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Itron, Inc.

$88.49Last updated
-$1.26 (1.40%)Past day
Timezone

Itron, Inc. (NASDAQ: ITRI) is trading at $88.49, about ₹8,501 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, down 1.40% today. Indian residents can buy Itron from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$89.37
Previous close:$89.75
Volume:486.69K

Today's low

$87.58

Today's high

$89.50

52 week low

$77.77

52 week high

$142.00

ITRI opened at $89.37, closed previously at $89.75, and has traded between $77.77 and $142.00 over the past 52 weeks.

About

Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in four segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solution. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; network design services; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also products and software for the implementation, installation, and management of communicating devices and data networks; offers industrial internet of things solutions, including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; grid edge devices; distribution automation communications; smart lighting; and smart city sensors and applications. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning, statistical modeling, and other analytics. The Resiliency Solutions segment offers software and services. The company offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.

Country
US
CEO
Thomas L. Deitrich
Exchange listed on
NASDAQ
Industry
Hardware, Equipment & Parts
Base currency
USD
Full Time Employees
4,987
Sector
Technology
IPO date
05/11/1993

Key statistics

Avg. volume

723.86K

Market cap

$3.87B

P/E Ratio

14.55

Price-to-sales ratio

1.68

Enterprise value

$3.28B

Free cash flow yield

9.89%

Debt-to-equity ratio

0.09

Return on equity

16.52%

ROIC

7.58%

Beta

1.32

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$2.37B

Earnings per share

$6.62

Free cash flow

$380.85M

Net profit margin

11.90%

Gross margin

39.87%

EBITDA

$414.24M

Revenue growth

-3.02%

Similar securities

This is not an investment recommendation

How to buy Itron from India

Indian residents can buy Itron 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.

  1. 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.

  2. 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.

  3. Search for Itron and place an order

    Find Itron by name or by its ticker, ITRI, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Itron trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Itron position in USD and INR. Itron 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 Itron from India

Trading and taxes when buying Itron 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
NoneItron does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Itron stock?

Yes. Itron (ITRI) has been listed on NASDAQ since 1993, in the Hardware, Equipment & Parts 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 Itron share cost in rupees?

One Itron share is $88.49 — about ₹8,501 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Itron 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 Itron 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 Itron?

Yes. One Itron share is $88.49, 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 Itron.

How are gains on Itron 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 Itron price. Paasa issues a capital-gains statement for your return.

Does Itron pay a dividend?

No. Itron 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 Itron 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 there estate or inheritance tax on Itron 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 Itron 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 Itron holding, its cost and its closing value.

How do I sell Itron 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.