Tenaris S.A.
Tenaris S.A. (NYSE: TS) is trading at $55.05, about ₹5,288 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 1.91% today. Indian residents can buy Tenaris from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$54.63
Today's high
$55.52
52 week low
$33.65
52 week high
$64.60
TS opened at $54.93, closed previously at $56.12, and has traded between $33.65 and $64.60 over the past 52 weeks.
About
Tenaris S.A., together with its subsidiaries, manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. It provides steel casings to sustain the walls of oil and gas wells during and after drilling; steel tubing for conducting crude oil and natural gas to the surface after drilling has been completed; steel line pipes to transport crude oil and natural gas from wells to refineries, storage tanks, and loading and distribution centers; and mechanical and structural pipes for the transportation of other forms of gas and liquids under high pressure. The company also offers cold-drawn pipes for use in boilers, superheaters, condensers, heat exchangers, automobile production, and other industrial applications; premium joints and couplings for use in high temperature or high pressure environments under the TenarisHydril brand name; coiled tubing is used for oil and gas drilling and well workovers and for subsea pipelines; sucker rods used in oil extraction activities, tubes used for plumbing and construction applications, and oilfield / hydraulic fracturing services; pipe coating services; and automotive components. In addition, it engages in the sale of energy and raw materials; development, management, and licensing of intellectual property; procurement and trading services; and financial operations, as well as markets steel products. Further, the company manufactures and markets connections; and welded and seamless steel pipes. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg, Luxembourg. Tenaris S.A. operates as a subsidiary of Techint Holdings S.àr.l.
Key statistics
Avg. volume
1.28M
Market cap
$29.54B
P/E Ratio
14.73
Price-to-sales ratio
2.33
Enterprise value
$19.86B
Free cash flow yield
9.92%
Debt-to-equity ratio
0.03
Return on equity
11.64%
ROIC
10.12%
Beta
0.48
Dividend yield
3.18%
Last dividend
$1.78
Financial overview
Revenue
$11.98B
Earnings per share
$3.72
Free cash flow
$1.98B
Net profit margin
15.87%
Gross margin
33.72%
EBITDA
$3.14B
Revenue growth
-4.33%
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This is not an investment recommendation
How to buy Tenaris from India
Indian residents can buy Tenaris 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 Tenaris and place an order
Find Tenaris by name or by its ticker, TS, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Tenaris trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Tenaris 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 Tenaris from India
Trading and taxes when buying Tenaris 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. Tenaris’ current yield is 3.18%.Dividend tax explained
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 Tenaris stock?
Yes. Tenaris (TS) has been listed on the New York Stock Exchange since 2002, in the Oil & Gas Equipment & Services 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 Tenaris share cost in rupees?
One Tenaris share is $55.05 — about ₹5,288 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Tenaris 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 Tenaris 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 Tenaris?
Yes. One Tenaris share is $55.05, 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 Tenaris.
How are gains on Tenaris 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 Tenaris price. Paasa issues a capital-gains statement for your return.
Does Tenaris pay a dividend, and how is it taxed in India?
Yes. Tenaris pays a dividend and the current yield is 3.18%; the last declared dividend was $1.78 per share, about ₹170.99. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Tenaris 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 Tenaris a United States company, and does that change how it is taxed?
Tenaris trades on the New York Stock Exchange in US dollars, but the company is domiciled in Luxembourg. Tenaris trades as an American Depositary Receipt rather than an ordinary share. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Tenaris 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 Tenaris holding, its cost and its closing value.
How do I sell Tenaris 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.