MGE Energy, Inc.
MGE Energy, Inc. (NASDAQ: MGEE) is trading at $70.06, about ₹6,720 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 2.29% today. Indian residents can buy MGE Energy from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$68.01
Today's high
$70.10
52 week low
$68.01
52 week high
$87.94
MGEE opened at $68.26, closed previously at $68.49, and has traded between $68.01 and $87.94 over the past 52 weeks.
About
MGE Energy, Inc. operates as a public utility holding company, primarily conducting its business in Wisconsin through various subsidiary entities. The company's operations are divided into several key segments: Regulated Electric Utility, Regulated Gas Utility, Nonregulated Energy, Transmission Investments, and an "All Other" category. Its core activities involve the generation, acquisition, and delivery of electricity, utilizing owned or leased power generation facilities situated in both Wisconsin and Iowa. Furthermore, MGE Energy undertakes the planning, construction, operation, maintenance, and expansion of transmission infrastructure to provide essential transmission services. The company's electricity generation portfolio includes coal-fired, gas-fired, and renewable energy sources, supplemented by power purchased under both short-term and long-term agreements. As of December 31, 2021, MGE Energy was supplying electricity to 159,000 customers in Dane County, Wisconsin, and distributing natural gas to 169,000 customers across seven Wisconsin counties. The company maintains its corporate headquarters in Madison, Wisconsin.
Key statistics
Avg. volume
235.82K
Market cap
$2.64B
P/E Ratio
17.26
Price-to-sales ratio
3.44
Enterprise value
$3.53B
Free cash flow yield
-6.21%
Debt-to-equity ratio
0.62
Return on equity
11.10%
ROIC
4.72%
Beta
0.70
Dividend yield
2.76%
Last dividend
$1.93
Financial overview
Revenue
$743.65M
Earnings per share
$3.72
Free cash flow
-$79.99M
Net profit margin
19.45%
Gross margin
85.41%
EBITDA
$304.78M
Revenue growth
9.85%
Similar securities
This is not an investment recommendation
How to buy MGE Energy from India
Indian residents can buy MGE Energy 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 MGE Energy and place an order
Find MGE Energy by name or by its ticker, MGEE, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. MGE Energy trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your MGE Energy 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 MGE Energy from India
Trading and taxes when buying MGE Energy 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. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. MGE Energy’s current yield is 2.76%.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 MGE Energy stock?
Yes. MGE Energy (MGEE) has been listed on NASDAQ since 1980, in the Regulated Electric 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 MGE Energy share cost in rupees?
One MGE Energy share is $70.06 — about ₹6,720 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the MGE Energy 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 MGE Energy 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 MGE Energy?
Yes. One MGE Energy share is $70.06, 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 MGE Energy.
How are gains on MGE Energy 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 MGE Energy price. Paasa issues a capital-gains statement for your return.
Does MGE Energy pay a dividend, and how is it taxed in India?
Yes. MGE Energy pays a dividend and the current yield is 2.76%; the last declared dividend was $1.93 per share, about ₹185.44. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade MGE Energy 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 MGE Energy 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 MGE Energy 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 MGE Energy holding, its cost and its closing value.
How do I sell MGE Energy 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.