Otter Tail Corporation
Otter Tail Corporation (NASDAQ: OTTR) is trading at $88.36, about ₹8,484 at today's USD/INR rate, as of 25 Sep 2026, 2:32 PM ET, up 0.11% today. Indian residents can buy Otter Tail from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$87.43
Today's high
$88.47
52 week low
$74.15
52 week high
$95.09
OTTR opened at $87.96, closed previously at $88.26, and has traded between $74.15 and $95.09 over the past 52 weeks.
About
Otter Tail Corporation, an entity founded in 1907 and based in Fergus Falls, Minnesota, is a diversified enterprise conducting business in the United States across three primary sectors: an electric utility, manufacturing operations, and the production of plastic pipes. The company adopted its current name in 2001, having previously been known as Otter Tail Power Company. The Electric segment is responsible for generating, transmitting, distributing, and selling electricity. It serves approximately 133,000 residential, industrial, and commercial customers across Minnesota, North Dakota, and South Dakota. This segment draws its power from a mix of sources including coal, wind, hydroelectric, and natural gas, and actively participates in the Midcontinent Independent System Operator, Inc. (MISO) markets. Through its Manufacturing segment, the company offers services such as contract machining, metal parts stamping, fabrication, and painting. It also produces specialized plastic thermoformed products, including containers for horticultural purposes, packaging solutions for the life sciences and industrial sectors, and components for material handling. These products cater to a wide array of industries, such as recreational vehicles, agriculture, construction, lawn and garden, and industrial and energy equipment. Additionally, this segment manufactures custom packaging like clamshells, blister packs, and returnable trays, designed to transport and store unusually shaped or delicate parts for clients in the horticulture, medical, industrial, recreation, and electronics fields. Finally, the Plastics segment focuses on manufacturing polyvinyl chloride (PVC) pipes. These pipes are essential for various water management applications, including municipal water supply, rural water systems, wastewater treatment, storm drainage, and water reclamation projects. The products from this segment are sold to wholesalers and distributors through a combination of independent sales representatives, internal sales personnel, and dedicated customer service teams.
Key statistics
Avg. volume
250.59K
Market cap
$3.71B
P/E Ratio
18.97
Price-to-sales ratio
2.82
Enterprise value
$4.63B
Free cash flow yield
-2.14%
Debt-to-equity ratio
0.67
Return on equity
10.43%
ROIC
5.54%
Beta
0.43
Dividend yield
2.55%
Last dividend
$2.26
Financial overview
Revenue
$1.30B
Earnings per share
$6.59
Free cash flow
$97.92M
Net profit margin
14.83%
Gross margin
39.98%
EBITDA
$487.61M
Revenue growth
-1.99%
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This is not an investment recommendation
How to buy Otter Tail from India
Indian residents can buy Otter Tail 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 Otter Tail and place an order
Find Otter Tail by name or by its ticker, OTTR, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Otter Tail trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Otter Tail 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 Otter Tail from India
Trading and taxes when buying Otter Tail 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. Otter Tail’s current yield is 2.55%.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 Otter Tail stock?
Yes. Otter Tail (OTTR) has been listed on NASDAQ since 1990, in the Conglomerates 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 Otter Tail share cost in rupees?
One Otter Tail share is $88.36 — about ₹8,484 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Otter Tail 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 Otter Tail 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 Otter Tail?
Yes. One Otter Tail share is $88.36, 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 Otter Tail.
How are gains on Otter Tail 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 Otter Tail price. Paasa issues a capital-gains statement for your return.
Does Otter Tail pay a dividend, and how is it taxed in India?
Yes. Otter Tail pays a dividend and the current yield is 2.55%; the last declared dividend was $2.26 per share, about ₹216.77. 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 Otter Tail 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 there estate or inheritance tax on Otter Tail 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 Otter Tail 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 Otter Tail holding, its cost and its closing value.
How do I sell Otter Tail 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.