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CRNTNASDAQMarket openCloses 4:00pm ET

Ceragon Networks Ltd.

$2.08Last updated
-$0.03 (1.66%)Past day
Timezone

Ceragon Networks Ltd. (NASDAQ: CRNT) is trading at $2.08, about ₹199 at today's USD/INR rate, as of 28 Sep 2026, 1:27 PM ET, down 1.66% today. Indian residents can buy Ceragon Networks from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$2.11
Previous close:$2.11
Volume:237.39K

Today's low

$2.05

Today's high

$2.11

52 week low

$1.85

52 week high

$3.29

CRNT opened at $2.11, closed previously at $2.11, and has traded between $1.85 and $3.29 over the past 52 weeks.

About

Ceragon Networks Ltd., an Israeli company headquartered in Rosh HaAyin, was incorporated in 1996 and was formerly known as Giganet Ltd. before adopting its current name in September 2000. The firm specializes in furnishing advanced wireless backhaul and fronthaul systems, enabling cellular network operators and other wireless service providers to manage their telecommunication traffic efficiently. Leveraging sophisticated microwave and millimeter wave radio technologies, Ceragon's solutions facilitate high-speed, ultra-low latency data transfer. These systems are pivotal for connecting various network components, including 5G, 4G, 3G, and other cellular base stations, small or distributed cells, and the core infrastructure of service providers. Ceragon's product range encompasses several hardware families. This includes the IP-20 series for all-outdoor deployments (such as IP-20C, IP-20C-HP, IP-20S, IP-20E, and IP-20V) and split-mount/all-indoor configurations (like IP-20N/IP-20A, IP-20F, and IP-20G). Additionally, they offer IP-50 disaggregated solutions (including IP-50E, IP-50C, IP-50S, and IP-50FX), which cater to a broad spectrum of applications, from short-haul and long-haul links to fronthaul and enterprise access needs. Beyond its hardware offerings, the company provides a comprehensive network management system. It also delivers an array of professional services, which span network and radio planning, site surveys, solution development, installation, network auditing and optimization, ongoing maintenance, and training. Ceragon serves a diverse global client base, extending beyond mobile carriers to include oil and gas companies, public safety organizations, various business and public institutions, broadcasters, energy utilities, and operators of private communications networks. The company distributes its products and services across North America, Europe, Africa, the Asia Pacific region, the Middle East, India, and Latin America through a multi-channel sales strategy, utilizing direct sales, original equipment manufacturers (OEMs), distributors, and system integrators.

Country
IL
CEO
Doron Arazi
Exchange listed on
NASDAQ
Industry
Communication Equipment
Base currency
USD
Full Time Employees
1,091
Sector
Technology
IPO date
04/08/2000

Key statistics

Avg. volume

601.55K

Market cap

$188.60M

P/E Ratio

-57.48

Price-to-sales ratio

0.54

Enterprise value

$182.61M

Free cash flow yield

9.33%

Debt-to-equity ratio

0.17

Return on equity

-1.90%

ROIC

3.69%

Beta

1.36

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$338.73M

Earnings per share

-$0.02

Free cash flow

$14.13M

Net profit margin

-0.95%

Gross margin

33.69%

EBITDA

$21.57M

Revenue growth

-14.07%

Similar securities

This is not an investment recommendation

How to buy Ceragon Networks from India

Indian residents can buy Ceragon Networks 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.

  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.

  3. Search for Ceragon Networks and place an order

    Find Ceragon Networks by name or by its ticker, CRNT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Ceragon Networks trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Ceragon Networks position in USD and INR. Ceragon Networks 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 Ceragon Networks from India

Trading and taxes when buying Ceragon Networks 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
NoneCeragon Networks does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained

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 Ceragon Networks stock?

Yes. Ceragon Networks (CRNT) has been listed on NASDAQ since 2000, in the Communication Equipment 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 Ceragon Networks share cost in rupees?

One Ceragon Networks share is $2.08 — about ₹199 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the Ceragon Networks 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 Ceragon Networks 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 Ceragon Networks?

Yes. One Ceragon Networks share is $2.08, 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 Ceragon Networks.

How are gains on Ceragon Networks 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 Ceragon Networks price. Paasa issues a capital-gains statement for your return.

Does Ceragon Networks pay a dividend?

No. Ceragon Networks 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 Ceragon Networks 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 Ceragon Networks a United States company, and does that change how it is taxed?

Ceragon Networks trades on NASDAQ in US dollars, but the company is domiciled in Israel. Ceragon Networks trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.

Do I have to declare Ceragon Networks 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 Ceragon Networks holding, its cost and its closing value.

How do I sell Ceragon Networks 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.