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AZRE - Azure Power Global Share Price

$44.34 -0.5  -1.2%

Last Trade - 2:35pm

Sector
Utilities
Size
Mid Cap
Market Cap £1.58bn
Enterprise Value £2.43bn
Revenue £141.9m
Position in Universe 2045th / 6630
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +13.5%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -16.3%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
1,124 2,626 4,183 7,701 9,926 12,958 16,017 21,145 +63.1%
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 September 2020, AzurePower Global Ltd revenues increased 19% to RS7.44B. Netloss decreased 42% to RS327M. Revenues reflect an increasein demand for the Company's products and services due tofavorable market conditions. Lower net loss reflects (Gain)/ Loss on foreign currency exchan decrease of 98% to RS4M(expense). Basic Earnings per Share excluding ExtraordinaryItems increased from -RS13.61 to -RS6.82.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Azure Power Global Limited is an independent solar power producer. It is a developer, constructor and operator of utility scale, micro-grid and rooftop solar projects. It sells solar power solutions to government utilities and independent industrial and commercial customers on long-term fixed price contracts. It had approximately operated over 37 utility scale projects and several commercial rooftop projects with a combined rated capacity of approximately 1,011 megawatts. It services include design, engineering and construction of grid integrated solar installations; off grid solar installations for villages, hamlets and remote areas; turnkey solar installations for commercial and residential complexes on roof tops, and operation and maintenance of solar installations. Its utility projects include Project Punjab, Rajasthan, Delhi, and Gujarat, and commercial projects, include rooftop project and micro-grids installation in Bihar, Uttar Pradesh and other states of India.

Directors
Last Annual March 31st, 2020
Last Interim September 30th, 2020
Incorporated January 30, 2005
Public Since October 12, 2016
No. of Shareholders: n/a
No. of Employees: 605
Sector Utilities
Industry Electric Utilities & IPPs
Index
Exchange New York Stock Exchange
Shares in Issue 48,034,392
Free Float (0.0%)
Eligible for
ISAs
SIPPs
AZRE Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for AZRE
Upcoming Events for AZRE
Tuesday 9th February, 2021 Estimate
Q3 2021 Azure Power Global Ltd Earnings Release
Frequently Asked Questions for Azure Power Global
What is the Azure Power Global share price?

As of 2:35pm, shares in Azure Power Global are trading at $44.34, giving the company a market capitalisation of £1.58bn. This share price information is delayed by 15 minutes.

How has the Azure Power Global share price performed this year?

Shares in Azure Power Global are currently trading at $44.34 and the price has moved by 0.259k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Azure Power Global price has moved by 0.207k% over the past year.

What are the analyst and broker recommendations for Azure Power Global?

Of the analysts with advisory recommendations for Azure Power Global, there are there are currently 1 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Azure Power Global is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Azure Power Global next release its financial results?

Azure Power Global is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-09-30
What is the Azure Power Global dividend yield?

Azure Power Global does not currently pay a dividend.

Does Azure Power Global pay a dividend?

Azure Power Global does not currently pay a dividend.

When does Azure Power Global next pay dividends?

Azure Power Global does not currently pay a dividend.

How do I buy Azure Power Global shares?

To buy shares in Azure Power Global you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Azure Power Global?

Shares in Azure Power Global are currently trading at $44.34, giving the company a market capitalisation of £1.58bn.

Where are Azure Power Global shares listed? Where are Azure Power Global shares listed?

Here are the trading details for Azure Power Global:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: AZRE
What kind of share is Azure Power Global?

Based on an overall assessment of its quality, value and momentum, Azure Power Global is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Azure Power Global share price forecast 2021?

Shares in Azure Power Global are currently priced at $44.34. At that level they are trading at 26.68% premium to the analyst consensus target price of 0.00.

Analysts covering Azure Power Global currently have a consensus Earnings Per Share (EPS) forecast of -17.5152 for the next financial year.

How can I tell whether the Azure Power Global share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Azure Power Global. Over the past six months, the relative strength of its shares against the market has been 88.52%. At the current price of $44.34, shares in Azure Power Global are trading at 78.04% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Azure Power Global PE Ratio?

We were not able to find PE ratio data for Azure Power Global.

Who are the key directors of Azure Power Global?

Azure Power Global's management team is headed by:

Preet Sandhu - EVP
Barney Rush - CHM
Arno Harris - IND
Ranjit Gupta - CEO
Murali Subramanian - PRE
Cyril Cabanes - IND
Pawan Agrawal - CFO
Gaurang Sethi - VPR
Samitla Subba - VPR
Yung Oy Pin Lun Leung - IND
Nathan Judge - DIR
Mili Saxena - DHR
Kuldeep Jain - SVP
M. Unnikrishnan - NED
Who are the major shareholders of Azure Power Global?

Here are the top five shareholders of Azure Power Global based on the size of their shareholding:

Caisse de Depot et Placement du Quebec Pension Fund
Percentage owned: 50.5% (24.3m shares)
Caisse de depot et Placement du Quebec Mutual Fund
Percentage owned: 49.01% (23.5m shares)
IFC Asset Management Company Investment Advisor
Percentage owned: 17.47% (8.39m shares)
Helion Venture Partners, LLC Venture Capital
Percentage owned: 7.13% (3.43m shares)
International Finance Corporation Corporation
Percentage owned: 6.84% (3.28m shares)
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