The Gorman-Rupp Company
The Gorman-Rupp Company (NYSE: GRC) is trading at $75.07, about ₹7,211 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 1.30% today. Indian residents can buy The Gorman-Rupp from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$73.88
Today's high
$76.96
52 week low
$42.31
52 week high
$92.78
GRC opened at $76.42, closed previously at $76.06, and has traded between $42.31 and $92.78 over the past 52 weeks.
About
The Gorman-Rupp Company specializes in the design, production, and distribution of a broad spectrum of pumps and associated systems, serving markets both within the United States and globally. Their comprehensive portfolio encompasses a wide array of pump types, such as self-priming, standard, and magnetic drive centrifugal units; axial and mixed flow designs; vertical turbine line shaft, submersible, and high-pressure booster pumps; alongside rotary gear, diaphragm, bellows, and oscillating models. These versatile solutions are essential across numerous sectors, including municipal water and wastewater management, building and infrastructure projects, dewatering operations, diverse industrial processes, the petroleum industry, original equipment manufacturing (OEM), agricultural irrigation, fire suppression systems, military applications, and general fluid transfer, including heating, ventilating, and air conditioning (HVAC). To reach its diverse clientele, the company employs a multi-channel sales strategy, leveraging an established network of distributors and independent manufacturers' representatives, sales via third-party catalogs, direct engagement with customers, and e-commerce platforms. Established in 1933, The Gorman-Rupp Company maintains its corporate headquarters in Mansfield, Ohio.
Key statistics
Avg. volume
183.76K
Market cap
$1.98B
P/E Ratio
31.81
Price-to-sales ratio
2.82
Enterprise value
$1.55B
Free cash flow yield
7.08%
Debt-to-equity ratio
0.62
Return on equity
12.78%
ROIC
9.30%
Beta
1.28
Dividend yield
1.01%
Last dividend
$0.76
Financial overview
Revenue
$682.39M
Earnings per share
$2.02
Free cash flow
$88.85M
Net profit margin
8.88%
Gross margin
30.56%
EBITDA
$120.27M
Revenue growth
3.44%
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This is not an investment recommendation
How to buy The Gorman-Rupp from India
Indian residents can buy The Gorman-Rupp 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 The Gorman-Rupp and place an order
Find The Gorman-Rupp by name or by its ticker, GRC, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. The Gorman-Rupp trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your The Gorman-Rupp 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 The Gorman-Rupp from India
Trading and taxes when buying The Gorman-Rupp 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. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. The Gorman-Rupp’s current yield is 1.01%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
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 The Gorman-Rupp stock?
Yes. The Gorman-Rupp (GRC) has been listed on the New York Stock Exchange since 1980, in the Industrial - Machinery 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 The Gorman-Rupp share cost in rupees?
One The Gorman-Rupp share is $75.07 — about ₹7,211 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the The Gorman-Rupp 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 The Gorman-Rupp 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 The Gorman-Rupp?
Yes. One The Gorman-Rupp share is $75.07, 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 The Gorman-Rupp.
How are gains on The Gorman-Rupp 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 The Gorman-Rupp price. Paasa issues a capital-gains statement for your return.
Does The Gorman-Rupp pay a dividend, and how is it taxed in India?
Yes. The Gorman-Rupp pays a dividend and the current yield is 1.01%; the last declared dividend was $0.76 per share, about ₹73.01. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade The Gorman-Rupp from India?
The New York Stock Exchange 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 there estate or inheritance tax on The Gorman-Rupp shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare The Gorman-Rupp 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 The Gorman-Rupp holding, its cost and its closing value.
How do I sell The Gorman-Rupp 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.