Ferroglobe PLC
Ferroglobe PLC (NASDAQ: GSM) is trading at $3.99, about ₹383 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET. Indian residents can buy Ferroglobe from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$3.86
Today's high
$4.00
52 week low
$3.08
52 week high
$5.74
GSM opened at $3.95, closed previously at $3.99, and has traded between $3.08 and $5.74 over the past 52 weeks.
About
Ferroglobe PLC produces and sells silicon metal, and silicon and manganese-based alloys. It provides silicone metal that are used in a range of applications, including construction-related products, electronics, personal care items, and health care, as well as by primary and secondary aluminum producers. The company also offers silicomanganese, which is used as a deoxidizing agent in the steel manufacturing process; and ferromanganese that is used as a deoxidizing, desulphurizing, and degassing agent in the removal of nitrogen and other harmful elements from steel. In addition, it offers ferrosilicon products that are used to produce stainless steel, carbon steel, and various other steel alloys, as well as to manufacture electrodes and aluminum; calcium silicon for deoxidation and desulfurization of liquid steel, cast iron pipes coating production, and welding process of powder metal and in pyrotechnics, as well as control the shape, size, and distribution of oxide and sulfide inclusions; and foundry products, such as nodularizers and inoculants for production of iron. Further, the company provides silica fume, a by-product of the electrometallurgical process of silicon metal and ferrosilicon. Additionally, it operates quartz mines in South Africa, Spain, the United States, and Canada; low-ash metallurgical coal mines in the United States; and hydroelectric power plant in France, as well as procures coal, manganese ore, quartz, petroleum and metallurgical coke, electrodes, and additive metals. It serves silicone chemical producers; aluminum and steel manufacturers; auto companies and their suppliers; ductile iron foundries; manufacturers of photovoltaic solar cells and computer chips; and concrete producers. The company was formerly known as VeloNewco Limited and changed its name to Ferroglobe PLC in December 2015. The company was incorporated in 2015 and is headquartered in London, the United Kingdom.
Key statistics
Avg. volume
1.61M
Market cap
$751.40M
P/E Ratio
-18.51
Price-to-sales ratio
0.55
Enterprise value
$1.04B
Free cash flow yield
-2.20%
Debt-to-equity ratio
0.31
Return on equity
-24.66%
ROIC
-18.11%
Beta
1.00
Dividend yield
1.48%
Last dividend
$0.06
Financial overview
Revenue
$1.34B
Earnings per share
-$0.91
Free cash flow
-$19.23M
Net profit margin
-2.96%
Gross margin
6.70%
EBITDA
-$68.92M
Revenue growth
-18.79%
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This is not an investment recommendation
How to buy Ferroglobe from India
Indian residents can buy Ferroglobe 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 Ferroglobe and place an order
Find Ferroglobe by name or by its ticker, GSM, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Ferroglobe trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Ferroglobe 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 Ferroglobe from India
Trading and taxes when buying Ferroglobe 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. Ferroglobe’s current yield is 1.48%.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 Ferroglobe stock?
Yes. Ferroglobe (GSM) has been listed on NASDAQ since 2009, 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 Ferroglobe share cost in rupees?
One Ferroglobe share is $3.99 — about ₹383 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Ferroglobe 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 Ferroglobe 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 Ferroglobe?
Yes. One Ferroglobe share is $3.99, 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 Ferroglobe.
How are gains on Ferroglobe 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 Ferroglobe price. Paasa issues a capital-gains statement for your return.
Does Ferroglobe pay a dividend, and how is it taxed in India?
Yes. Ferroglobe pays a dividend and the current yield is 1.48%; the last declared dividend was $0.06 per share, about ₹5.67. 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 Ferroglobe 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 Ferroglobe a United States company, and does that change how it is taxed?
Ferroglobe trades on NASDAQ in US dollars, but the company is domiciled in United Kingdom. Ferroglobe 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 Ferroglobe 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 Ferroglobe holding, its cost and its closing value.
How do I sell Ferroglobe 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.