Nokia Oyj
Nokia Oyj (XETRA: NOA3) is trading at €9.14, about ₹995 at today's EUR/INR rate, as of 29 Sep 2026, 11:35 AM ET, up 3.70% today. Indian residents can buy Nokia from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€8.89
Today's high
€9.30
52 week low
€3.99
52 week high
€15.00
NOA3 opened at €8.93, closed previously at €8.81, and has traded between €3.99 and €15.00 over the past 52 weeks.
About
Nokia Oyj, a Finnish company established in 1865 and headquartered in Espoo, delivers comprehensive mobile, fixed, and cloud networking solutions across the globe. Its operations are organized into four core divisions: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. The firm designs and implements radio access networks (RAN) supporting technologies from 2G through to 5G, in addition to providing microwave radio links for transport. For fixed connectivity, Nokia supplies fiber and copper-based access infrastructure, complemented by a suite of cloud and virtualization services, with its Wi-Fi portfolio including mesh solutions and cloud-managed controllers. The company also develops advanced IP routing solutions, essential for aggregation, edge, and core applications serving residential, business, mobile, and industrial sectors. Its extensive optical networks portfolio encompasses coherent optical transponders, optical transport network switchers, wavelength-division multiplexers (WDM), reconfigurable optical add-drop multiplexer (ROADM) solutions, and optical line systems, supporting diverse applications ranging from metro access and aggregation to data center interconnect, regional, and long-haul/ultra-long-haul communication, alongside robust submarine network systems. Furthermore, Nokia offers enterprise solutions, business application software, core networks software, and cloud and cognitive services. Beyond tangible products, the company provides hardware, software, and services, alongside the licensing of its intellectual property, which includes patents, various technologies, and the renowned Nokia brand. Its clientele is broad, spanning communications service providers, webscale operators, hyperscalers, various digital industries, and government entities.
Key statistics
Avg. volume
951.17K
Market cap
€51.02B
P/E Ratio
72.26
Price-to-sales ratio
2.52
Enterprise value
€29.23B
Free cash flow yield
4.84%
Debt-to-equity ratio
0.16
Return on equity
3.00%
ROIC
3.97%
Beta
0.81
Dividend yield
1.53%
Last dividend
€0.14
Financial overview
Revenue
€19.89B
Earnings per share
€0.12
Free cash flow
€1.47B
Net profit margin
4.65%
Gross margin
44.62%
EBITDA
€2.02B
Revenue growth
3.48%
How to buy Nokia from India
Indian residents can buy Nokia 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 Nokia and place an order
Find Nokia by name or by its ticker, NOA3, and choose an order type. Nokia trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Nokia 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 Nokia from India
Trading and taxes when buying Nokia 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. Nokia’s current yield is 1.53%.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 Nokia stock?
Yes. Nokia (NOA3) has been listed on XETRA since 2008, in the Communication Equipment 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 Nokia share cost in rupees?
One Nokia share is €9.14 — about ₹995 at an EUR/INR rate of 108.91 on 29 Sep 2026. Both the Nokia 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 Nokia 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 Nokia 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 Nokia price. Paasa issues a capital-gains statement for your return.
Does Nokia pay a dividend, and how is it taxed in India?
Yes. Nokia pays a dividend and the current yield is 1.53%; the last declared dividend was €0.14 per share, about ₹15.25. 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 Nokia 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 Nokia a Germany company, and does that change how it is taxed?
Nokia trades on XETRA in EUR, but the company is domiciled in Finland. Nokia 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 Nokia 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 Nokia holding, its cost and its closing value.
How do I sell Nokia 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 Nokia?
Yes. Nokia 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.