Terex Corporation
Terex Corporation (NYSE: TEX) is trading at $53.37, about ₹5,127 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 3.84% today. Indian residents can buy Terex from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$53.16
Today's high
$56.08
52 week low
$41.70
52 week high
$74.69
TEX opened at $55.91, closed previously at $55.50, and has traded between $41.70 and $74.69 over the past 52 weeks.
About
Operating globally, Terex Corporation specializes in the production and distribution of aerial work platforms and a diverse range of materials processing equipment. Its operations are structured into two primary divisions: Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment is responsible for the design, manufacturing, servicing, and marketing of access equipment, utility machinery, and telehandlers, primarily under the well-known Terex and Genie brands. This range encompasses items such as portable material and aerial lifts, articulating and telescopic booms (both trailer-mounted and self-propelled), scissor lifts, utility vehicles, and telehandlers. Additionally, it supplies essential components and spare parts. These products serve a broad spectrum of uses, including construction and upkeep of industrial, commercial, institutional, and residential structures, maintaining utility and telecommunication infrastructure, supporting construction and foundation drilling, general commercial activities, tree maintenance, and various infrastructure developments. The MP segment offers an extensive portfolio of materials processing and specialized machinery, distributed under numerous brands and business lines, including Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems. Its offerings include crushers, screening and washing systems, trommels, apron feeders, material handlers, a variety of cranes (pick and carry, rough terrain, tower), equipment for wood processing, biomass, and recycling, concrete mixer trucks, concrete pavers, and conveyors, along with necessary components and spare parts. These machines are crucial for diverse applications such as construction, infrastructure development, and recycling initiatives, as well as quarrying, mining, and general material handling. They also play a vital role in maintenance for lifting equipment or materials, landscaping, and the biomass production sectors. To support its clientele, Terex Corporation provides financing options facilitating the rental, leasing, and purchase of its equipment. Established in 1986, Terex Corporation maintains its headquarters in Norwalk, Connecticut.
Key statistics
Avg. volume
1.24M
Market cap
$6.10B
P/E Ratio
26.82
Price-to-sales ratio
0.91
Enterprise value
$5.55B
Free cash flow yield
9.17%
Debt-to-equity ratio
0.55
Return on equity
10.55%
ROIC
7.20%
Beta
1.50
Dividend yield
1.27%
Last dividend
$0.68
Financial overview
Revenue
$5.42B
Earnings per share
$3.36
Free cash flow
$322.00M
Net profit margin
2.23%
Gross margin
17.67%
EBITDA
$627.00M
Revenue growth
5.73%
Similar securities
This is not an investment recommendation
How to buy Terex from India
Indian residents can buy Terex 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 Terex and place an order
Find Terex by name or by its ticker, TEX, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Terex trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Terex 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 Terex from India
Trading and taxes when buying Terex 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. Terex’s current yield is 1.27%.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 Terex stock?
Yes. Terex (TEX) has been listed on the New York Stock Exchange since 1980, in the Industrial - Machinery 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 Terex share cost in rupees?
One Terex share is $53.37 — about ₹5,127 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Terex 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 Terex 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 Terex?
Yes. One Terex share is $53.37, 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 Terex.
How are gains on Terex 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 Terex price. Paasa issues a capital-gains statement for your return.
Does Terex pay a dividend, and how is it taxed in India?
Yes. Terex pays a dividend and the current yield is 1.27%; the last declared dividend was $0.68 per share, about ₹65.32. 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 Terex 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 Terex 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 Terex 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 Terex holding, its cost and its closing value.
How do I sell Terex 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.