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TriMas Corporation

$38.82Last updated
-$0.49 (1.23%)Past day
Timezone

TriMas Corporation (NASDAQ: TRS) is trading at $38.82, about ₹3,729 at today's USD/INR rate, as of 30 Sep 2026, 1:30 PM ET, down 1.23% today. Indian residents can buy TriMas from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$39.40
Previous close:$39.30
Volume:84.03K

Today's low

$38.68

Today's high

$39.50

52 week low

$30.43

52 week high

$45.43

TRS opened at $39.40, closed previously at $39.30, and has traded between $30.43 and $45.43 over the past 52 weeks.

About

TriMas Corporation (TRS) is a global industrial company focused on the engineering, manufacturing, and distribution of a diverse range of products spanning consumer, aerospace, and industrial markets. Its operations are structured into three primary segments: Packaging, Aerospace, and Specialty Products. The Packaging division delivers numerous solutions for dispensing and sealing. This includes a variety of pumps and sprayers—such as those for foam, sanitizers, lotions, beverages, perfumes, and nasal applications—along with plastic and steel caps and closures like food lids, flip-tops, child-resistant options, drum/pail seals, and flexible spouts. Other offerings encompass polymeric jars, integrated dispensers, bag-in-box products, aseptic and industrial closures, as well as custom and standard injection-molded components. This segment's well-known brands include Rieke, Taplast, Affaba & Ferrari, Stolz, Omega, and Rapak. The Aerospace segment focuses on highly engineered components for the aviation industry. Its product portfolio features fasteners (such as collars, blind bolts, and rivets), ducting, connectors for air management systems, and a range of machined parts. These are provided to original equipment manufacturers (OEMs), supply chain partners, MRO (maintenance, repair, and overhaul) providers, primary suppliers, and for use in military and defense aviation applications. Prominent brands within this division include Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, TFI Aerospace, RSA Engineered Products, and Martinic Engineering. The Specialty Products division offers two main product lines. Under the Norris Cylinder brand, it supplies robust steel cylinders designed for the secure conveyance, containment, and controlled release of pressurized gases. Furthermore, through its Arrow brand, it manufactures natural gas-powered wellhead engines, compressors, and their corresponding spare parts, essential for oil and natural gas extraction operations, alongside broader industrial and commercial applications. This segment also provides spare parts for a variety of industrial engines. Distribution of TriMas's offerings is handled by its in-house sales force, independent third-party agents, and a network of authorized distributors. TriMas Corporation, founded in 1986, is based in Bloomfield Hills, Michigan.

Country
US
CEO
Thomas J. Snyder
Exchange listed on
NASDAQ
Industry
Packaging & Containers
Base currency
USD
Full Time Employees
3,700
Sector
Consumer Cyclical
IPO date
18/05/2007

Key statistics

Avg. volume

429.46K

Market cap

$1.39B

P/E Ratio

1.61

Price-to-sales ratio

1.81

Enterprise value

$1.91B

Free cash flow yield

4.83%

Debt-to-equity ratio

0.30

Return on equity

17.03%

ROIC

1.08%

Beta

0.59

Dividend yield

0.41%

Last dividend

$0.16

Financial overview

Revenue

$645.72M

Earnings per share

$2.97

Free cash flow

$69.10M

Net profit margin

117.92%

Gross margin

21.59%

EBITDA

$99.32M

Revenue growth

2.37%

Similar securities

This is not an investment recommendation

How to buy TriMas from India

Indian residents can buy TriMas 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 TriMas and place an order

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

  4. Track holdings and download tax reports

    Follow your TriMas 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 TriMas from India

Trading and taxes when buying TriMas 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. TriMas’ current yield is 0.41%.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 TriMas stock?

Yes. TriMas (TRS) has been listed on NASDAQ since 2007, in the Packaging & Containers 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 TriMas share cost in rupees?

One TriMas share is $38.82 — about ₹3,729 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the TriMas 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 TriMas 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 TriMas?

Yes. One TriMas share is $38.82, 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 TriMas.

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

Does TriMas pay a dividend, and how is it taxed in India?

Yes. TriMas pays a dividend and the current yield is 0.41%; the last declared dividend was $0.16 per share, about ₹15.37. 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 TriMas 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 TriMas 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 TriMas 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 TriMas holding, its cost and its closing value.

How do I sell TriMas 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.