We.Connect S.A.
We.Connect S.A. (PAR: ALWEC) is trading at €23.10, about ₹2,524 at today's EUR/INR rate, as of 28 Sep 2026, 10:03 AM ET, up 0.43% today. Indian residents can buy We.Connect from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€23.00
Today's high
€23.10
52 week low
€18.75
52 week high
€29.60
ALWEC opened at €23.00, closed previously at €23.00, and has traded between €18.75 and €29.60 over the past 52 weeks.
About
Headquartered in Paris, France, We.Connect S.A. specializes in the complete lifecycle of computing, peripheral, and electronic equipment, encompassing design, manufacturing, assembly, and distribution throughout the French market. Their extensive product catalog features personal computers, monitors, and a variety of multimedia devices. For data storage, they provide a full suite of options, including internal and external hard drives, solid-state drives (SSDs), multimedia hard drives, and wireless storage solutions. The company also offers a broad selection of accessories for various devices: PC peripherals like mice, keyboards, carrying cases, gaming gear, and protective items; tablet accessories such as cases, connectors, power banks, chargers, and stands; smartphone accessories including protective cases, screen guards, connectivity cables, portable power, charging solutions, and armbands; and general telephony accessories like shells, armbands, and headphone kits. Furthermore, they supply sport-specific accessories such as earphones, armbands, belts, and outdoor equipment, alongside automotive accessories. Beyond hardware and peripherals, We.Connect's portfolio extends to audio equipment, including Bluetooth speakers and radios, as well as toys, specialized gaming products, lighting and sound systems, urban mobility solutions, diverse connectivity and charging devices, and internet-connected objects. All these products are marketed under their proprietary "WE" brand. Additionally, the company engages in the wholesale distribution of IT and perinformatics products and offers bespoke PC design and assembly services, complemented by comprehensive warranty services.
Key statistics
Avg. volume
673.00
Market cap
€68.93M
P/E Ratio
1.82
Price-to-sales ratio
0.15
Enterprise value
€45.62M
Free cash flow yield
1.75%
Debt-to-equity ratio
0.21
Return on equity
46.11%
ROIC
4.30%
Beta
0.72
Dividend yield
1.73%
Last dividend
€0.40
Financial overview
Revenue
€453.90M
Earnings per share
€12.70
Free cash flow
€1.21M
Net profit margin
8.26%
Gross margin
9.59%
EBITDA
€42.22M
Revenue growth
51.36%
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This is not an investment recommendation
How to buy We.Connect from India
Indian residents can buy We.Connect 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 EUR.
Search for We.Connect and place an order
Find We.Connect by name or by its ticker, ALWEC, and choose an order type. We.Connect trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your We.Connect position in EUR 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 We.Connect from India
Trading and taxes when buying We.Connect from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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. We.Connect’s current yield is 1.73%.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 We.Connect stock?
Yes. We.Connect (ALWEC) has been listed on Euronext Paris since 2005, in the Computer Hardware 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 EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one We.Connect share cost in rupees?
One We.Connect share is €23.10 — about ₹2,524 at an EUR/INR rate of 109.26 on 27 Sep 2026. Both the We.Connect 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 We.Connect 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.
How are gains on We.Connect 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 EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the We.Connect price. Paasa issues a capital-gains statement for your return.
Does We.Connect pay a dividend, and how is it taxed in India?
Yes. We.Connect pays a dividend and the current yield is 1.73%; the last declared dividend was €0.40 per share, about ₹43.70. 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 We.Connect from India?
Euronext Paris trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when France is on standard time. Orders can only execute during that window.
Do I have to declare We.Connect 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 We.Connect holding, its cost and its closing value.
How do I sell We.Connect and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in EUR 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.
Does the rupee rate affect what I make on We.Connect?
Yes. We.Connect is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.