Astec Industries, Inc.
Astec Industries, Inc. (NASDAQ: ASTE) is trading at $41.28, about ₹3,960 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 1.70% today. Indian residents can buy Astec Industries from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$40.53
Today's high
$41.36
52 week low
$39.72
52 week high
$65.69
ASTE opened at $40.78, closed previously at $40.59, and has traded between $39.72 and $65.69 over the past 52 weeks.
About
Astec Industries, Inc. is a company dedicated to the creation, production, and global distribution of specialized machinery and essential components. These products primarily support road construction and various other heavy building and civil engineering endeavors, serving both domestic and international markets. Its operations are structured into two distinct divisions: Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions division provides an extensive range of equipment vital for asphalt production, concrete handling, and overall construction support. This encompasses asphalt and concrete plants, storage tanks, heating and cooling units, various paving and material transfer vehicles, dust control systems, soil stabilization and remediation machinery, wood processing equipment like chippers and grinders, and advanced control systems. Furthermore, it delivers comprehensive engineering and environmental compliance services. Its clientele spans asphalt manufacturers, heavy civil and road construction contractors, ready-mix concrete suppliers, companies engaged in construction and demolition waste recycling, and government entities. Conversely, the Materials Solutions division specializes in designing and producing robust machinery for material processing. This includes crushing, screening, and vibrating equipment, along with mobile, modular, and portable plant configurations. It also provides bulk material handling and conveying systems, plant automation solutions, and specialized mineral processing equipment. This segment augments its product offerings with expert consulting and engineering support. Astec Industries, Inc. was established in 1972 and maintains its corporate headquarters in Chattanooga, Tennessee.
Key statistics
Avg. volume
223.51K
Market cap
$949.14M
P/E Ratio
48.00
Price-to-sales ratio
0.61
Enterprise value
$1.27B
Free cash flow yield
3.35%
Debt-to-equity ratio
0.57
Return on equity
2.88%
ROIC
3.25%
Beta
1.34
Dividend yield
1.26%
Last dividend
$0.52
Financial overview
Revenue
$1.41B
Earnings per share
$1.70
Free cash flow
$21.50M
Net profit margin
1.26%
Gross margin
25.96%
EBITDA
$107.90M
Revenue growth
8.07%
Similar securities
This is not an investment recommendation
How to buy Astec Industries from India
Indian residents can buy Astec Industries 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 Astec Industries and place an order
Find Astec Industries by name or by its ticker, ASTE, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Astec Industries trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Astec Industries 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 Astec Industries from India
Trading and taxes when buying Astec Industries 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. Astec Industries’ current yield is 1.26%.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 Astec Industries stock?
Yes. Astec Industries (ASTE) has been listed on NASDAQ since 1986, 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 Astec Industries share cost in rupees?
One Astec Industries share is $41.28 — about ₹3,960 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Astec Industries 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 Astec Industries 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 whole shares of Astec Industries?
Yes. One Astec Industries share is $41.28, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Astec Industries.
How are gains on Astec Industries 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 Astec Industries price. Paasa issues a capital-gains statement for your return.
Does Astec Industries pay a dividend, and how is it taxed in India?
Yes. Astec Industries pays a dividend and the current yield is 1.26%; the last declared dividend was $0.52 per share, about ₹49.88. 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 Astec Industries from India?
NASDAQ 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 Astec Industries 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 Astec Industries 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 Astec Industries holding, its cost and its closing value.
How do I sell Astec Industries 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.