Logo image of AZRE

AZURE POWER GLOBAL LTD (AZRE) Stock Price, Forecast & Analysis

USA - New York Stock Exchange - NYSE:AZRE - MU0527S00004 - Common Stock

1.69 USD
-0.05 (-2.87%)
Last: 7/12/2023, 8:04:00 PM
1.74 USD
+0.05 (+2.96%)
After Hours: 7/12/2023, 8:04:00 PM

AZRE Key Statistics, Chart & Performance

Key Statistics
Market Cap81.68M
Revenue(TTM)17.58B
Net Income(TTM)-3.01B
Shares48.33M
Float64.13M
52 Week High13.78
52 Week Low1.5
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)0
PEN/A
Fwd PE5888.84
Earnings (Next)07-27 2023-07-27
IPO2016-10-12
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
GICS IndustryGroupUtilities
GICS SubIndustryRenewable Electricity


AZRE short term performance overview.The bars show the price performance of AZRE in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 -20 -40

AZRE long term performance overview.The bars show the price performance of AZRE in the last 1, 2 and 3 years. 1 year 2 years 3 years -20 -40 -60 -80

The current stock price of AZRE is 1.69 USD. In the past month the price decreased by -19.14%. In the past year, price decreased by -84.51%.

AZURE POWER GLOBAL LTD / AZRE Daily stock chart

AZRE Competitors/Peers

The largest stocks on the US markets in the "Renewable Electricity" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
ORA ORMAT TECHNOLOGIES INC 51.99 7.24B
BEPC BROOKFIELD RENEWABLE CORP N/A 6.96B
CWEN CLEARWAY ENERGY INC-C 14.03 6.69B
XIFR XPLR INFRASTRUCTURE LP 1.54 981.05M
MNTK MONTAUK RENEWABLES INC N/A 217.60M
ANNA ALEANNA INC N/A 154.63M
SPRU SPRUCE POWER HOLDING CORP N/A 91.76M

About AZRE

Company Profile

AZRE logo image Azure Power Global Ltd. is a holding company, which engages in the development, production, and sale of solar energy. The company is headquartered in New Delhi, Delhi. The company went IPO on 2016-10-12. The firm is primarily engaged in the development, construction, ownership, operation, maintenance and management of solar power plants. The firm operates through the sale of power segment. The company supplies renewable energy to government utilities and independent industrial and commercial customers at fixed prices. The firm has a renewable energy asset base of over seven gigawatts (GWs) with approximately two GWs of operational capacity and over four GWs of capacity under construction and in the pipeline. The Company’s Solar Power Plant Project has a capacity of approximately 7,425 megawatts. Its portfolio is spread across India, including Rajasthan, Gujarat, Karnataka, Punjab, Andhra Pradesh, Telangana, Uttar Pradesh, Assam, Chhattisgarh, Bihar, Maharashtra and Delhi. The Company’s subsidiaries include Azure Power India Pvt. Ltd. and Azure Power Rooftop Pvt. Ltd.

Company Info

AZURE POWER GLOBAL LTD

5th Floor, Southern Park,D-II, Saket Place, Saket

New Delhi DELHI 110037 IN

CEO: Ranjit Gupta

Employees: 471

AZRE Company Website

Phone: 911149409800.0

AZURE POWER GLOBAL LTD / AZRE FAQ

Can you describe the business of AZURE POWER GLOBAL LTD?

Azure Power Global Ltd. is a holding company, which engages in the development, production, and sale of solar energy. The company is headquartered in New Delhi, Delhi. The company went IPO on 2016-10-12. The firm is primarily engaged in the development, construction, ownership, operation, maintenance and management of solar power plants. The firm operates through the sale of power segment. The company supplies renewable energy to government utilities and independent industrial and commercial customers at fixed prices. The firm has a renewable energy asset base of over seven gigawatts (GWs) with approximately two GWs of operational capacity and over four GWs of capacity under construction and in the pipeline. The Company’s Solar Power Plant Project has a capacity of approximately 7,425 megawatts. Its portfolio is spread across India, including Rajasthan, Gujarat, Karnataka, Punjab, Andhra Pradesh, Telangana, Uttar Pradesh, Assam, Chhattisgarh, Bihar, Maharashtra and Delhi. The Company’s subsidiaries include Azure Power India Pvt. Ltd. and Azure Power Rooftop Pvt. Ltd.


What is the stock price of AZURE POWER GLOBAL LTD today?

The current stock price of AZRE is 1.69 USD. The price decreased by -2.87% in the last trading session.


Does AZRE stock pay dividends?

AZRE does not pay a dividend.


How is the ChartMill rating for AZURE POWER GLOBAL LTD?

AZRE has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 3 out of 10.


What is AZURE POWER GLOBAL LTD worth?

AZURE POWER GLOBAL LTD (AZRE) has a market capitalization of 81.68M USD. This makes AZRE a Micro Cap stock.


Can you provide the upcoming earnings date for AZURE POWER GLOBAL LTD?

AZURE POWER GLOBAL LTD (AZRE) will report earnings on 2023-07-27.


AZRE Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

AZRE Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to AZRE. AZRE has a medium profitability rating, but doesn't score so well on its financial health evaluation.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

AZRE Financial Highlights


Industry RankSector Rank
PM (TTM) N/A
ROA N/A
ROE N/A
Debt/Equity 3.91
Chartmill High Growth Momentum
EPS Q2Q%58.06%
Sales Q2Q%27.24%
EPS 1Y (TTM)126.67%
Revenue 1Y (TTM)20.06%

AZRE Forecast & Estimates

6 analysts have analysed AZRE and the average price target is 4.08 USD. This implies a price increase of 141.42% is expected in the next year compared to the current price of 1.69.

For the next year, analysts expect an EPS growth of 132.45% and a revenue growth 18.19% for AZRE


Analysts
Analysts40
Price Target4.08 (141.42%)
EPS Next Y132.45%
Revenue Next Year18.19%

AZRE Ownership

Ownership
Inst Owners0.63%
Ins OwnersN/A
Short Float %N/A
Short RatioN/A