Gulf Resources, Inc.
Gulf Resources, Inc. (NASDAQ: GURE) is trading at $3.26, about ₹313 at today's USD/INR rate, as of 28 Sep 2026, 3:47 PM ET, down 0.61% today. Indian residents can buy Gulf Resources from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$3.00
Today's high
$3.36
52 week low
$2.04
52 week high
$11.83
GURE opened at $3.25, closed previously at $3.26, and has traded between $2.04 and $11.83 over the past 52 weeks.
About
Operating in the People's Republic of China, Gulf Resources, Inc. and its various subsidiaries are involved in the production and sale of bromine, crude salt, diverse chemical products, and natural gas. Bromine, one of its key offerings, serves a wide range of applications, including the creation of bromine compounds, organic synthesis intermediates, flame retardants, agricultural fumigants, water treatment solutions, industrial dyes, pharmaceuticals, and disinfectants. Additionally, the company supplies crude salt, which is vital as a raw material for alkali and chlorine alkali manufacturing, as well as for various segments of the chemical, food and beverage, and other industrial sectors. Furthermore, Gulf Resources manufactures and markets a portfolio of chemical products critical for operations in oil and gas exploration, distribution, and drilling. These chemicals also find application in papermaking, as inorganic compounds, and as essential materials for both human and animal antibiotic production. Its headquarters are located in Shouguang, People's Republic of China.
Key statistics
Avg. volume
42.34K
Market cap
$4.51M
P/E Ratio
-0.10
Price-to-sales ratio
0.17
Enterprise value
$15.77M
Free cash flow yield
24.99%
Debt-to-equity ratio
0.16
Return on equity
-36.69%
ROIC
-4.13%
Beta
-0.14
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$25.42M
Earnings per share
-$32.95
Free cash flow
-$1.05M
Net profit margin
-165.06%
Gross margin
-11.20%
EBITDA
-$26.17M
Revenue growth
231.79%
Similar securities
This is not an investment recommendation
How to buy Gulf Resources from India
Indian residents can buy Gulf Resources 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 Gulf Resources and place an order
Find Gulf Resources by name or by its ticker, GURE, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Gulf Resources trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Gulf Resources position in USD and INR. Gulf Resources 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 Gulf Resources from India
Trading and taxes when buying Gulf Resources 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
- NoneGulf Resources 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 Gulf Resources stock?
Yes. Gulf Resources (GURE) has been listed on NASDAQ since 2006, in the Chemicals 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 Gulf Resources share cost in rupees?
One Gulf Resources share is $3.26 — about ₹313 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the Gulf Resources 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 Gulf Resources 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 Gulf Resources?
Yes. One Gulf Resources share is $3.26, 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 Gulf Resources.
How are gains on Gulf Resources 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 Gulf Resources price. Paasa issues a capital-gains statement for your return.
Does Gulf Resources pay a dividend?
No. Gulf Resources 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 Gulf Resources 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 Gulf Resources a United States company, and does that change how it is taxed?
Gulf Resources trades on NASDAQ in US dollars, but the company is domiciled in China. Gulf Resources 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 Gulf Resources 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 Gulf Resources holding, its cost and its closing value.
How do I sell Gulf Resources 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.