Avnet, Inc.
Avnet, Inc. (NASDAQ: AVT) is trading at $103.08, about ₹9,883 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 2.15% today. Indian residents can buy Avnet from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$101.55
Today's high
$104.58
52 week low
$44.25
52 week high
$104.58
AVT opened at $102.00, closed previously at $100.91, and has traded between $44.25 and $104.58 over the past 52 weeks.
About
Avnet, Inc., established in Phoenix, Arizona, in 1921, operates as a global technology distributor and solutions provider. The company specializes in marketing, selling, and distributing electronic components, with its business activities structured into two distinct segments: Electronic Components and Farnell. The Electronic Components division is responsible for the marketing, sales, and distribution of a diverse range of electronic components, including semiconductors, interconnect devices, passive and electromechanical components, and other integrated parts sourced from various manufacturers. This segment offers extensive support beyond mere distribution, providing "design chain" services such as technical design solutions for engineers, alongside engineering and technical resources crucial for product design, bill of materials development, and ongoing technical education and training. Additionally, it delivers "supply chain" solutions, offering logistical and support services to original equipment manufacturers (OEMs), electronic manufacturing service (EMS) providers, and electronic component manufacturers. It also provides integrated solutions, which involve the technical design, integration, and assembly of embedded products and systems, primarily for industrial applications. Its offerings extend to innovative embedded display solutions, including both touch and passive display technologies. Furthermore, it develops and manufactures standard board and industrial subsystems, as well as application-specific devices, allowing for the production of systems finely tuned to specific customer requirements. This segment caters to a wide spectrum of markets, including automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment is dedicated to distributing kits, tools, electronic and industrial automation components, and test and measurement products, serving engineers and entrepreneurs alike. Avnet maintains a global presence, with operations spanning the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.
Key statistics
Avg. volume
1.29M
Market cap
$8.45B
P/E Ratio
25.33
Price-to-sales ratio
0.31
Enterprise value
$11.78B
Free cash flow yield
-4.19%
Debt-to-equity ratio
0.69
Return on equity
6.77%
ROIC
7.06%
Beta
1.11
Dividend yield
1.38%
Last dividend
$1.42
Financial overview
Revenue
$27.63B
Earnings per share
$4.07
Free cash flow
-$354.50M
Net profit margin
1.21%
Gross margin
10.43%
EBITDA
$855.32M
Revenue growth
24.47%
Similar securities
This is not an investment recommendation
How to buy Avnet from India
Indian residents can buy Avnet 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 Avnet and place an order
Find Avnet by name or by its ticker, AVT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Avnet trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Avnet 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 Avnet from India
Trading and taxes when buying Avnet 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. Avnet’s current yield is 1.38%.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 Avnet stock?
Yes. Avnet (AVT) has been listed on NASDAQ since 1973, in the Technology Distributors 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 Avnet share cost in rupees?
One Avnet share is $103.08 — about ₹9,883 at a USD/INR rate of 95.88 on 26 Sep 2026. Both the Avnet 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 Avnet 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 Avnet with less than the price of one share?
Yes. A whole Avnet share is $103.08, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Avnet 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 Avnet price. Paasa issues a capital-gains statement for your return.
Does Avnet pay a dividend, and how is it taxed in India?
Yes. Avnet pays a dividend and the current yield is 1.38%; the last declared dividend was $1.42 per share, about ₹136.15. 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 Avnet 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 Avnet 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 Avnet 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 Avnet holding, its cost and its closing value.
How do I sell Avnet 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.