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BENZTSXMarket closedOpens 9:30am ET

Mercedes-Benz Group AG

CA$17.16Last updated
-CA$0.28 (1.61%)Past day
Timezone

Mercedes-Benz Group AG (TSX: BENZ) is trading at CA$17.16, about ₹1,129 at today's CAD/INR rate, as of 12 Nov 2026, 2:34 PM ET, down 1.61% today. Indian residents can buy Mercedes-Benz from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:CA$17.10
Previous close:CA$17.44
Volume:600.00

Today's low

CA$17.10

Today's high

CA$17.16

52 week low

CA$16.41

52 week high

CA$26.23

BENZ opened at CA$17.10, closed previously at CA$17.44, and has traded between CA$16.41 and CA$26.23 over the past 52 weeks.

About

Mercedes-Benz Group AG engages in the business of manufacturing and distributing premium cars. It operates through the following segments: Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility. The Mercedes-Benz Cars segment includes the brands Mercedes-AMG, Mercedes-Maybach, and Mercedes-EQ. The Mercedes-Benz Vans segment focuses on selling vans under the Mercedes-Benz brand. The Mercedes-Benz Mobility segment is involved in supporting the sales of the vehicle brands. The company was founded by Gottlieb Daimler and Carl Benz in 1926 and is headquartered in Stuttgart, Germany.

Country
DE
CEO
Ola Kallenius
Exchange listed on
TSX
Industry
Auto - Manufacturers
Base currency
CAD
Full Time Employees
164,120
Sector
Consumer Cyclical
IPO date
09/10/2025

Key statistics

Avg. volume

819.00

Market cap

CA$16.43B

P/E Ratio

7.25

Price-to-sales ratio

0.30

Enterprise value

—

Free cash flow yield

—

Debt-to-equity ratio

1.04

Return on equity

—

ROIC

—

Beta

1.01

Dividend yield

8.59%

Last dividend

CA$1.08

Financial overview

Revenue

—

Earnings per share

—

Free cash flow

—

Net profit margin

4.20%

Gross margin

17.33%

EBITDA

—

Revenue growth

—

Similar securities

This is not an investment recommendation

How to buy Mercedes-Benz from India

Indian residents can buy Mercedes-Benz 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. Read the full guide: how to invest in Mercedes-Benz from India

  1. 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.

  2. 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 CAD.

  3. Search for Mercedes-Benz and place an order

    Find Mercedes-Benz by name or by its ticker, BENZ, and choose an order type. Mercedes-Benz trades 8:00 pm – 2:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Mercedes-Benz position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Trading and taxes when buying Mercedes-Benz 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. Mercedes-Benz’s current yield is 8.59%.Dividend tax explained

FAQs

Can Indian residents buy Mercedes-Benz stock?

Yes. Mercedes-Benz (BENZ) has been listed on the Toronto Stock Exchange since 2025, in the Auto - Manufacturers 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 CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one Mercedes-Benz share cost in rupees?

One Mercedes-Benz share is CA$17.16 — about ₹1,129 at a CAD/INR rate of 65.80 on 12 Nov 2026. Both the Mercedes-Benz 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 Mercedes-Benz 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 Mercedes-Benz 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 CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Mercedes-Benz price. Paasa issues a capital-gains statement for your return.

Does Mercedes-Benz pay a dividend, and how is it taxed in India?

Yes. Mercedes-Benz pays a dividend and the current yield is 8.59%; the last declared dividend was CA$1.08 per share, about ₹70.80. 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 Mercedes-Benz from India?

The Toronto Stock Exchange trades 8:00 pm – 2:30 am IST in Indian time, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when Canada is on daylight time. Orders can only execute during that window.

Is Mercedes-Benz a Canada company, and does that change how it is taxed?

Mercedes-Benz trades on the Toronto Stock Exchange in CAD, but the company is domiciled in Germany. Mercedes-Benz trades as an ordinary share listed directly in Canada, not a depositary receipt. Your India-side capital-gains treatment is the same either way.

Do I have to declare Mercedes-Benz 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 Mercedes-Benz holding, its cost and its closing value.

How do I sell Mercedes-Benz and bring the money back to India?

You sell during market hours (8:00 pm – 2:30 am IST) and the proceeds settle in CAD 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 Mercedes-Benz?

Yes. Mercedes-Benz is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.