Neonode Inc.
Neonode Inc. (NASDAQ: NEON) is trading at $0.92, about ₹88 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 3.96% today. Indian residents can buy Neonode from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$0.88
Today's high
$0.94
52 week low
$0.72
52 week high
$3.94
NEON opened at $0.90, closed previously at $0.88, and has traded between $0.72 and $3.94 over the past 52 weeks.
About
Neonode Inc., along with its subsidiaries, specializes in developing optical sensing technology for touch, contactless touch, and gesture recognition. These innovative solutions are deployed across diverse international markets, including the United States, Japan, South Korea, and China. The company also furnishes sophisticated software solutions that utilize advanced machine learning algorithms for scene analysis. This capability enables the detection and tracking of individuals and objects within video streams from cameras and various other imaging devices. Neonode licenses its proprietary technology to original equipment manufacturers (OEMs) and Tier 1 suppliers. Additionally, they supply embedded sensor modules to OEMs, original design manufacturers (ODMs), and systems integrators, while also offering expert engineering consulting services. Furthermore, Neonode markets its own branded sensor products, such as the AirBar series, through a network of distributors. Its extensive market reach covers sectors including office equipment, automotive, industrial automation, medical, military, and avionics. Established in 1997, Neonode Inc. maintains its corporate headquarters in Stockholm, Sweden.
Key statistics
Avg. volume
165.99K
Market cap
$15.37M
P/E Ratio
1.87
Price-to-sales ratio
7.53
Enterprise value
-$4.90M
Free cash flow yield
-73.09%
Debt-to-equity ratio
0.05
Return on equity
34.15%
ROIC
32.33%
Beta
1.12
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$2.06M
Earnings per share
$0.51
Free cash flow
-$10.35M
Net profit margin
397.84%
Gross margin
92.99%
EBITDA
$8.36M
Revenue growth
-33.66%
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This is not an investment recommendation
How to buy Neonode from India
Indian residents can buy Neonode 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 Neonode and place an order
Find Neonode by name or by its ticker, NEON, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Neonode trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Neonode position in USD and INR. Neonode 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 Neonode from India
Trading and taxes when buying Neonode 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
- NoneNeonode does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
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 Neonode stock?
Yes. Neonode (NEON) has been listed on NASDAQ since 1989, in the Hardware, Equipment & Parts 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 Neonode share cost in rupees?
One Neonode share is $0.92 — about ₹88 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Neonode 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 Neonode 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 Neonode?
Yes. One Neonode share is $0.92, 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 Neonode.
How are gains on Neonode 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 Neonode price. Paasa issues a capital-gains statement for your return.
Does Neonode pay a dividend?
No. Neonode 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 Neonode 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 Neonode a United States company, and does that change how it is taxed?
Neonode trades on NASDAQ in US dollars, but the company is domiciled in Sweden. Neonode trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Neonode 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 Neonode holding, its cost and its closing value.
How do I sell Neonode 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.