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TransCanada PipeLines Limited 6

$20.29Last updated
+$0.39 (1.96%)Past day
Timezone

TransCanada PipeLines Limited 6 (NYSE: TCPA) is trading at $20.29, about ₹1,966 at today's USD/INR rate, as of 8 Oct 2026, 3:58 PM ET, up 1.96% today. Indian residents can buy TransCanada PipeLines Limited 6 from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$20.01
Previous close:$19.90
Volume:74.80K

Today's low

$19.82

Today's high

$20.34

52 week low

$19.61

52 week high

$24.99

TCPA opened at $20.01, closed previously at $19.90, and has traded between $19.61 and $24.99 over the past 52 weeks.

About

TransCanada PipeLines Ltd. provides pipeline services for the gas and oil industries. It operates through the following segments: Natural Gas Pipelines, Liquids Pipelines and Power and Storage. The company was founded on March 21, 1951 and is headquartered in Calgary, Canada.

Country
US
CEO
Francois L. Poirier
Exchange listed on
NYSE
Industry
Oil & Gas Midstream
Base currency
USD
Full Time Employees
71
Sector
Energy
IPO date
15/10/2025

Key statistics

Avg. volume

35.69K

Market cap

$20.53B

P/E Ratio

6.15

Price-to-sales ratio

2.05

Enterprise value

$60.74B

Free cash flow yield

-0.70%

Debt-to-equity ratio

1.64

Return on equity

13.46%

ROIC

5.05%

Beta

0.77

Dividend yield

5.78%

Last dividend

$0.78

Financial overview

Revenue

$10.02B

Earnings per share

$3.30

Free cash flow

-$159.63M

Net profit margin

31.86%

Gross margin

48.11%

EBITDA

$7.13B

Revenue growth

3.91%

Similar securities

This is not an investment recommendation

How to buy TransCanada PipeLines Limited 6 from India

Indian residents can buy TransCanada PipeLines Limited 6 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 TransCanada PipeLines Limited 6 and place an order

    Find TransCanada PipeLines Limited 6 by name or by its ticker, TCPA, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. TransCanada PipeLines Limited 6 trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your TransCanada PipeLines Limited 6 position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Trading and taxes when buying TransCanada PipeLines Limited 6 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. TransCanada PipeLines Limited 6’s current yield is 5.78%.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

FAQs

Can Indian residents buy TransCanada PipeLines Limited 6 stock?

Yes. TransCanada PipeLines Limited 6 (TCPA) has been listed on the New York Stock Exchange since 2025, in the Oil & Gas Midstream 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 TransCanada PipeLines Limited 6 share cost in rupees?

One TransCanada PipeLines Limited 6 share is $20.29 — about ₹1,966 at a USD/INR rate of 96.88 on 8 Oct 2026. Both the TransCanada PipeLines Limited 6 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 TransCanada PipeLines Limited 6 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 TransCanada PipeLines Limited 6?

Yes. One TransCanada PipeLines Limited 6 share is $20.29, 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 TransCanada PipeLines Limited 6.

How are gains on TransCanada PipeLines Limited 6 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 TransCanada PipeLines Limited 6 price. Paasa issues a capital-gains statement for your return.

Does TransCanada PipeLines Limited 6 pay a dividend, and how is it taxed in India?

Yes. TransCanada PipeLines Limited 6 pays a dividend and the current yield is 5.78%; the last declared dividend was $0.78 per share, about ₹75.68. 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 TransCanada PipeLines Limited 6 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 TransCanada PipeLines Limited 6 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 TransCanada PipeLines Limited 6 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 TransCanada PipeLines Limited 6 holding, its cost and its closing value.

How do I sell TransCanada PipeLines Limited 6 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.