Micron Technology, Inc.
Micron Technology, Inc. (TSX: MU) is trading at CA$33.99, about ₹2,240 at today's CAD/INR rate, as of 13 Nov 2026, 3:59 PM ET, down 2.41% today. Indian residents can buy Micron Technology from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$32.81
Today's high
CA$34.71
52 week low
CA$8.63
52 week high
CA$55.30
MU opened at CA$34.24, closed previously at CA$34.83, and has traded between CA$8.63 and CA$55.30 over the past 52 weeks.
About
Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment is involved in memory and storage products sold into smartphone and other mobile-device markets. The EBU segment focuses on memory and storage products sold into automotive, industrial, and consumer Markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978 and is headquartered in Boise, ID.
Key statistics
Avg. volume
1.75M
Market cap
CA$1.26T
P/E Ratio
10.33
Price-to-sales ratio
6.61
Enterprise value
—
Free cash flow yield
—
Debt-to-equity ratio
0.04
Return on equity
—
ROIC
—
Beta
2.90
Dividend yield
0.07%
Last dividend
CA$0.05
Financial overview
Revenue
—
Earnings per share
—
Free cash flow
—
Net profit margin
63.80%
Gross margin
80.72%
EBITDA
—
Revenue growth
—
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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. Read the full guide: how to invest in Micron Technology from India
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 CAD.
Search for Micron Technology and place an order
Find Micron Technology by name or by its ticker, MU, and choose an order type. Micron Technology trades 8:00 pm – 2:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Micron Technology position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying Micron Technology 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. Micron Technology’s current yield is 0.07%.Dividend tax explained
FAQs
Can Indian residents buy Micron Technology stock?
Yes. Micron Technology (MU) has been listed on the Toronto Stock Exchange since 2025, 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 CAD. 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 CA$33.99 — about ₹2,240 at a CAD/INR rate of 65.92 on 14 Nov 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 CAD/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 0.07%; the last declared dividend was CA$0.05 per share, about ₹3.00. 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?
The Toronto Stock Exchange trades 8:00 pm – 2:30 am IST in Indian time, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when Canada is on daylight time. Orders can only execute during that window.
Is Micron Technology a Canada company, and does that change how it is taxed?
Micron Technology trades on the Toronto Stock Exchange in CAD, but the company is domiciled in United States. Micron Technology trades as an ordinary share listed directly in Canada, 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 (8:00 pm – 2:30 am IST) and the proceeds settle in CAD 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 CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.