How to Invest in Walmart Inc. Stock from India: A Complete Guide

Walmart’s story began with Sam Walton. Walton, with an entrepreneurial spirit, prioritised giving customers excellent value at affordable prices. In 1950, Walton opened Walton’s 5 & 10 in Bentonville, Arkansas, which laid the foundation for what would become Walmart. His philosophy was simple: keep costs low, pass the savings to customers, and build loyalty through affordable offerings.

In 1962, he opened the first official Walmart store in Rogers, Arkansas. When competitors are solely focused on urban areas, Walton focuses on rural communities. Given the preference, by the 1970s, Walmart had expanded across the South, and by the 1980s, it had become the largest retailer in the United States.

Fun Fact: It runs in 19 countries under different names, such as Asda in the UK (until 2021) and Seiyu in Japan.

Today, as of November 2025, Walmart has an enterprise value of USD 872.64 billion. The company is listed on the New York Stock Exchange under the ticker symbol ‘WMT.’ In the span of five years, the Walmart share price has surged by 104.2%.

About Walmart Inc.

Ever since its start, Walmart has developed into a multinational retail leader. It manages both in-store and online operations, along with membership services, catering to about 270 million weekly customers. Walmart’s business is divided into three major segments: Walmart US, Walmart International, and Sam’s Club.

Did you know? Walmart’s mobile app is one of the most downloaded shopping apps in the US.

Let’s move to the financials: 

• Walmart Inc. recorded a gross profit of USD 169,232 million in 2025, rising by USD 11,249 million from the year before.
• The net profit, after accounting for extraordinary items and discontinued operations, was USD 20,157 million.
• In 2025, Walmart paid a dividend of USD 0.830 per share, up from USD 0.760 in 2024.

Although Walmart commands a strong foothold in the US market, the company faces competition from Amazon, Costco, Kroger, Target, and Home Depot. Amazon leads in e-commerce, while Costco is the leader in the membership warehouse model. Kroger remains a grocery powerhouse, while Target competes in general merchandise, benefiting from strong brand loyalty. Home Depot dominates home improvement retail.

Steps to Invest in Walmart Shares from India

You can invest in Walmart shares in the following two ways:

Direct Investment

In this, you can directly acquire the shares of listed US companies such as Walmart. As of November 2025, the share price of Walmart is USD 102, which translates to around ₹9,000. You can obtain fractional ownership by investing as little as USD 1 with Vested.

Indirect Investment

If you are looking for diversification, instead of holding just Walmart stock, you can invest in mutual funds and exchange-traded funds (ETFs) that hold Walmart in their portfolio. Vested also allows for indirect investment.

Can Indians Invest in Walmart Stock?

Yes, resident Indians can invest in US-listed stocks. Under the Liberalised Remittance Scheme (LRS) introduced by the Reserve Bank of India (RBI), the maximum you can invest in a financial year is USD 250,000. This amount includes remittances made towards education, travel, or gifts.

Also, investment in US stocks can be made either through Indian brokers that have partnerships with US firms or through international brokerage platforms.

If you are looking for a hassle-free investment in US-listed stocks, turn to Vested. To start, submit your KYC documents, link your Indian bank account, and fund the platform, where the Indian currency will be automatically converted into USD. That’s it, you can start investing in US shares, including Walmart. 

Did you know? In the US, 90% of people live within 10 miles of a Walmart store.

How to Buy Walmart Stock on Vested (Step-by-Step)

Here is how to buy Walmart shares from India:  

• Step 1: Visit the Play Store or App Store, depending on your phone, and download the Vested app. You can also sign up directly on the website.
• Step 2:  Share your details and upload scanned copies of your PAN card and other ID proofs to complete the KYC.
• Step 3: After online verification, link your bank account to the Vested app and fund your account. The app will convert your deposits into USD as per the RBI’s LRS rules.
• Step 4: Go to the search bar and type ‘WMT.’ The details of Walmart stock will appear on your screen. 
• Step 5: Scroll the screen, click on the ‘Buy’ option, and then enter the amount. Since Vested permits fractional ownership, you can enter any amount you wish to invest. Once done, confirm your order.
• Step 6: Re-login, and the details of your investment will appear at the top. 

How to Sell Walmart Stock

Selling Walmart shares through the Vested platform requires just four simple steps:

• Step 1: Open the Vested App on your smartphone and log in using your credentials. 
• Step 2: Go to your portfolio and tap on ‘WMT’ stocks
• Step 3: Enter the number of shares you wish to redeem. You may also enter the amount in USD you want to withdraw by redeeming your Walmart holdings. 
• Step 4: Click ‘Confirm,’ and the transaction will be reflected in your Vested dashboard within a few seconds.

Note: You can either transfer the amount to your account or keep it in a portal to use for future investments. If you choose to withdraw, the funds may take up to two days to reflect in your Indian Bank account.

Did you know? The company operates the largest private fleet of trucks in the US.

5 Things to Know Before Investing in Walmart Stock

Before you invest in Walmart shares, there are certain investment and taxation rules you must be aware of.

• TCS Collection: If, in the financial year, you have remitted over ₹10 lakhs, the surplus attracts a tax collected at source (TCS) of 20%. To offset this TCS against tax deducted at source (TDS), submit Form 12BAA when filing your Income Tax Return (ITR).
• Taxation: Any gains from selling Walmart or any other US-listed shares attract long-term capital gains tax of 12.5% if the holding period is over 24 months. If sold before 24 months, the gains will be taxed as per your income tax slab.
• Dividend Taxation: The dividend income from Walmart is paid after deducting 25% withholding tax. But as per the provisions of the India-US Double Taxation Avoidance Agreement (DTAA), you can claim foreign tax credit for the same using Form 67. Convert the income into Indian currency using the SBI TT buying rate on the last day of the month preceding the month in which you receive it during ITR filing.
• Mandatory Disclosure: You need to disclose all your investments in foreign countries in Schedule FA of the ITR. Mention the number of shares you hold, the acquisition date, broker details, and profit or loss from each investment. Non-disclosure attracts a penalty under the Black Money Act.
• FEMA Compliance: The Foreign Exchange Management Act (FEMA) states that you can make investments in US stocks only in your own name. Investments in the name of companies, partnership firms, trusts, or Hindu Undivided Families (HUFs) are restricted. You also cannot invest jointly with resident Indians, Non-Resident Indians (NRIs), or foreign nationals.

 

Conclusion 

Investing in Walmart shares or any other listed stock has become easier than ever, and the credit goes to Vested. The platform allows you to have fractional ownership in US stocks starting at USD 1, regardless of the stock price. To begin your investment journey, all you need to do is upload your KYC documents, link your Indian bank account, fund the platform, and that’s all; you are all set now.