PNE AG
PNE AG (XETRA: PNE3) is trading at €6.97, about ₹762 at today's EUR/INR rate, as of 29 Sep 2026, 3:29 AM ET, down 1.13% today. Indian residents can buy PNE from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€6.97
Today's high
€6.97
52 week low
€6.92
52 week high
€13.56
PNE3 opened at €6.97, closed previously at €7.05, and has traded between €6.92 and €13.56 over the past 52 weeks.
About
PNE AG, established in 1995 and based in Cuxhaven, Germany, specializes in the comprehensive lifecycle management of wind and solar power projects globally. The company oversees every stage, from initial conceptualization, planning, and financing to construction, ongoing operational management, and eventual sale of wind farms, photovoltaic installations, and their associated transformer stations. Operating under its PNE and WKN brands, it develops, builds, and markets both land-based and offshore wind energy facilities, alongside solar (PV) ventures. PNE AG also delivers detailed technical and commercial operational services for these renewable energy assets and transformer stations. Beyond development and services, the firm generates electricity from its wind and biomass power plants and is actively involved in advancing new photovoltaic technologies and integrated hybrid energy solutions. The company adopted its current name, PNE AG, in June 2018, having previously been known as PNE WIND AG.
Key statistics
Avg. volume
67.66K
Market cap
€533.93M
P/E Ratio
-17.49
Price-to-sales ratio
2.04
Enterprise value
€1.31B
Free cash flow yield
-15.96%
Debt-to-equity ratio
6.19
Return on equity
-20.05%
ROIC
3.59%
Beta
0.17
Dividend yield
0.57%
Last dividend
€0.04
Financial overview
Revenue
€230.20M
Earnings per share
-€0.56
Free cash flow
-€153.90M
Net profit margin
-11.55%
Gross margin
48.91%
EBITDA
€65.90M
Revenue growth
9.41%
Similar securities
This is not an investment recommendation
How to buy PNE from India
Indian residents can buy PNE 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 PNE and place an order
Find PNE by name or by its ticker, PNE3, and choose an order type. PNE trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your PNE 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 PNE from India
Trading and taxes when buying PNE 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. PNE’s current yield is 0.57%.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 PNE stock?
Yes. PNE (PNE3) has been listed on XETRA since 2000, 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 and then to EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one PNE share cost in rupees?
One PNE share is €6.97 — about ₹762 at an EUR/INR rate of 109.29 on 28 Sep 2026. Both the PNE 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 PNE 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 PNE 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 PNE price. Paasa issues a capital-gains statement for your return.
Does PNE pay a dividend, and how is it taxed in India?
Yes. PNE pays a dividend and the current yield is 0.57%; the last declared dividend was €0.04 per share, about ₹4.37. 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 PNE 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.
Do I have to declare PNE 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 PNE holding, its cost and its closing value.
How do I sell PNE 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 PNE?
Yes. PNE 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.