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Trane Technologies plc

$455.59Last updated
+$3.53 (0.78%)Past day
Timezone

Trane Technologies plc (NYSE: TT) is trading at $455.59, about ₹43,764 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 0.78% today. Indian residents can buy Trane Technologies from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$455.97
Previous close:$452.06
Volume:1.18M

Today's low

$448.55

Today's high

$456.31

52 week low

$348.06

52 week high

$505.87

TT opened at $455.97, closed previously at $452.06, and has traded between $348.06 and $505.87 over the past 52 weeks.

About

Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self and vehicle powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, ventilation, and stationary cold storage solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; water source heat pumps; and aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.

Country
IE
CEO
David S. Regnery
Exchange listed on
NYSE
Industry
Industrial - Machinery
Base currency
USD
Full Time Employees
44,000
Sector
Industrials
IPO date
17/03/1980

Key statistics

Avg. volume

1.23M

Market cap

$100.24B

P/E Ratio

34.36

Price-to-sales ratio

4.51

Enterprise value

$89.88B

Free cash flow yield

3.23%

Debt-to-equity ratio

0.53

Return on equity

33.93%

ROIC

20.26%

Beta

1.20

Dividend yield

0.90%

Last dividend

$4.09

Financial overview

Revenue

$21.32B

Earnings per share

$13.09

Free cash flow

$2.81B

Net profit margin

13.28%

Gross margin

35.39%

EBITDA

$4.17B

Revenue growth

7.48%

Similar securities

This is not an investment recommendation

How to buy Trane Technologies from India

Indian residents can buy Trane Technologies 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 Trane Technologies and place an order

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

  4. Track holdings and download tax reports

    Follow your Trane Technologies 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 Trane Technologies from India

Trading and taxes when buying Trane Technologies 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. Trane Technologies’ current yield is 0.90%.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 Trane Technologies stock?

Yes. Trane Technologies (TT) 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 Trane Technologies share cost in rupees?

One Trane Technologies share is $455.59 — about ₹43,764 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Trane Technologies 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 Trane Technologies 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 Trane Technologies with less than the price of one share?

Yes. A whole Trane Technologies share is $455.59, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.

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

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

Yes. Trane Technologies pays a dividend and the current yield is 0.90%; the last declared dividend was $4.09 per share, about ₹392.89. 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 Trane Technologies 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 Trane Technologies a United States company, and does that change how it is taxed?

Trane Technologies trades on the New York Stock Exchange in US dollars, but the company is domiciled in Ireland. Trane Technologies trades as an ordinary share listed directly in the US, not a depositary receipt. 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 Trane Technologies 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 Trane Technologies holding, its cost and its closing value.

How do I sell Trane Technologies 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.