Metro Inc.
Metro Inc. (TSX: MRU) is trading at CA$90.72, about ₹6,186 at today's CAD/INR rate, as of 8 Oct 2026, 4:00 PM ET, up 1.35% today. Indian residents can buy Metro from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$89.46
Today's high
CA$91.42
52 week low
CA$86.63
52 week high
CA$101.30
MRU opened at CA$89.46, closed previously at CA$89.51, and has traded between CA$86.63 and CA$101.30 over the past 52 weeks.
About
Metro Inc. is a prominent Canadian enterprise active across the food and pharmaceutical industries, functioning as a retailer, franchisor, distributor, and manufacturer. Its operations encompass supermarkets and discount stores, offering a comprehensive selection of fresh produce, general groceries, prepared foods, various meats, dairy products, fruits, vegetables, frozen items, and baked goods, including pastries. The company also provides specialized Mediterranean and Middle Eastern products. As of September 25, 2021, Metro Inc. oversaw an extensive network comprising approximately 963 food retail locations under banners such as Metro, Metro Plus, Super C, Food Basics, Adonis, and Premiere Moisson. Additionally, it managed roughly 649 drugstores, primarily operating under the Jean Coutu, Brunet, Metro Pharmacy, and Food Basics Pharmacy brands. Beyond its retail footprint, the company is involved in the production of generic pharmaceuticals and offers convenient online grocery shopping services. Founded in 1947, Metro Inc. maintains its corporate headquarters in Montréal, Canada.
Key statistics
Avg. volume
606.08K
Market cap
CA$19.14B
P/E Ratio
21.55
Price-to-sales ratio
0.85
Enterprise value
CA$25.00B
Free cash flow yield
5.68%
Debt-to-equity ratio
0.71
Return on equity
14.47%
ROIC
8.99%
Beta
0.32
Dividend yield
1.76%
Last dividend
CA$1.59
Financial overview
Revenue
CA$22.01B
Earnings per share
CA$4.65
Free cash flow
CA$1.16B
Net profit margin
4.00%
Gross margin
19.57%
EBITDA
CA$2.08B
Revenue growth
3.71%
Similar securities
This is not an investment recommendation
How to buy Metro from India
Indian residents can buy Metro 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. Read the full guide: how to invest in Metro from India
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 and then to CAD.
Search for Metro and place an order
Find Metro by name or by its ticker, MRU, and choose an order type. Metro trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Metro position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying Metro 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. Metro’s current yield is 1.76%.Dividend tax explained
FAQs
Can Indian residents buy Metro stock?
Yes. Metro (MRU) has been listed on the Toronto Stock Exchange since 1995, in the Grocery Stores 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 and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Metro share cost in rupees?
One Metro share is CA$90.72 — about ₹6,186 at a CAD/INR rate of 68.19 on 7 Oct 2026. Both the Metro 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 Metro 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.
How are gains on Metro shares taxed in India?
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 CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Metro price. Paasa issues a capital-gains statement for your return.
Does Metro pay a dividend, and how is it taxed in India?
Yes. Metro pays a dividend and the current yield is 1.76%; the last declared dividend was CA$1.59 per share, about ₹108.59. 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 Metro from India?
The Toronto 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 Canada is on standard time. Orders can only execute during that window.
Do I have to declare Metro 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 Metro holding, its cost and its closing value.
How do I sell Metro and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD 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.
Does the rupee rate affect what I make on Metro?
Yes. Metro is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.