Nexans S.A.
Nexans S.A. (PAR: NEX) is trading at €135.60, about ₹14,831 at today's EUR/INR rate, as of 25 Sep 2026, 11:38 AM ET, down 0.22% today. Indian residents can buy Nexans from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€135.60
Today's high
€139.20
52 week low
€109.70
52 week high
€169.00
NEX opened at €137.40, closed previously at €135.90, and has traded between €109.70 and €169.00 over the past 52 weeks.
About
Nexans S.A., established in 1994 and headquartered in Courbevoie, France, is a global leader in the manufacture and distribution of diverse cabling solutions. The company's operations are strategically organized into four key divisions. Its Building & Territories segment offers smart energy systems and comprehensive cabling infrastructure designed for contemporary buildings, intelligent cities and grids, electric vehicle charging, local utilities, decentralized power generation, and rural electrification efforts. The High Voltage & Projects division specializes in full-spectrum solutions, encompassing design, engineering, financing, and asset management for crucial energy projects, including offshore wind farms, subsea interconnections, and terrestrial high-voltage networks, along with advanced smart solutions for the oil and gas sector. Through its Telecom & Data segment, Nexans aids customers in deploying resilient copper and fiber optic infrastructures vital for data transmission, telecommunications networks, hyperscale data centers, and local area network cabling. Finally, the Industry & Solutions segment crafts bespoke wiring and connectivity products for original equipment manufacturers (OEMs) and industrial project managers across a wide array of sectors such as transport, automated systems, renewable energy, and resource industries. This segment also supplies foundational items like wire rods, electrical wires, and winding wires.
Key statistics
Avg. volume
153.72K
Market cap
€5.93B
P/E Ratio
70.99
Price-to-sales ratio
0.76
Enterprise value
€6.97B
Free cash flow yield
4.74%
Debt-to-equity ratio
1.17
Return on equity
-2.71%
ROIC
-3.09%
Beta
0.94
Dividend yield
2.14%
Last dividend
€2.90
Financial overview
Revenue
€7.81B
Earnings per share
€8.08
Free cash flow
€464.00M
Net profit margin
-0.71%
Gross margin
9.73%
EBITDA
€616.00M
Revenue growth
-8.61%
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This is not an investment recommendation
How to buy Nexans from India
Indian residents can buy Nexans 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 Nexans and place an order
Find Nexans by name or by its ticker, NEX, and choose an order type. Nexans trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Nexans 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 Nexans from India
Trading and taxes when buying Nexans 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. Nexans’ current yield is 2.14%.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 Nexans stock?
Yes. Nexans (NEX) has been listed on Euronext Paris since 2001, in the Electrical 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 and then to EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Nexans share cost in rupees?
One Nexans share is €135.60 — about ₹14,831 at an EUR/INR rate of 109.37 on 25 Sep 2026. Both the Nexans 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 Nexans 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 Nexans 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 Nexans price. Paasa issues a capital-gains statement for your return.
Does Nexans pay a dividend, and how is it taxed in India?
Yes. Nexans pays a dividend and the current yield is 2.14%; the last declared dividend was €2.90 per share, about ₹317.18. 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 Nexans from India?
Euronext Paris trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when France is on standard time. Orders can only execute during that window.
Do I have to declare Nexans 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 Nexans holding, its cost and its closing value.
How do I sell Nexans 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 Nexans?
Yes. Nexans 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.