KONE Oyj
KONE Oyj (FWB: KC4) is trading at €52.40, about ₹5,703 at today's EUR/INR rate, as of 30 Sep 2026, 3:54 AM ET, up 1.20% today. Indian residents can buy KONE from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€52.32
Today's high
€52.40
52 week low
€46.37
52 week high
€64.16
KC4 opened at €52.32, closed previously at €51.78, and has traded between €46.37 and €64.16 over the past 52 weeks.
About
Operating globally through its various subsidiaries, KONE Oyj specializes in the design, manufacture, and servicing of elevators and escalators. The company's comprehensive product portfolio extends to automatic building doors and unified access control systems, complemented by essential maintenance and modernization offerings. KONE also delivers advanced digital solutions aimed at enhancing building functionality and user experience. These include KONE Office Flow, a modular platform for personalized workplace access; specialized health and wellness features for its equipment; KONE Access, an integrated access control system; and KONE Destination, designed to minimize waiting and travel times. Further digital tools comprise KONE Infotainment for tenant communication and real-time monitoring systems for operational efficiency. Additionally, KONE provides expert consulting in people flow, bespoke solutions for unique or large-scale construction projects, cybersecurity services, and energy-efficient systems for sustainable buildings. The company reinforces its commitment to expertise through hands-on training for technicians and engineers at its facility in Egypt. KONE Oyj was founded in 1908 and is headquartered in Espoo, Finland.
Key statistics
Avg. volume
179.00
Market cap
€27.14B
P/E Ratio
28.12
Price-to-sales ratio
2.33
Enterprise value
€31.60B
Free cash flow yield
3.73%
Debt-to-equity ratio
0.30
Return on equity
35.04%
ROIC
23.39%
Beta
0.82
Dividend yield
3.52%
Last dividend
€1.80
Financial overview
Revenue
€11.25B
Earnings per share
€1.89
Free cash flow
€1.16B
Net profit margin
8.30%
Gross margin
14.32%
EBITDA
€1.65B
Revenue growth
1.32%
How to buy KONE from India
Indian residents can buy KONE 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 and then to EUR.
Search for KONE and place an order
Find KONE by name or by its ticker, KC4, and choose an order type. KONE trades 11:30 am – 11:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your KONE position in EUR 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 KONE from India
Trading and taxes when buying KONE from India
Trading and limits
- Trading hours
- 8:00 am – 8:00 pm CET
- 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. KONE’s current yield is 3.52%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy KONE stock?
Yes. KONE (KC4) has been listed on the Frankfurt Stock Exchange since 2007, 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 and then to EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one KONE share cost in rupees?
One KONE share is €52.40 — about ₹5,703 at an EUR/INR rate of 108.84 on 30 Sep 2026. Both the KONE 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 KONE 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.
How are gains on KONE shares taxed in India?
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 EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the KONE price. Paasa issues a capital-gains statement for your return.
Does KONE pay a dividend, and how is it taxed in India?
Yes. KONE pays a dividend and the current yield is 3.52%; the last declared dividend was €1.80 per share, about ₹195.92. 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 KONE from India?
The Frankfurt Stock Exchange trades 11:30 am – 11:30 pm IST in Indian time. The window shifts to 12:30 pm – 12:30 am IST when Germany is on standard time. Orders can only execute during that window.
Is KONE a Germany company, and does that change how it is taxed?
KONE trades on the Frankfurt Stock Exchange in EUR, but the company is domiciled in Finland. KONE trades as an ordinary share listed directly in Germany, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare KONE 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 KONE holding, its cost and its closing value.
How do I sell KONE and bring the money back to India?
You sell during market hours (11:30 am – 11:30 pm IST) and the proceeds settle in EUR 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.
Does the rupee rate affect what I make on KONE?
Yes. KONE is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.