Granite Construction Incorporated
Granite Construction Incorporated (NYSE: GVA) is trading at $115.08, about ₹11,034 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 3.74% today. Indian residents can buy Granite Construction from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$110.96
Today's high
$115.61
52 week low
$97.26
52 week high
$162.08
GVA opened at $111.04, closed previously at $110.94, and has traded between $97.26 and $162.08 over the past 52 weeks.
About
Granite Construction Incorporated is a leading U.S. company that functions as both an infrastructure contractor and a producer of essential construction materials. Its activities are primarily divided into two key segments: Construction and Materials. The Construction division is responsible for developing and restoring public infrastructure, encompassing roadways, bridges, rail systems, airports, marine facilities, dams, reservoirs, and aqueducts, alongside general site development. This segment also specializes in water infrastructure projects for a diverse clientele, including municipal bodies, commercial water suppliers, industrial facilities, and energy companies. Furthermore, it undertakes complex ventures such as mining operations, public safety installations, tunnel construction, and both solar and conventional power projects. The Materials segment focuses on manufacturing aggregates and asphalt, supplying these critical components for both the company's internal construction needs and for external sale to third parties. Additionally, this division provides various services including site preparation, mining, and infrastructure development for residential, energy, commercial, and industrial sites, alongside professional construction management expertise. Granite Construction serves an extensive range of clients, from federal and state government agencies, transportation authorities, and local public works departments, to educational institutions, property developers, utility providers, other contractors, landscapers, manufacturers reliant on aggregate materials, retailers, homeowners, agricultural businesses, brokers, and private owners of industrial, commercial, and residential properties. Established in 1922, Granite Construction Incorporated maintains its headquarters in Watsonville, California.
Key statistics
Avg. volume
812.07K
Market cap
$5.04B
P/E Ratio
-30.53
Price-to-sales ratio
1.01
Enterprise value
$5.89B
Free cash flow yield
9.37%
Debt-to-equity ratio
2.30
Return on equity
-16.01%
ROIC
10.66%
Beta
1.33
Dividend yield
0.45%
Last dividend
$0.52
Financial overview
Revenue
$4.42B
Earnings per share
$4.42
Free cash flow
$330.65M
Net profit margin
-3.32%
Gross margin
15.64%
EBITDA
$498.48M
Revenue growth
10.40%
Similar securities
This is not an investment recommendation
How to buy Granite Construction from India
Indian residents can buy Granite Construction 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 Granite Construction and place an order
Find Granite Construction by name or by its ticker, GVA, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Granite Construction trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Granite Construction 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 Granite Construction from India
Trading and taxes when buying Granite Construction 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. Granite Construction’s current yield is 0.45%.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 Granite Construction stock?
Yes. Granite Construction (GVA) has been listed on the New York Stock Exchange since 1990, in the Engineering & Construction 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 Granite Construction share cost in rupees?
One Granite Construction share is $115.08 — about ₹11,034 at a USD/INR rate of 95.88 on 26 Sep 2026. Both the Granite Construction 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 Granite Construction 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 Granite Construction with less than the price of one share?
Yes. A whole Granite Construction share is $115.08, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Granite Construction 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 Granite Construction price. Paasa issues a capital-gains statement for your return.
Does Granite Construction pay a dividend, and how is it taxed in India?
Yes. Granite Construction pays a dividend and the current yield is 0.45%; the last declared dividend was $0.52 per share, about ₹49.86. 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 Granite Construction 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 Granite Construction 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 Granite Construction 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 Granite Construction holding, its cost and its closing value.
How do I sell Granite Construction 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.