Textron Inc.
Textron Inc. (NYSE: TXT) is trading at $77.63, about ₹7,457 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 0.34% today. Indian residents can buy Textron from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$76.10
Today's high
$77.70
52 week low
$75.51
52 week high
$101.57
TXT opened at $77.25, closed previously at $77.37, and has traded between $75.51 and $101.57 over the past 52 weeks.
About
Textron Inc. (TXT) is a diverse global enterprise with significant involvement in the aerospace, defense, industrial, and financial sectors. Its Textron Aviation division is responsible for the production, sale, and maintenance of a variety of aircraft, including corporate jets, turboprop and piston-engine planes, and military trainer and defense aircraft. This segment also delivers extensive maintenance, inspection, and repair services, alongside selling commercial aircraft components. The Bell segment stands as a primary provider of military and civilian helicopters, in addition to tiltrotor aircraft, supported by related spare parts and services. Textron Systems focuses on developing and supplying advanced unmanned aerial platforms, sophisticated electronic systems and solutions, specialized marine vessels, piston aircraft engines, realistic live military air-to-air and air-to-ship training systems, weaponry and associated components, and a range of armored and specialty vehicles. Within its Industrial segment, Textron creates specialized plastic fuel containment systems, including innovative pressurized versions designed for hybrid vehicles, clear-vision systems, and plastic tanks for catalytic reduction systems, primarily serving original equipment manufacturers (OEMs) in the automotive sector. This segment also manufactures a broad array of recreational and utility vehicles, such as golf carts, off-road vehicles (including ATVs and side-by-sides), snowmobiles, and light transportation solutions. Additionally, it produces specialized equipment for aviation ground support, as well as professional-grade turf management and landscaping machinery. Its varied customer base spans golf courses and resorts, government entities, municipalities, individual consumers, outdoor enthusiasts, and diverse commercial and industrial enterprises. Finally, the Finance segment extends financial services, facilitating the acquisition of new and pre-owned aircraft from Textron Aviation and Bell helicopters. Textron's operational footprint is worldwide, with a presence across the United States, Europe, Asia, Australia, and other international markets. The company, founded in 1923, maintains its corporate headquarters in Providence, Rhode Island.
Key statistics
Avg. volume
1.97M
Market cap
$13.35B
P/E Ratio
14.65
Price-to-sales ratio
0.87
Enterprise value
$17.92B
Free cash flow yield
5.65%
Debt-to-equity ratio
0.47
Return on equity
11.70%
ROIC
5.87%
Beta
0.90
Dividend yield
0.10%
Last dividend
$0.08
Financial overview
Revenue
$14.80B
Earnings per share
$5.12
Free cash flow
$884.00M
Net profit margin
6.12%
Gross margin
16.50%
EBITDA
$1.66B
Revenue growth
8.01%
Similar securities
This is not an investment recommendation
How to buy Textron from India
Indian residents can buy Textron 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 Textron and place an order
Find Textron by name or by its ticker, TXT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Textron trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Textron 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 Textron from India
Trading and taxes when buying Textron 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. Textron’s current yield is 0.10%.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 Textron stock?
Yes. Textron (TXT) has been listed on the New York Stock Exchange since 1947, in the Aerospace & Defense 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 Textron share cost in rupees?
One Textron share is $77.63 — about ₹7,457 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Textron 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 Textron 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 Textron?
Yes. One Textron share is $77.63, 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 Textron.
How are gains on Textron 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 Textron price. Paasa issues a capital-gains statement for your return.
Does Textron pay a dividend, and how is it taxed in India?
Yes. Textron pays a dividend and the current yield is 0.10%; the last declared dividend was $0.08 per share, about ₹7.68. 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 Textron 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 there estate or inheritance tax on Textron 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 Textron 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 Textron holding, its cost and its closing value.
How do I sell Textron 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.