Azure Power Global Limited (AZRE)
| Market Cap | 2.21B |
| Revenue (ttm) | 171.86M |
| Net Income (ttm) | -30.09M |
| Shares Out | 43.05M |
| EPS (ttm) | -0.11 |
| PE Ratio | n/a |
| Forward PE | 100.00 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 15 |
| Last Price | $46.05 |
| Previous Close | $48.45 |
| Change ($) | -2.40 |
| Change (%) | -4.95% |
| Day's Open | 48.79 |
| Day's Range | 45.68 - 49.42 |
| Day's Volume | 222,684 |
| 52-Week Range | 11.81 - 49.94 |
Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength have a high chance of carrying the momentum forward.
Does Azure Power (AZRE) have what it takes to be a top stock pick for momentum investors? Let's find out.
Azure Power (AZRE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Renewable energy stocks get a boost from transition into green energy. This calls for investment in SunPower (SPWR), Azure Power (AZRE) and Ameresco (AMRC).
BloombergNEF expects GHG emissions to increase in 2021 but lingering coronavirus disruptions will keep emissions 5% lower than in 2019. Investors can consider buying stocks like SPWR, AMRC, AZ...
Azure Power (AZRE) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
To combat the choppy market conditions, it is of utmost importance to create a portfolio of low-beta stocks.
Azure Power Global Limited (AZRE) CEO Ranjit Gupta on Q2 2021 Results - Earnings Call Transcript
Azure Power (AZRE) delivered earnings and revenue surprises of 58.33% and 7.45%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
EBENE, Mauritius, Nov. 10, 2020 /PRNewswire/ -- Azure Power Global Limited (NYSE: AZRE), a leading independent solar power producer in India, today announced its consolidated results under Uni...
Although stock markets plummeted back in February due to the Covid-19 crisis, major market indexes in the U.S. have not only regained their losses, but soared on to new heights, primarily on t...
NEW DELHI, Oct. 15, 2020 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading solar power producer in India, published its Sustainability Report for 2019-20. Speaking on this occasion, Ranjit G...
NEW DELHI, Oct. 8, 2020 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading solar power producer in India, announced that early stage investor and Board member, Mr. Sanjeev Aggarwal of Helion ...
Top Ranked Momentum Stocks to Buy for September 30th
Factors like higher module efficiency, improved labor productivity and lower supply chain costs lead to decline in value of solar PV modules
NEW DELHI, Sept. 29, 2020 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading independent solar power producer in India, announced that it held its 2020 Annual General Meeting of Shareholders ...
Azure Power (AZRE) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
Azure Power (AZRE) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The push to transition into a greener global economy has spiked demand for renewable energy and related projects. Here are five stocks that can make the most of this change.
Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength have a high chance of carrying the momentum forward.
Rapid increase of corporate investments in solar energy has been one of the key catalysts for solar project completions in the United States.
NEW DELHI, Aug. 21, 2020 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading solar power producer in India, announced that M.S Unnikrishnan, soon retiring-Managing Director and CEO of Thermax ...
NEW DELHI, Aug. 21, 2020 /PRNewswire/ -- Azure Power Global Limited ("Azure Power" or the "Company") (NYSE: AZRE), a leading solar power producer in India, announced that it will hold its annu...
Azure Power Global's (AZRE) fiscal first-quarter revenues increase 16% year over year, driven by the revenue generated from projects which were commissioned after Jun 30, 2019.
Azure Power Global Limited (AZRE) CEO Ranjit Gupta on Q1 2021 Results - Earnings Call Transcript
Azure Power (AZRE) delivered earnings and revenue surprises of 130.43% and 3.37%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
EBENE, Mauritius, Aug. 13, 2020 /PRNewswire/ -- Azure Power Global Limited (NYSE: AZRE), a leading independent solar power producer in India, today announced its consolidated results under Uni...
NEW DELHI, Aug. 13, 2020 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading solar power producer in India, was ranked as the 10th best renewable energy company, or in the top 16th percentile,...
NEW DELHI, Aug. 5, 2020 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading solar power producer in India, announced that Ms.
Azure Power (AZRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In spite of the coronavirus pandemic taking its toll on markets and industries across the globe in 2020, the U.S. Solar market has been moderately impacted compared to other industries.
Underfollowed Azure Power Global Offers Investors Exposure To Dual Powerful Macro Drivers Of India's Development And Increased ESG Investing
NEW DELHI, June 19, 2020 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading solar power producer in India, announced that it has filed its annual report on form 20-F for the fiscal year ended...
Azure Power Global Limited (AZRE) CEO Ranjit Gupta on Q4 2020 Results - Earnings Call Transcript
Azure Power (AZRE) delivered earnings and revenue surprises of 133.33% and 0.62%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
EBENE, Mauritius, June 12, 2020 /PRNewswire/ -- Azure Power Global Limited (NYSE: AZRE), as leading independent solar power producer in India, today announced its consolidated results under Un...
Azure Power (AZRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A gruesome combination of global storage shortage and decline in demand for crude due to the coronavirus outbreak has taken a toll on oil prices.
A gruesome combination of global storage shortage and decline in demand for crude due to the coronavirus outbreak has taken a toll on oil prices.
The Global Solar Power Equipment Market is expected to reach $185.5 billion by 2026 from $77 billion in 2017 at CAGR of 11.58%. Here are five stocks likely to gain.
Azure Power Global Ltd (AZRE) CEO Ranjit Gupta on Q3 2020 Results - Earnings Call Transcript
Azure Power (AZRE) delivered earnings and revenue surprises of -37.50% and -3.51%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Azure Power's (AZRE) fiscal Q3 revenues are expected to have been driven by newly commissioned projects. However, increasing cost of operations might have dragged down earnings.
Azure Power (AZRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Azure Power Global Limited (AZRE) CEO Ranjit Gupta on Q2 2020 Results - Earnings Call Transcript
Azure Power Global's (AZRE) operating expenses surge 45.7% year over year to $20.4 million in the fiscal second quarter on escalated costs of operations, among other factors.
Azure Power (AZRE) delivered earnings and revenue surprises of -725.00% and -7.58%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Azure Power Global's (AZRE) Q2 results are likely to reflect benefits from economies of scale, which in turn, has been bringing down its operating and interest costs.
Azure Power (AZRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The government of India unveils an array of concessions to spur the economy. This in turn will slash most corporate taxes to 22% while new manufacturers will pay even a lower corporate tax rat...
About AZRE
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2020, the company operated 43 utility scale projects and various commercial rooftop projects with a combined rated capacity of 1,808 MW. Azure Power Gl... [Read more...]
| Industry Utilities-Renewable | IPO Date Oct 12, 2016 |
| Stock Exchange NYSE | Ticker Symbol AZRE |
Analyst Forecasts
According to 6 analysts, the average rating for AZRE stock is "Buy." The 12-month stock price forecast is 39.83, which is a decrease of -13.51% from the latest price.