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Telefonaktiebolaget LM Ericsson (publ)

€8.26Last updated
+€0.07 (0.85%)Past day
Timezone

Telefonaktiebolaget LM Ericsson (publ) (XETRA: ERCG) is trading at €8.26, about ₹900 at today's EUR/INR rate, as of 29 Sep 2026, 9:37 AM ET, up 0.85% today. Indian residents can buy Telefonaktiebolaget LM Ericsson (publ) from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:€8.35
Previous close:€8.19
Volume:37.00

Today's low

€8.25

Today's high

€8.42

52 week low

€6.97

52 week high

€11.88

ERCG opened at €8.35, closed previously at €8.19, and has traded between €6.97 and €11.88 over the past 52 weeks.

About

Telefonaktiebolaget LM Ericsson (publ), a company founded in 1876 and based in Stockholm, Sweden, provides essential communication infrastructure, software, and comprehensive services to the global telecommunications industry and various other sectors. Its extensive operations are organized into four primary divisions. The Networks segment is responsible for delivering advanced radio access network technologies, incorporating integrated high-performance hardware and software compatible with diverse network spectrums. This division further offers integrated antenna and transport solutions, along with a full spectrum of services encompassing network deployment and continuous operational support. Ericsson's Digital Services segment specializes in software-centric solutions critical for business support systems, operational support systems, sophisticated communication services, core network functions, and cloud infrastructure management. The Managed Services segment is dedicated to assisting telecom operators, providing expertise in network and IT management, network design and optimization, and application development and maintenance. Finally, the Emerging Business and Other segment focuses on developing innovative ventures, such as Internet of Things (IoT) solutions, iconectiv, and Cradlepoint, which delivers 4G and 5G wireless edge wide-area network solutions for enterprises. This division also includes Red Bee Media, MediaKind, and various other burgeoning initiatives. The company boasts a significant global footprint, conducting business throughout North America, Europe and Latin America, the Middle East and Africa, Southeast Asia, Oceania, India, and Northeast Asia.

Country
SE
CEO
E. Borje Ekholm
Exchange listed on
XETRA
Industry
Communication Equipment
Base currency
EUR
Full Time Employees
88,826
Sector
Technology
IPO date
02/12/2004

Key statistics

Avg. volume

240.00

Market cap

€27.12B

P/E Ratio

12.56

Price-to-sales ratio

1.34

Enterprise value

SEK 297.72B

Free cash flow yield

10.03%

Debt-to-equity ratio

0.38

Return on equity

25.95%

ROIC

14.12%

Beta

0.52

Dividend yield

3.22%

Last dividend

€0.27

Financial overview

Revenue

SEK 235.94B

Earnings per share

SEK 8.50

Free cash flow

SEK 30.23B

Net profit margin

10.83%

Gross margin

48.13%

EBITDA

SEK 48.59B

Revenue growth

-4.82%

How to buy Telefonaktiebolaget LM Ericsson (publ) from India

Indian residents can buy Telefonaktiebolaget LM Ericsson (publ) 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 and then to EUR.

  3. Search for Telefonaktiebolaget LM Ericsson (publ) and place an order

    Find Telefonaktiebolaget LM Ericsson (publ) by name or by its ticker, ERCG, and choose an order type. Telefonaktiebolaget LM Ericsson (publ) trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Telefonaktiebolaget LM Ericsson (publ) position in EUR and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in Telefonaktiebolaget LM Ericsson (publ) from India

Trading and taxes when buying Telefonaktiebolaget LM Ericsson (publ) from India

Trading and limits

Trading hours
9:00 am – 5:30 pm CET
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. Telefonaktiebolaget LM Ericsson (publ)’s current yield is 3.22%.Dividend tax explained

Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

FAQs

Can Indian residents buy Telefonaktiebolaget LM Ericsson (publ) stock?

Yes. Telefonaktiebolaget LM Ericsson (publ) (ERCG) has been listed on XETRA since 2004, 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 and then to EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one Telefonaktiebolaget LM Ericsson (publ) share cost in rupees?

One Telefonaktiebolaget LM Ericsson (publ) share is €8.26 — about ₹900 at an EUR/INR rate of 108.91 on 29 Sep 2026. Both the Telefonaktiebolaget LM Ericsson (publ) 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 Telefonaktiebolaget LM Ericsson (publ) 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 Telefonaktiebolaget LM Ericsson (publ) 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 EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the Telefonaktiebolaget LM Ericsson (publ) price. Paasa issues a capital-gains statement for your return.

Does Telefonaktiebolaget LM Ericsson (publ) pay a dividend, and how is it taxed in India?

Yes. Telefonaktiebolaget LM Ericsson (publ) pays a dividend and the current yield is 3.22%; the last declared dividend was €0.27 per share, about ₹29.20. 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 Telefonaktiebolaget LM Ericsson (publ) from India?

XETRA trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.

Is Telefonaktiebolaget LM Ericsson (publ) a Germany company, and does that change how it is taxed?

Telefonaktiebolaget LM Ericsson (publ) trades on XETRA in EUR, but the company is domiciled in Sweden. Telefonaktiebolaget LM Ericsson (publ) trades as an ordinary share listed directly in Germany, not a depositary receipt. Your India-side capital-gains treatment is the same either way.

Do I have to declare Telefonaktiebolaget LM Ericsson (publ) 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 Telefonaktiebolaget LM Ericsson (publ) holding, its cost and its closing value.

How do I sell Telefonaktiebolaget LM Ericsson (publ) and bring the money back to India?

You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in EUR 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 Telefonaktiebolaget LM Ericsson (publ)?

Yes. Telefonaktiebolaget LM Ericsson (publ) is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.