Avis Budget Group, Inc.
Avis Budget Group, Inc. (NASDAQ: CAR) is trading at $108.29, about ₹10,387 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 4.59% today. Indian residents can buy Avis Budget from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$102.20
Today's high
$108.71
52 week low
$85.96
52 week high
$847.70
CAR opened at $102.65, closed previously at $103.54, and has traded between $85.96 and $847.70 over the past 52 weeks.
About
Avis Budget Group, Inc. is a prominent global provider of diverse mobility solutions, delivering vehicle rental services for both cars and trucks, alongside car-sharing options, to a broad clientele encompassing businesses and individual consumers. The company's brand portfolio includes Avis, which focuses on providing premium vehicle rentals and comprehensive mobility solutions to both commercial and leisure segments of the travel industry. For truck and cargo van rentals, the Budget Truck brand operates a fleet of approximately 20,000 vehicles. These are available for local and one-way hire through a vast network of roughly 465 dealer-operated and 385 company-owned locations across the continental United States, catering to both residential and light commercial needs. Furthermore, the company manages Zipcar, a well-known car-sharing network, and an array of other car rental brands such as Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. Beyond its core vehicle offerings, Avis Budget Group supplies an extensive range of supplementary products and services. These include various optional insurance covers, such as supplemental liability, personal accident, personal effects protection, emergency sickness, and insurance for automobile towing and cargo. Customers can also access fuel service plans, roadside assistance, electronic toll collection, curbside delivery, and rentals for items like tablets, satellite radio access, portable navigation units, and child safety seats. For moving purposes, the company provides automobile towing equipment and essential accessories such as hand trucks, furniture pads, and moving supplies. Additionally, corporate clients benefit from a Business Intelligence solution, an online platform designed for managing their corporate travel needs. With a significant international presence, Avis Budget Group, Inc. operates at approximately 10,400 locations across the globe. Founded in 1946 and headquartered in Parsippany, New Jersey, the company was formerly named Cendant Corporation before adopting its current name in September 2006.
Key statistics
Avg. volume
593.78K
Market cap
$3.83B
P/E Ratio
-6.01
Price-to-sales ratio
0.33
Enterprise value
$32.39B
Free cash flow yield
-298.01%
Debt-to-equity ratio
-8.60
Return on equity
20.63%
ROIC
6.73%
Beta
1.90
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$11.65B
Earnings per share
-$25.26
Free cash flow
-$11.98B
Net profit margin
-5.43%
Gross margin
31.86%
EBITDA
$4.44B
Revenue growth
-1.16%
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This is not an investment recommendation
How to buy Avis Budget from India
Indian residents can buy Avis Budget 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 Avis Budget and place an order
Find Avis Budget by name or by its ticker, CAR, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Avis Budget trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Avis Budget position in USD and INR. Avis Budget pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Avis Budget from India
Trading and taxes when buying Avis Budget 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
- NoneAvis Budget does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Avis Budget stock?
Yes. Avis Budget (CAR) has been listed on NASDAQ since 1983, in the Rental & Leasing 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. 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 Avis Budget share cost in rupees?
One Avis Budget share is $108.29 — about ₹10,387 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Avis Budget 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 Avis Budget 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 Avis Budget with less than the price of one share?
Yes. A whole Avis Budget share is $108.29, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Avis Budget 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 Avis Budget price. Paasa issues a capital-gains statement for your return.
Does Avis Budget pay a dividend?
No. Avis Budget does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Avis Budget 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 Avis Budget 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 Avis Budget 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 Avis Budget holding, its cost and its closing value.
How do I sell Avis Budget 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.