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Tecogen Inc.

$2.95Last updated
-$0.21 (6.65%)Past day
Timezone

Tecogen Inc. (AMEX: TGEN) is trading at $2.95, about ₹283 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 6.65% today. Indian residents can buy Tecogen from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$3.19
Previous close:$3.16
Volume:286.05K

Today's low

$2.95

Today's high

$3.31

52 week low

$1.94

52 week high

$12.07

TGEN opened at $3.19, closed previously at $3.16, and has traded between $1.94 and $12.07 over the past 52 weeks.

About

Tecogen Inc. specializes in the design, manufacturing, sales, and ongoing support of industrial and commercial combined heat and power (CHP) systems. These energy solutions cater to a wide range of applications—residential, commercial, recreational, and industrial—both within the United States and internationally. The company's operations are segmented into three main areas: Products, Services, and Energy Production. Its product offerings include: Cogeneration units, such as the InVerde e+ and TecoPower models, which efficiently produce both electricity and hot water. TECOCHILL branded chillers for air conditioning and refrigeration purposes. Tecofrost gas engine-driven compressors used in refrigeration systems. Ilios brand water heaters. Ultera emissions control technology. Beyond equipment sales, Tecogen provides extensive support services, including long-term maintenance contracts, spare parts sales, and comprehensive turnkey installation. These services are delivered through a network of eleven field service centers located strategically across California, the Midwest, the Northeast, the Southeast, and Ontario, Canada. Additionally, the company undertakes the installation, ownership, operation, and maintenance of distributed generation systems for electricity and other energy solutions, along with complementary technologies. Tecogen serves a diverse clientele spanning numerous sectors, such as healthcare (hospitals, nursing homes), education (colleges, universities), hospitality (hotels, motels, health clubs, spas), commercial real estate (office, retail buildings), manufacturing (food and beverage processors, factories), multi-unit residential properties, and specialized facilities like laundries, ice rinks, swimming pools, municipal buildings, military installations, and indoor growing operations. Established in 2000, Tecogen Inc. is headquartered in Waltham, Massachusetts.

Country
US
CEO
Abinand Rangesh
Exchange listed on
AMEX
Industry
Electrical Equipment & Parts
Base currency
USD
Full Time Employees
120
Sector
Industrials
IPO date
20/05/2014

Key statistics

Avg. volume

242.25K

Market cap

$88.26M

P/E Ratio

-7.13

Price-to-sales ratio

2.85

Enterprise value

$124.92M

Free cash flow yield

-7.67%

Debt-to-equity ratio

0.15

Return on equity

-38.11%

ROIC

-24.99%

Beta

2.17

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$27.07M

Earnings per share

-$0.30

Free cash flow

-$10.31M

Net profit margin

-40.48%

Gross margin

37.18%

EBITDA

-$7.20M

Revenue growth

19.69%

Similar securities

This is not an investment recommendation

How to buy Tecogen from India

Indian residents can buy Tecogen 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 Tecogen and place an order

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

  4. Track holdings and download tax reports

    Follow your Tecogen position in USD and INR. Tecogen 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 Tecogen from India

Trading and taxes when buying Tecogen 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
NoneTecogen 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 Tecogen stock?

Yes. Tecogen (TGEN) has been listed on NYSE American since 2014, in the Electrical Equipment & Parts 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 Tecogen share cost in rupees?

One Tecogen share is $2.95 — about ₹283 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Tecogen 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 Tecogen 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 Tecogen?

Yes. One Tecogen share is $2.95, 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 Tecogen.

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

Does Tecogen pay a dividend?

No. Tecogen 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 Tecogen from India?

NYSE American 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 Tecogen 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 Tecogen 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 Tecogen holding, its cost and its closing value.

How do I sell Tecogen 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.