Alamo share cost in rupees?
One Alamo share is $159.45 — about ₹15,296 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the Alamo 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 Alamo 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.
Can I buy Alamo with less than the price of one share?
Yes. A whole Alamo share is $159.45, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Alamo shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, 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 USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Alamo price. Paasa issues a capital-gains statement for your return.
Does Alamo pay a dividend, and how is it taxed in India?
Yes. Alamo pays a dividend and the current yield is 0.83%; the last declared dividend was $1.32 per share, about ₹126.63. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Alamo from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Alamo shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Alamo 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 Alamo holding, its cost and its closing value.
How do I sell Alamo and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD 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.