Azure Power Global Limited (AZRE)

Market Cap	159.06M
Revenue (ttm)	235.93M
Net Income (ttm)	-40.40M
Shares Out	70.07M
EPS (ttm)	-0.84
PE Ratio	n/a
Forward PE	4.00
Dividend	n/a
Ex-Dividend Date	n/a

Volume	116,341
Open	2.30
Previous Close	2.28
Day's Range	2.26 - 2.36
52-Week Range	1.62 - 16.20
Beta	0.68
Analysts	Sell
Price Target	4.50 (+98.24%)
Earnings Date	Jun 13, 2023

About AZRE

Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of renewable energy projects 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, 2021, the company operated 45 utility scale projects with a combined rated capacity of 1,990 MWs. Azure Power Global Limited was founded in 2008...

• Industry: Utilities - Renewable
• Sector: Utilities
• IPO Date: Oct 12, 2016
• Employees: 471
• Stock Exchange: NYSE
• Ticker Symbol: AZRE

Financial Performance

In 2021, AZRE's revenue was 15.24 billion, an increase of 17.58% compared to the previous year's 12.96 billion. Losses were -4.21 billion, 85.4% more than in 2020.

Financial numbers in INR

Analyst Forecast

According to 2 analysts, the average rating for AZRE stock is "Sell." The 12-month stock price forecast is $4.5, which is an increase of 98.24% from the latest price.

Price Target

$4.5

(98.24% upside)

Analyst Consensus: Sell