MP Materials Corp.
MP Materials Corp. (NYSE: MP) is trading at $45.43, about ₹4,364 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 2.20% today. Indian residents can buy MP Materials from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$44.75
Today's high
$46.88
52 week low
$37.81
52 week high
$100.25
MP opened at $46.88, closed previously at $46.45, and has traded between $37.81 and $100.25 over the past 52 weeks.
About
MP Materials Corp. manages and operates facilities dedicated to the extraction and refinement of rare earth elements. The company's primary asset is the Mountain Pass Rare Earth mine, a key operation situated within the Western Hemisphere. MP Materials holds comprehensive mineral rights for this significant deposit and its surrounding areas, alongside proprietary intellectual property essential for the ongoing processing and technological development of rare earth minerals. Its product offerings include critical elements such as cerium, lanthanum, neodymium, praseodymium, and samarium. Established in 2017, the company is headquartered in Las Vegas, Nevada.
Key statistics
Avg. volume
5.85M
Market cap
$8.09B
P/E Ratio
-132.91
Price-to-sales ratio
26.48
Enterprise value
$8.47B
Free cash flow yield
-3.82%
Debt-to-equity ratio
0.48
Return on equity
-3.59%
ROIC
-2.79%
Beta
1.95
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$224.44M
Earnings per share
-$0.50
Free cash flow
-$328.13M
Net profit margin
-19.85%
Gross margin
-4.56%
EBITDA
$2.97M
Revenue growth
10.10%
Similar securities
This is not an investment recommendation
How to buy MP Materials from India
Indian residents can buy MP Materials 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 MP Materials and place an order
Find MP Materials by name or by its ticker, MP, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. MP Materials trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your MP Materials position in USD and INR. MP Materials 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 MP Materials from India
Trading and taxes when buying MP Materials 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
- NoneMP Materials 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 MP Materials stock?
Yes. MP Materials (MP) has been listed on the New York Stock Exchange since 2020, in the Industrial 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 MP Materials share cost in rupees?
One MP Materials share is $45.43 — about ₹4,364 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the MP Materials 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 MP Materials 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 MP Materials?
Yes. One MP Materials share is $45.43, 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 MP Materials.
How are gains on MP Materials 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 MP Materials price. Paasa issues a capital-gains statement for your return.
Does MP Materials pay a dividend?
No. MP Materials 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 MP Materials 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 MP Materials 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 MP Materials 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 MP Materials holding, its cost and its closing value.
How do I sell MP Materials 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.