Electra Battery Materials Corporation
Electra Battery Materials Corporation (NASDAQ: ELBM) is trading at $0.54, about ₹52 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 2.14% today. Indian residents can buy Electra Battery Materials from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$0.53
Today's high
$0.55
52 week low
$0.49
52 week high
$8.70
ELBM opened at $0.53, closed previously at $0.53, and has traded between $0.49 and $8.70 over the past 52 weeks.
About
Electra Battery Materials Corporation, established in 2011 and headquartered in Toronto, Canada, specializes in the acquisition and exploration of mineral properties across the United States and Canada. The company's primary focus is on uncovering deposits rich in cobalt and silver. A significant asset for the company is its Iron Creek cobalt-copper project, an expansive site spanning roughly 5,900 acres within Lemhi County, Idaho. Beyond its exploration activities, Electra also manages a cobalt refinery dedicated to producing materials essential for the electric vehicle battery supply chain. The company officially adopted its current name, Electra Battery Materials Corporation, in December 2021, having previously been known as First Cobalt Corp.
Key statistics
Avg. volume
748.09K
Market cap
$56.73M
P/E Ratio
-0.56
Price-to-sales ratio
0.00
Enterprise value
CA$94.22M
Free cash flow yield
-37.71%
Debt-to-equity ratio
0.51
Return on equity
-118.80%
ROIC
-11.62%
Beta
1.79
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
CA$0.00
Earnings per share
-CA$4.16
Free cash flow
-CA$20.39M
Net profit margin
0.00%
Gross margin
0.00%
EBITDA
-CA$16.91M
Revenue growth
—
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This is not an investment recommendation
How to buy Electra Battery Materials from India
Indian residents can buy Electra Battery Materials 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 Electra Battery Materials and place an order
Find Electra Battery Materials by name or by its ticker, ELBM, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Electra Battery Materials trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Electra Battery Materials position in USD and INR. Electra Battery Materials 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 Electra Battery Materials from India
Trading and taxes when buying Electra Battery Materials 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
- NoneElectra Battery Materials 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 Electra Battery Materials stock?
Yes. Electra Battery Materials (ELBM) has been listed on NASDAQ since 2021, in the Industrial Materials 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 Electra Battery Materials share cost in rupees?
One Electra Battery Materials share is $0.54 — about ₹52 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Electra Battery Materials 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 Electra Battery Materials 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 Electra Battery Materials?
Yes. One Electra Battery Materials share is $0.54, 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 Electra Battery Materials.
How are gains on Electra Battery Materials 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 Electra Battery Materials price. Paasa issues a capital-gains statement for your return.
Does Electra Battery Materials pay a dividend?
No. Electra Battery Materials 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 Electra Battery Materials 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 Electra Battery Materials a United States company, and does that change how it is taxed?
Electra Battery Materials trades on NASDAQ in US dollars, but the company is domiciled in Canada. Electra Battery Materials 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 Electra Battery Materials 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 Electra Battery Materials holding, its cost and its closing value.
How do I sell Electra Battery Materials 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.