Micron Technology, Inc.
Micron Technology, Inc. (XETRA: MTE) is trading at €945.10, about ₹1,02,932 at today's EUR/INR rate, as of 30 Sep 2026, 11:35 AM ET, up 0.48% today. Indian residents can buy Micron Technology from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€937.00
Today's high
€952.60
52 week low
€138.12
52 week high
€1,102.60
MTE opened at €941.90, closed previously at €940.60, and has traded between €138.12 and €1,102.60 over the past 52 weeks.
About
Micron Technology, Inc. is engaged in the global development, manufacturing, and sale of various memory and data storage products. The company's operations are structured across four key divisions: Compute and Networking, Mobile, Storage, and Embedded Business Units. Its product lineup features Dynamic Random Access Memory (DRAM) for high-speed, low-latency data access, non-volatile NAND flash for re-writable data storage, and NOR memory, which offers rapid read speeds. These solutions are available under the Micron and Crucial brand names, as well as through private label agreements. Micron's memory offerings are crucial for markets such as cloud servers, enterprise systems, client devices, graphics cards, and networking infrastructure, in addition to mobile devices and smartphones. For storage, it supplies solid-state drives (SSDs) and component-level solutions to enterprise, cloud, client, and consumer sectors, alongside discrete storage products in component and wafer forms. The company also provides specialized memory and storage for automotive, industrial, and general consumer applications. Its products are distributed through a comprehensive network that includes a direct sales force, independent representatives, distributors, retailers, and an online customer portal, alongside various channel partners. Micron Technology, Inc. was founded in Boise, Idaho, in 1978.
Key statistics
Avg. volume
23.31K
Market cap
€1.07T
P/E Ratio
23.77
Price-to-sales ratio
13.33
Enterprise value
$142.17B
Free cash flow yield
1.22%
Debt-to-equity ratio
0.06
Return on equity
15.76%
ROIC
12.13%
Beta
2.21
Dividend yield
0.05%
Last dividend
€0.46
Financial overview
Revenue
$37.38B
Earnings per share
$7.65
Free cash flow
$1.67B
Net profit margin
55.91%
Gross margin
72.57%
EBITDA
$18.49B
Revenue growth
48.85%
Similar securities
This is not an investment recommendation
How to buy Micron Technology from India
Indian residents can buy Micron Technology 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 EUR.
Search for Micron Technology and place an order
Find Micron Technology by name or by its ticker, MTE, and choose an order type. Micron Technology trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Micron Technology position in EUR 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 Micron Technology from India
Trading and taxes when buying Micron Technology from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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. Micron Technology’s current yield is 0.05%.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 Micron Technology stock?
Yes. Micron Technology (MTE) has been listed on XETRA since 2007, in the Semiconductors 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 EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Micron Technology share cost in rupees?
One Micron Technology share is €945.10 — about ₹1,02,932 at an EUR/INR rate of 108.91 on 29 Sep 2026. Both the Micron Technology 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 Micron Technology 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 Micron Technology 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 EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the Micron Technology price. Paasa issues a capital-gains statement for your return.
Does Micron Technology pay a dividend, and how is it taxed in India?
Yes. Micron Technology pays a dividend and the current yield is 0.05%; the last declared dividend was €0.46 per share, about ₹50.12. 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 Micron Technology from India?
XETRA trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
Is Micron Technology a Germany company, and does that change how it is taxed?
Micron Technology trades on XETRA in EUR, but the company is domiciled in United States. Micron Technology trades as an ordinary share listed directly in Germany, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Micron Technology 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 Micron Technology holding, its cost and its closing value.
How do I sell Micron Technology and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in EUR 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 Micron Technology?
Yes. Micron Technology is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.