Knife River Corporation
Knife River Corporation (NYSE: KNF) is trading at $52.68, about ₹5,060 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 1.29% today. Indian residents can buy Knife River from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$52.08
Today's high
$54.73
52 week low
$50.67
52 week high
$96.28
KNF opened at $53.78, closed previously at $53.37, and has traded between $50.67 and $96.28 over the past 52 weeks.
About
Knife River Corporation is a U.S.-based entity focused on supplying aggregate-derived building materials and offering related contracting services. Its business activities are structured across six distinct operational segments: Pacific, Northwest, Mountain, North Central, South, and Energy Services. The company is involved in extracting, processing, and distributing crucial construction aggregates, including varieties of crushed stone, sand, and gravel. Additionally, it produces and sells both asphalt and ready-mix concrete. To support these core product lines, Knife River also performs various contracting tasks, such as heavy-civil construction, paving with asphalt and concrete, and comprehensive site development and grading work. Its primary clients are governmental bodies at the federal, state, and municipal levels, for whom it undertakes a wide range of public infrastructure initiatives. These projects often include highways, bridges, airports, educational facilities, public buildings, and other foundational community works. Founded in 1917, the organization is headquartered in Bismarck, North Dakota.
Key statistics
Avg. volume
762.16K
Market cap
$2.99B
P/E Ratio
21.41
Price-to-sales ratio
0.90
Enterprise value
$5.08B
Free cash flow yield
-1.74%
Debt-to-equity ratio
1.04
Return on equity
9.57%
ROIC
6.38%
Beta
0.52
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$3.15B
Earnings per share
$2.77
Free cash flow
-$69.57M
Net profit margin
4.23%
Gross margin
17.88%
EBITDA
$488.80M
Revenue growth
8.52%
Similar securities
This is not an investment recommendation
How to buy Knife River from India
Indian residents can buy Knife River 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 Knife River and place an order
Find Knife River by name or by its ticker, KNF, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Knife River trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Knife River position in USD and INR. Knife River 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 Knife River from India
Trading and taxes when buying Knife River 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
- NoneKnife River 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 Knife River stock?
Yes. Knife River (KNF) has been listed on the New York Stock Exchange since 2023, in the Construction 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 Knife River share cost in rupees?
One Knife River share is $52.68 — about ₹5,060 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Knife River 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 Knife River 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 Knife River?
Yes. One Knife River share is $52.68, 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 Knife River.
How are gains on Knife River 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 Knife River price. Paasa issues a capital-gains statement for your return.
Does Knife River pay a dividend?
No. Knife River 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 Knife River 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 Knife River 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 Knife River 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 Knife River holding, its cost and its closing value.
How do I sell Knife River 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.