Ormat Technologies, Inc.
Ormat Technologies, Inc. (NYSE: ORA) is trading at $93.63, about ₹8,981 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 1.18% today. Indian residents can buy Ormat Technologies from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$92.55
Today's high
$93.97
52 week low
$90.62
52 week high
$146.39
ORA opened at $93.18, closed previously at $92.54, and has traded between $90.62 and $146.39 over the past 52 weeks.
About
Ormat Technologies, Inc. (ORA) is a global enterprise dedicated to geothermal and recovered energy power solutions, with significant operations in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and various other international locations. The company's operations are divided into three distinct business units: Electricity Generation, Product Manufacturing, and Energy Storage Solutions. The Electricity Generation division handles the full spectrum of power plant development, from designing and constructing to owning and operating facilities that harness geothermal, solar photovoltaic, and recovered energy, subsequently selling the generated power. Through its Product Manufacturing segment, Ormat designs, produces, and distributes specialized equipment for geothermal and recovered energy electricity generation, including remote power units like fossil fuel-powered turbo-generators and heavy-duty direct-current generators. This segment also provides complete engineering, procurement, construction (EPC), and ongoing operation and maintenance (O&M) services for geothermal and recovered energy power plants. Its diverse clientele includes contractors, developers, owners, and operators of geothermal power facilities, as well as industrial entities such as operators of interstate natural gas pipelines, gas processing plants, cement factories, and other energy-intensive industrial processes. The Energy Storage Solutions segment delivers a wide array of services related to energy storage, encompassing the engineering, procurement, construction (EPC), and operational maintenance (O&M) of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.
Key statistics
Avg. volume
873.76K
Market cap
$5.75B
P/E Ratio
45.01
Price-to-sales ratio
4.84
Enterprise value
$8.65B
Free cash flow yield
-4.60%
Debt-to-equity ratio
1.31
Return on equity
4.96%
ROIC
2.69%
Beta
0.90
Dividend yield
0.51%
Last dividend
$0.48
Financial overview
Revenue
$989.54M
Earnings per share
$2.04
Free cash flow
-$284.68M
Net profit margin
10.66%
Gross margin
27.93%
EBITDA
$536.06M
Revenue growth
12.49%
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This is not an investment recommendation
How to buy Ormat Technologies from India
Indian residents can buy Ormat 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 Ormat Technologies and place an order
Find Ormat Technologies by name or by its ticker, ORA, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Ormat Technologies trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Ormat 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 Ormat Technologies from India
Trading and taxes when buying Ormat 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. Ormat Technologies’ current yield is 0.51%.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 Ormat Technologies stock?
Yes. Ormat Technologies (ORA) has been listed on the New York Stock Exchange since 2004, in the Renewable Utilities 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 Ormat Technologies share cost in rupees?
One Ormat Technologies share is $93.63 — about ₹8,981 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Ormat 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 Ormat 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 Ormat Technologies?
Yes. One Ormat Technologies share is $93.63, 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 Ormat Technologies.
How are gains on Ormat 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 Ormat Technologies price. Paasa issues a capital-gains statement for your return.
Does Ormat Technologies pay a dividend, and how is it taxed in India?
Yes. Ormat Technologies pays a dividend and the current yield is 0.51%; the last declared dividend was $0.48 per share, about ₹46.04. 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 Ormat 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 Ormat 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 Ormat 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 Ormat Technologies holding, its cost and its closing value.
How do I sell Ormat 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.