Minerals Technologies Inc.
Minerals Technologies Inc. (NYSE: MTX) is trading at $66.11, about ₹6,351 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 1.12% today. Indian residents can buy Minerals Technologies from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$65.76
Today's high
$67.04
52 week low
$53.94
52 week high
$84.34
MTX opened at $66.70, closed previously at $66.86, and has traded between $53.94 and $84.34 over the past 52 weeks.
About
Minerals Technologies Inc. is dedicated to the development, manufacturing, and distribution of a wide array of specialized mineral, mineral-based, and synthetic mineral products, complemented by related systems and services. The company's operations are structured across three main divisions: Performance Materials, Specialty Minerals, and Refractories. The Performance Materials segment delivers bentonite and its associated products, as well as leonardite. It also provides materials for metal casting, household, personal care, and other specialty applications, alongside fundamental minerals, environmental solutions, and building components. Moreover, this division serves customers involved in non-residential construction, environmental management, infrastructure development, and remediation projects. The Specialty Minerals segment is responsible for the production and sale of precipitated calcium carbonate and quicklime, in addition to offering natural mineral resources like limestone and talc. The products from this segment are extensively utilized in industries such as paper and packaging, construction, paints and coatings, glass, ceramics, polymers, food, automotive, and pharmaceuticals. The Refractories segment focuses on monolithic and pre-shaped refractory materials, specialized products, services, and equipment for application and measurement. It further supplies calcium metal and metallurgical wire products, primarily catering to the steel, non-ferrous metal, and glass sectors. The company markets its offerings predominantly through its in-house sales force and a network of regional distributors. Its geographical reach spans the United States, Canada, Latin America, Europe, Africa, and Asia. Minerals Technologies Inc. was founded in 1968 and is headquartered in New York, New York.
Key statistics
Avg. volume
221.18K
Market cap
$2.05B
P/E Ratio
-30.33
Price-to-sales ratio
0.95
Enterprise value
$2.67B
Free cash flow yield
5.87%
Debt-to-equity ratio
0.62
Return on equity
-4.04%
ROIC
-0.23%
Beta
1.14
Dividend yield
0.73%
Last dividend
$0.48
Financial overview
Revenue
$2.07B
Earnings per share
-$0.59
Free cash flow
$86.60M
Net profit margin
-3.13%
Gross margin
24.52%
EBITDA
$155.60M
Revenue growth
-2.17%
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This is not an investment recommendation
How to buy Minerals Technologies from India
Indian residents can buy Minerals Technologies 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 Minerals Technologies and place an order
Find Minerals Technologies by name or by its ticker, MTX, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Minerals Technologies trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Minerals Technologies 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 Minerals Technologies from India
Trading and taxes when buying Minerals Technologies 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. Minerals Technologies’ current yield is 0.73%.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 Minerals Technologies stock?
Yes. Minerals Technologies (MTX) has been listed on the New York Stock Exchange since 1992, in the Chemicals - Specialty 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 Minerals Technologies share cost in rupees?
One Minerals Technologies share is $66.11 — about ₹6,351 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Minerals Technologies 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 Minerals Technologies 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 Minerals Technologies?
Yes. One Minerals Technologies share is $66.11, 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 Minerals Technologies.
How are gains on Minerals Technologies 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 Minerals Technologies price. Paasa issues a capital-gains statement for your return.
Does Minerals Technologies pay a dividend, and how is it taxed in India?
Yes. Minerals Technologies pays a dividend and the current yield is 0.73%; the last declared dividend was $0.48 per share, about ₹46.11. 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 Minerals Technologies 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 Minerals Technologies 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 Minerals Technologies 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 Minerals Technologies holding, its cost and its closing value.
How do I sell Minerals Technologies 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.