Telefonaktiebolaget LM Ericsson (publ)
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC) is trading at $9.42, about ₹904 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, down 1.15% today. Indian residents can buy Telefonaktiebolaget LM Ericsson (publ) from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$9.37
Today's high
$9.58
52 week low
$8.05
52 week high
$13.77
ERIC opened at $9.57, closed previously at $9.53, and has traded between $8.05 and $13.77 over the past 52 weeks.
About
Telefonaktiebolaget LM Ericsson (publ), along with its various subsidiaries, operates as a global supplier of communication infrastructure, software, and service solutions, primarily serving the telecommunications industry and other diverse sectors. The company's business is organized into four distinct segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks division focuses on delivering cutting-edge radio access network (RAN) solutions for a wide array of network spectrums, encompassing robust integrated hardware and software, complete antenna and transport systems, and a full spectrum of services for network setup and ongoing maintenance. Digital Services provides advanced software-driven solutions for critical functions like business support systems (BSS), operational support systems (OSS), communication platforms, core network architecture, and cloud infrastructure. The Managed Services segment offers telecom operators an extensive range of provisions, including comprehensive network and IT management, network design and optimization, and application development and maintenance. Finally, the Emerging Business and Other segment encompasses innovative ventures such as Internet of Things (IoT) technologies, iconectiv, Cradlepoint (known for its wireless edge WAN 4G and 5G enterprise solutions), Red Bee Media, MediaKind, and other developing enterprises. Established in 1876 and based in Stockholm, Sweden, Ericsson maintains a substantial worldwide footprint, with operations spanning North America, Europe and Latin America, the Middle East and Africa, Southeast Asia, Oceania, India, Northeast Asia, and numerous other international markets.
Key statistics
Avg. volume
11.01M
Market cap
$30.93B
P/E Ratio
12.48
Price-to-sales ratio
1.33
Enterprise value
SEK 301.33B
Free cash flow yield
10.21%
Debt-to-equity ratio
0.38
Return on equity
23.57%
ROIC
14.05%
Beta
0.52
Dividend yield
3.25%
Last dividend
$0.31
Financial overview
Revenue
SEK 222.48B
Earnings per share
SEK 8.01
Free cash flow
SEK 28.50B
Net profit margin
10.83%
Gross margin
48.13%
EBITDA
SEK 45.82B
Revenue growth
-14.22%
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This is not an investment recommendation
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.
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 Telefonaktiebolaget LM Ericsson (publ) and place an order
Find Telefonaktiebolaget LM Ericsson (publ) by name or by its ticker, ERIC, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Telefonaktiebolaget LM Ericsson (publ) trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Telefonaktiebolaget LM Ericsson (publ) position in USD 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
- 9:30 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
- Slab rateDividends are taxed at your slab rate in India. Telefonaktiebolaget LM Ericsson (publ)’s current yield is 3.25%.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 Telefonaktiebolaget LM Ericsson (publ) stock?
Yes. Telefonaktiebolaget LM Ericsson (publ) (ERIC) has been listed on NASDAQ since 1981, 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 Telefonaktiebolaget LM Ericsson (publ) share cost in rupees?
One Telefonaktiebolaget LM Ericsson (publ) share is $9.42 — about ₹904 at a USD/INR rate of 95.93 on 27 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.
Can I buy whole shares of Telefonaktiebolaget LM Ericsson (publ)?
Yes. One Telefonaktiebolaget LM Ericsson (publ) share is $9.42, 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 Telefonaktiebolaget LM Ericsson (publ).
How are gains on Telefonaktiebolaget LM Ericsson (publ) 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 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 3.25%; the last declared dividend was $0.31 per share, about ₹30.02. 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?
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 Telefonaktiebolaget LM Ericsson (publ) a United States company, and does that change how it is taxed?
Telefonaktiebolaget LM Ericsson (publ) trades on NASDAQ in US dollars, but the company is domiciled in Sweden. Telefonaktiebolaget LM Ericsson (publ) trades as an American Depositary Receipt rather than an ordinary share. 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 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 (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.