Magna International Inc.
Magna International Inc. (NYSE: MGA) is trading at $64.56, about ₹6,202 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.12% today. Indian residents can buy Magna International from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$63.73
Today's high
$65.00
52 week low
$43.11
52 week high
$73.22
MGA opened at $64.76, closed previously at $64.64, and has traded between $43.11 and $73.22 over the past 52 weeks.
About
Based in Aurora, Canada, and established in 1957, Magna International Inc. operates as a leading global partner to the automotive industry. The company specializes in the conceptualization, development, and production of an extensive range of components, integrated systems, and complete modules, serving original equipment manufacturers of passenger vehicles and light trucks across the globe. Its comprehensive activities are structured into four key business segments: The Body Exteriors & Structures division focuses on foundational vehicle architecture. This includes essential body and chassis elements, exterior trims, and roof systems, along with advanced battery enclosures. This segment also provides specialized engineering and testing capabilities, delivering products such as bumper fascia, integrated front-end modules, liftgate assemblies, active aerodynamic components, specialized automotive glass, running boards, truck bed access systems, and side door structures. The Power & Vision segment is dedicated to innovative propulsion and sensory technologies. It develops hybrid and electric drive systems, encompassing motors, inverters, and onboard charging units, alongside a variety of transmission types, including hybrid, dual-clutch, and manual options. This division further produces all-wheel-drive/four-wheel-drive systems, driveline components, and engine accessories. Additionally, it supplies sophisticated advanced driver assistance systems (ADAS), sensors, and electronic control units. Its broad product line also extends to interior and exterior mirrors, camera and driver monitoring systems, electronic actuators, door handles, overhead consoles, and comprehensive lighting solutions (forward, rear, auxiliary). Furthermore, it provides complex latching, door modules, power window and closure systems, hinges, wire forms, and various convertible roof solutions, including modular and textile folding tops. The Seating Systems division is responsible for crafting integrated seating solutions, encompassing robust seat structures, intricate mechanism and hardware solutions, and essential foam and trim materials. Lastly, the Complete Vehicles segment offers end-to-end vehicle engineering and full-scale manufacturing services. Beyond these primary segments, Magna International Inc. also possesses extensive capabilities in designing, engineering, and manufacturing specialized tooling products.
Key statistics
Avg. volume
1.21M
Market cap
$17.57B
P/E Ratio
23.70
Price-to-sales ratio
0.41
Enterprise value
$20.09B
Free cash flow yield
15.22%
Debt-to-equity ratio
0.55
Return on equity
6.75%
ROIC
6.97%
Beta
1.86
Dividend yield
3.05%
Last dividend
$1.97
Financial overview
Revenue
$42.75B
Earnings per share
$2.99
Free cash flow
$2.29B
Net profit margin
1.77%
Gross margin
11.76%
EBITDA
$3.23B
Revenue growth
-0.21%
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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.
Search for Magna International and place an order
Find Magna International by name or by its ticker, MGA, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. 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 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 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 LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Magna International stock?
Yes. Magna International (MGA) has been listed on the New York Stock Exchange since 1984, 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. 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 Magna International share cost in rupees?
One Magna International share is $64.56 — about ₹6,202 at a USD/INR rate of 96.06 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.
Can I buy whole shares of Magna International?
Yes. One Magna International share is $64.56, 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 Magna International.
How are gains on Magna International 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 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 $1.97 per share, about ₹189.24. 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 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 Magna International a United States company, and does that change how it is taxed?
Magna International trades on the New York Stock Exchange in US dollars, but the company is domiciled in Canada. Magna International trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
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 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.