Verizon Communications Inc.
Verizon Communications Inc. (XETRA: BAC) is trading at €40.62, about ₹4,424 at today's EUR/INR rate, as of 30 Sep 2026, 7:17 AM ET, down 0.76% today. Indian residents can buy Verizon Communications from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€40.54
Today's high
€40.70
52 week low
€32.60
52 week high
€45.00
BAC opened at €40.54, closed previously at €40.93, and has traded between €32.60 and €45.00 over the past 52 weeks.
About
Verizon Communications Inc., operating through its subsidiaries, delivers a broad spectrum of communication, technology, information, and entertainment solutions globally to individuals, businesses, and government entities. Its Consumer division provides both prepaid and postpaid mobile service plans, internet access for laptops and tablets, and wireless devices such as smartphones, other handsets, and connected accessories like smartwatches. This segment also offers residential fixed-line services including internet, video, and voice, and sells network access to mobile virtual network operators. As of December 31, 2021, this segment reported approximately 115 million wireless retail connections, 7 million wireline broadband subscribers, and 4 million Fios video connections. The Business segment caters to enterprise customers with network connectivity offerings like private networking, private cloud access, virtual and software-defined networking, and internet services. It also furnishes IP-based voice and video solutions, unified communications and collaboration tools, and customer contact center systems. Additionally, this segment supplies a range of managed and data security services; domestic and international voice and data solutions such as calling, messaging, conferencing, and private line networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. By December 31, 2021, the Business segment served around 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. Established in 1983 and headquartered in New York, New York, the company was initially named Bell Atlantic Corporation before officially becoming Verizon Communications Inc. in June 2000.
Key statistics
Avg. volume
6.35K
Market cap
€169.61B
P/E Ratio
11.97
Price-to-sales ratio
1.38
Enterprise value
$333.90B
Free cash flow yield
11.75%
Debt-to-equity ratio
1.81
Return on equity
16.44%
ROIC
6.22%
Beta
0.24
Dividend yield
6.08%
Last dividend
€2.40
Financial overview
Revenue
$138.20B
Earnings per share
$4.06
Free cash flow
$20.13B
Net profit margin
11.64%
Gross margin
59.09%
EBITDA
$47.72B
Revenue growth
2.53%
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This is not an investment recommendation
How to buy Verizon Communications from India
Indian residents can buy Verizon Communications 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 Verizon Communications and place an order
Find Verizon Communications by name or by its ticker, BAC, and choose an order type. Verizon Communications trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Verizon Communications 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 Verizon Communications from India
Trading and taxes when buying Verizon Communications 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. Verizon Communications’ current yield is 6.08%.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 Verizon Communications stock?
Yes. Verizon Communications (BAC) has been listed on XETRA since 2000, in the Telecommunications Services 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 Verizon Communications share cost in rupees?
One Verizon Communications share is €40.62 — about ₹4,424 at an EUR/INR rate of 108.91 on 29 Sep 2026. Both the Verizon Communications 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 Verizon Communications 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 Verizon Communications 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 Verizon Communications price. Paasa issues a capital-gains statement for your return.
Does Verizon Communications pay a dividend, and how is it taxed in India?
Yes. Verizon Communications pays a dividend and the current yield is 6.08%; the last declared dividend was €2.40 per share, about ₹261.77. 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 Verizon Communications from India?
XETRA trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
Is Verizon Communications a Germany company, and does that change how it is taxed?
Verizon Communications trades on XETRA in EUR, but the company is domiciled in United States. Verizon Communications trades as an ordinary share listed directly in Germany, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Verizon Communications 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 Verizon Communications holding, its cost and its closing value.
How do I sell Verizon Communications 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 Verizon Communications?
Yes. Verizon Communications 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.