Magna International Inc.
Magna International Inc. (TSX: MG) is trading at CA$91.48, about ₹6,188 at today's CAD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.15% today. Indian residents can buy Magna International from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$90.49
Today's high
CA$92.16
52 week low
CA$60.67
52 week high
CA$101.10
MG opened at CA$91.66, closed previously at CA$91.62, and has traded between CA$60.67 and CA$101.10 over the past 52 weeks.
About
Magna International Inc. is a leading global automotive supplier that engineers and manufactures a comprehensive range of components, assemblies, and systems for original equipment manufacturers of cars and light trucks worldwide. Its operations are structured into four key divisions. The Body Exteriors & Structures segment delivers a diverse array of vehicle components, including chassis, exterior panels, roof systems, and battery enclosures, alongside engineering and testing services for items like fascias, front end modules, liftgate assemblies, active aerodynamics, and specialized glass. The Power & Vision segment focuses on advanced powertrain and intelligent vision systems. This encompasses hybrid and electric drive systems, motors, inverters, and onboard chargers, as well as a variety of transmission options and all-wheel-drive capabilities. It also provides advanced driver assistance systems (ADAS), sensors, electronic control units, interior and exterior mirrors, camera-based monitoring, lighting products, door and window mechanisms, and convertible tops. The Seating Systems division specializes in developing complete seating solutions, including structures, hardware, foam, and trim. Lastly, the Complete Vehicles segment offers full-service vehicle engineering and contract manufacturing. The company further designs and manufactures specialized tooling. Established in 1957, Magna International Inc. is headquartered in Aurora, Canada.
Key statistics
Avg. volume
1.14M
Market cap
CA$24.90B
P/E Ratio
23.70
Price-to-sales ratio
0.41
Enterprise value
$20.09B
Free cash flow yield
12.11%
Debt-to-equity ratio
0.55
Return on equity
6.76%
ROIC
6.81%
Beta
1.83
Dividend yield
3.05%
Last dividend
CA$2.72
Financial overview
Revenue
$42.01B
Earnings per share
$2.99
Free cash flow
$1.82B
Net profit margin
1.77%
Gross margin
11.76%
EBITDA
$4.19B
Revenue growth
-1.93%
Similar securities
This is not an investment recommendation
How to buy Magna International from India
Indian residents can buy Magna International 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 CAD.
Search for Magna International and place an order
Find Magna International by name or by its ticker, MG, and choose an order type. Magna International trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Magna International position in CAD 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 Magna International from India
Trading and taxes when buying Magna International 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. Magna International’s current yield is 3.05%.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 Magna International stock?
Yes. Magna International (MG) has been listed on the Toronto Stock Exchange since 2004, in the Auto - 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 and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Magna International share cost in rupees?
One Magna International share is CA$91.48 — about ₹6,188 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Magna International 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 Magna International 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 Magna International 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 CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Magna International price. Paasa issues a capital-gains statement for your return.
Does Magna International pay a dividend, and how is it taxed in India?
Yes. Magna International pays a dividend and the current yield is 3.05%; the last declared dividend was CA$2.72 per share, about ₹184.19. 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 Magna International from India?
The Toronto 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 Canada is on standard time. Orders can only execute during that window.
Do I have to declare Magna International 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 Magna International holding, its cost and its closing value.
How do I sell Magna International and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD 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 Magna International?
Yes. Magna International is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.