Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Inc. (TSX: TMO) is trading at CA$23.19, about ₹1,582 at today's CAD/INR rate, as of 8 Oct 2026, 3:59 PM ET, down 1.40% today. Indian residents can buy Thermo Fisher Scientific from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$22.65
Today's high
CA$23.20
52 week low
CA$15.74
52 week high
CA$24.61
TMO opened at CA$23.00, closed previously at CA$23.52, and has traded between CA$15.74 and CA$24.61 over the past 52 weeks.
About
Thermo Fisher Scientific Inc. is a global leader in scientific services, providing a comprehensive range of offerings that include life sciences solutions, advanced analytical instruments, specialized diagnostic products, and an extensive portfolio of laboratory supplies and biopharmaceutical services. The company's reach extends across North America, Europe, Asia-Pacific, and other international markets. Its Life Sciences Solutions division furnishes researchers with essential reagents, state-of-the-art instruments, and consumables vital for biological and medical exploration, the development and manufacturing of therapeutics and vaccines, and the detection of infections and various diseases. This segment encompasses bioscience, genetic science, and bioproduction technologies, serving a broad spectrum of clients in the pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and governmental sectors. The Analytical Instruments segment delivers a variety of precision instruments, consumables, software, and support services to pharmaceutical, biotechnology, academic, governmental, environmental, and industrial research environments, as well as clinical laboratories. The Specialty Diagnostics segment offers an array of diagnostic tools, including liquid, ready-to-use, and lyophilized immunodiagnostic reagent kits, alongside calibrators, controls, protein detection assays, and accompanying instruments. This also features the creation and distribution of complete blood test systems to aid in the clinical diagnosis and monitoring of allergies, asthma, and autoimmune diseases. Furthermore, it provides dehydrated and prepared culture media, specimen collection and transport systems, related instrumentation and consumables, human leukocyte antigen (HLA) typing and testing crucial for the organ transplant sector, and other healthcare products. Lastly, the Laboratory Products and Biopharma Services segment supplies laboratory equipment, serves the research and safety markets through its channels, and offers extensive pharmaceutical services, encompassing clinical research support. The company's products and services are distributed through a dedicated direct sales team, customer service professionals, online commerce platforms, and a network of third-party distributors. Its recognized brands include Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon, and PPD. Thermo Fisher Scientific Inc. was established in 1956 and is headquartered in Waltham, Massachusetts.
Key statistics
Avg. volume
11.26K
Market cap
CA$337.24B
P/E Ratio
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Price-to-sales ratio
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Enterprise value
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Free cash flow yield
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Debt-to-equity ratio
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Return on equity
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ROIC
—
Beta
-0.39
Dividend yield
—
Last dividend
CA$0.02
Financial overview
Revenue
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Earnings per share
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Free cash flow
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Net profit margin
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Gross margin
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EBITDA
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Revenue growth
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This is not an investment recommendation
How to buy Thermo Fisher Scientific from India
Indian residents can buy Thermo Fisher Scientific 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 Thermo Fisher Scientific 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 Thermo Fisher Scientific and place an order
Find Thermo Fisher Scientific by name or by its ticker, TMO, and choose an order type. Thermo Fisher Scientific trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Thermo Fisher Scientific 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 Thermo Fisher Scientific 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.Dividend tax explained
FAQs
Can Indian residents buy Thermo Fisher Scientific stock?
Yes. Thermo Fisher Scientific (TMO) has been listed on the Toronto Stock Exchange since 2025, in the Medical - Diagnostics & Research 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 Thermo Fisher Scientific share cost in rupees?
One Thermo Fisher Scientific share is CA$23.19 — about ₹1,582 at a CAD/INR rate of 68.23 on 8 Oct 2026. Both the Thermo Fisher Scientific 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 Thermo Fisher Scientific 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 Thermo Fisher Scientific 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 Thermo Fisher Scientific price. Paasa issues a capital-gains statement for your return.
Does Thermo Fisher Scientific pay a dividend, and how is it taxed in India?
Yes. Thermo Fisher Scientific pays a dividend — the most recent was CA$0.02 per share, about ₹1.14. Dividends are taxed at your slab rate in India. Paasa's dividend report covers each payment.
When can I trade Thermo Fisher Scientific 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.
Is Thermo Fisher Scientific a Canada company, and does that change how it is taxed?
Thermo Fisher Scientific trades on the Toronto Stock Exchange in CAD, but the company is domiciled in United States. Thermo Fisher Scientific trades as an ordinary share listed directly in Canada, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Thermo Fisher Scientific 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 Thermo Fisher Scientific holding, its cost and its closing value.
How do I sell Thermo Fisher Scientific 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 Thermo Fisher Scientific?
Yes. Thermo Fisher Scientific 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.