Paasa Logo
Rigel Pharmaceuticals, Inc. logo
RIGLNASDAQMarket openCloses 4:00pm ET

Rigel Pharmaceuticals, Inc.

$48.26Last updated
+$0.37 (0.78%)Past day
Timezone

Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL) is trading at $48.26, about ₹4,634 at today's USD/INR rate, as of 25 Sep 2026, 2:55 PM ET, up 0.78% today. Indian residents can buy Rigel Pharmaceuticals from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$48.23
Previous close:$47.89
Volume:46.68K

Today's low

$47.30

Today's high

$48.54

52 week low

$24.95

52 week high

$52.24

RIGL opened at $48.23, closed previously at $47.89, and has traded between $24.95 and $52.24 over the past 52 weeks.

About

Rigel Pharmaceuticals, Inc., a biotechnology company, develops and provides therapies that enhance the lives of patients with hematologic disorders and cancer in the United States. The company offers TAVALISSE, an oral spleen tyrosine kinase inhibitor for the treatment of adult patients with chronic immune thrombocytopenia; REZLIDHIA, a non-intensive monotherapy to treat adult patients with relapsed or refractory (R/R) acute myeloid leukemia (AML) with a susceptible isocitrate dehydrogenase-1 (IDH1) mutation as detected by an FDA-approved test; and GAVRETO, a once daily, small molecule, oral, kinase inhibitor for the treatment of adult patients with metastatic rearranged during transfection (RET) fusion-positive non-small cell lung cancer (NSCLC), as well as to treat adult and pediatric patients twelve years of age and older with advanced or metastatic RET fusion-positive thyroid cancer. It also develops R289, an oral interleukin receptor-associated kinases 1 and 4 (IRAK1/4) inhibitor, which is being advanced to Phase 1b study for the treatment of hematology-oncology, autoimmune, and inflammatory diseases, as well as to treat lower-risk myelodysplastic syndrome. The company has strategic development collaboration with The University of Texas MD Anderson Cancer Center (MDACC) for the development of olutasidenib in AML and other hematologic cancers with IDH1mutations; and the Collaborative Network for Neuro-Oncology Clinical Trial (CONNECT) to conduct a Phase 2 clinical trial to evaluate olutasidenib in combination with temozolomide in patients with high-grade glioma harboring an IDH1 mutation. Rigel Pharmaceuticals, Inc. was incorporated in 1996 and is headquartered in South San Francisco, California.

Country
US
CEO
Raul R. Rodriguez
Exchange listed on
NASDAQ
Industry
Biotechnology
Base currency
USD
Full Time Employees
173
Sector
Healthcare
IPO date
29/11/2000

Key statistics

Avg. volume

331.78K

Market cap

$892.95M

P/E Ratio

2.73

Price-to-sales ratio

3.23

Enterprise value

$872.08M

Free cash flow yield

8.89%

Debt-to-equity ratio

0.09

Return on equity

96.49%

ROIC

18.70%

Beta

1.20

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$294.28M

Earnings per share

$20.40

Free cash flow

$75.66M

Net profit margin

116.30%

Gross margin

91.39%

EBITDA

$131.56M

Revenue growth

64.15%

Similar securities

This is not an investment recommendation

How to buy Rigel Pharmaceuticals from India

Indian residents can buy Rigel Pharmaceuticals 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.

  1. 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.

  2. 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.

  3. Search for Rigel Pharmaceuticals and place an order

    Find Rigel Pharmaceuticals by name or by its ticker, RIGL, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Rigel Pharmaceuticals trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Rigel Pharmaceuticals position in USD and INR. Rigel Pharmaceuticals pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Rigel Pharmaceuticals from India

Trading and taxes when buying Rigel Pharmaceuticals 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
NoneRigel Pharmaceuticals does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Rigel Pharmaceuticals stock?

Yes. Rigel Pharmaceuticals (RIGL) has been listed on NASDAQ since 2000, in the Biotechnology 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 Rigel Pharmaceuticals share cost in rupees?

One Rigel Pharmaceuticals share is $48.26 — about ₹4,634 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Rigel Pharmaceuticals 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 Rigel Pharmaceuticals 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 Rigel Pharmaceuticals?

Yes. One Rigel Pharmaceuticals share is $48.26, 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 Rigel Pharmaceuticals.

How are gains on Rigel Pharmaceuticals 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 Rigel Pharmaceuticals price. Paasa issues a capital-gains statement for your return.

Does Rigel Pharmaceuticals pay a dividend?

No. Rigel Pharmaceuticals does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Rigel Pharmaceuticals 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 Rigel Pharmaceuticals 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 Rigel Pharmaceuticals 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 Rigel Pharmaceuticals holding, its cost and its closing value.

How do I sell Rigel Pharmaceuticals 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.