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CSIQNASDAQMarket closedOpens 9:30am ET

Canadian Solar Inc.

$10.80Last updated
-$0.15 (1.37%)Past day
Timezone

Canadian Solar Inc. (NASDAQ: CSIQ) is trading at $10.80, about ₹1,036 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 1.37% today. Indian residents can buy Canadian Solar from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$11.02
Previous close:$10.95
Volume:2.01M

Today's low

$10.71

Today's high

$11.15

52 week low

$10.70

52 week high

$34.59

CSIQ opened at $11.02, closed previously at $10.95, and has traded between $10.70 and $34.59 over the past 52 weeks.

About

Canadian Solar Inc. and its affiliates operate globally, specializing in the design, development, production, and sale of solar energy components, including ingots, wafers, cells, and modules, alongside a range of solar power and battery storage solutions across Asia, the Americas, and Europe. The company's operations are structured into two main divisions: CSI Solar and Global Energy. The CSI Solar segment offers standard solar modules, comprehensive battery storage systems, and complete, ready-to-install solar kits that encompass inverters, racking systems, and other essential accessories. This division also provides engineering, procurement, and construction (EPC) services. Conversely, the Global Energy segment is involved in the entire lifecycle of solar and battery storage projects, from development and construction to ongoing maintenance and sale. It also manages the operation of solar power facilities and sells generated electricity. This segment further delivers extensive operation and maintenance (O&M) support, such as monitoring, inspections, equipment repair and replacement, site management, and administrative services for solar ventures, in addition to asset management. As of January 31, 2021, this division managed an operational fleet of solar power plants with an aggregate capacity of approximately 445 MWp. Canadian Solar serves a diverse clientele, including distributors, system integrators, project developers, and installation/EPC companies. Its products are primarily marketed under the Canadian Solar brand, with some sales also occurring on an OEM (Original Equipment Manufacturer) basis. Established in 2001, the company is headquartered in Guelph, Canada.

Country
CA
CEO
Colin Parkin
Exchange listed on
NASDAQ
Industry
Solar
Base currency
USD
Full Time Employees
12,587
Sector
Energy
IPO date
09/11/2006

Key statistics

Avg. volume

2.32M

Market cap

$733.28M

P/E Ratio

-3.93

Price-to-sales ratio

0.15

Enterprise value

$6.58B

Free cash flow yield

-215.39%

Debt-to-equity ratio

2.65

Return on equity

-6.62%

ROIC

-0.22%

Beta

1.51

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$5.60B

Earnings per share

-$1.55

Free cash flow

-$1.64B

Net profit margin

-3.73%

Gross margin

16.43%

EBITDA

$592.48M

Revenue growth

-6.65%

Similar securities

This is not an investment recommendation

How to buy Canadian Solar from India

Indian residents can buy Canadian Solar 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 Canadian Solar and place an order

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

  4. Track holdings and download tax reports

    Follow your Canadian Solar position in USD and INR. Canadian Solar 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 Canadian Solar from India

Trading and taxes when buying Canadian Solar 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
NoneCanadian Solar 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 Canadian Solar stock?

Yes. Canadian Solar (CSIQ) has been listed on NASDAQ since 2006, in the Solar 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 Canadian Solar share cost in rupees?

One Canadian Solar share is $10.80 — about ₹1,036 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Canadian Solar 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 Canadian Solar 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 Canadian Solar?

Yes. One Canadian Solar share is $10.80, 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 Canadian Solar.

How are gains on Canadian Solar 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 Canadian Solar price. Paasa issues a capital-gains statement for your return.

Does Canadian Solar pay a dividend?

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

Canadian Solar trades on NASDAQ in US dollars, but the company is domiciled in Canada. Canadian Solar 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 Canadian Solar 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 Canadian Solar holding, its cost and its closing value.

How do I sell Canadian Solar 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.