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TROWNASDAQMarket closedOpens 9:30am ET

T. Rowe Price Group, Inc.

$103.81Last updated
-$1.70 (1.61%)Past day
Timezone

T. Rowe Price Group, Inc. (NASDAQ: TROW) is trading at $103.81, about ₹9,973 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, down 1.61% today. Indian residents can buy T. Rowe Price from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$104.83
Previous close:$105.51
Volume:1.38M

Today's low

$102.91

Today's high

$105.15

52 week low

$85.22

52 week high

$122.00

TROW opened at $104.83, closed previously at $105.51, and has traded between $85.22 and $122.00 over the past 52 weeks.

About

T. Rowe Price Group, Inc. operates as a publicly traded entity specializing in investment management. The firm extends its financial expertise to a diverse range of clients, including individual investors, institutional organizations, retirement benefit plans, and financial intermediaries. It is responsible for the establishment and ongoing management of both equity and fixed income mutual funds. The company's investment activities encompass public stock and bond markets worldwide. Employing a bottom-up methodology, the firm integrates both fundamental and quantitative analysis, leveraging insights from both internal research capabilities and external sources for its investment decisions. A core tenet of its investment philosophy is socially responsible investing, with a significant emphasis on environmental, social, and governance (ESG) factors. Furthermore, T. Rowe Price engages in late-stage venture capital transactions, typically committing between $3 million and $5 million per investment. Historically, the firm was known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. Established in 1937, its global headquarters are situated in Baltimore, Maryland. The firm maintains a substantial international presence, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany; Madrid, Spain; Milan, Italy; Stockholm, Sweden; Melbourne, Australia; and Amsterdam, Netherlands.

Country
US
CEO
Robert W. Sharps
Exchange listed on
NASDAQ
Industry
Asset Management
Base currency
USD
Full Time Employees
7,544
Sector
Financial Services
IPO date
02/04/1986

Key statistics

Avg. volume

1.88M

Market cap

$22.24B

P/E Ratio

10.40

Price-to-sales ratio

2.93

Enterprise value

$19.44B

Free cash flow yield

9.78%

Debt-to-equity ratio

0.04

Return on equity

20.45%

ROIC

12.69%

Beta

1.48

Dividend yield

4.98%

Last dividend

$5.17

Financial overview

Revenue

$7.31B

Earnings per share

$9.26

Free cash flow

$1.48B

Net profit margin

29.26%

Gross margin

70.75%

EBITDA

$2.88B

Revenue growth

3.12%

Similar securities

This is not an investment recommendation

How to buy T. Rowe Price from India

Indian residents can buy T. Rowe Price 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 T. Rowe Price and place an order

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

  4. Track holdings and download tax reports

    Follow your T. Rowe Price 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 T. Rowe Price from India

Trading and taxes when buying T. Rowe Price 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. T. Rowe Price’s current yield is 4.98%.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 T. Rowe Price stock?

Yes. T. Rowe Price (TROW) has been listed on NASDAQ since 1986, in the Asset Management 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 T. Rowe Price share cost in rupees?

One T. Rowe Price share is $103.81 — about ₹9,973 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the T. Rowe Price 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 T. Rowe Price 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 T. Rowe Price with less than the price of one share?

Yes. A whole T. Rowe Price share is $103.81, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.

How are gains on T. Rowe Price 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 T. Rowe Price price. Paasa issues a capital-gains statement for your return.

Does T. Rowe Price pay a dividend, and how is it taxed in India?

Yes. T. Rowe Price pays a dividend and the current yield is 4.98%; the last declared dividend was $5.17 per share, about ₹496.68. 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 T. Rowe Price 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 T. Rowe Price 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 T. Rowe Price 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 T. Rowe Price holding, its cost and its closing value.

How do I sell T. Rowe Price 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.