Azure Power Global Limited operates as an independent sustainable energy solutions provider and power producer in India. The company builds and operates grid-scale solar, wind, and hybrid projects; and supplies generated renewable power to government utilities, and independent industrial and commercial customers on long term fixed price contracts. It has total renewable energy portfolio of approximately 7.4 GWs of which approximately 2.9 GWs operational capacity and 4.5 GWs of capacity under construction and in the pipeline. The company was founded in 2008 and is based in New Delhi, India.
Research context
Azure Power Global Ltd appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Utilities
- Industry
- Electrical Utilities & IPPs
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5 years, 6 months ago
Azure Power Global Limited is currently in a long term downtrend where the price is trading 17.2% below its 200 day moving average.
From a valuation standpoint, the stock is 32.4% cheaper than other stocks from the Utilities sector with a price to sales ratio of 6.5.
Azure Power Global Limited's total revenue rose by 15.5% to $4B since the same quarter in the previous year.
Its net income has increased by 19.2% to $-1B since the same quarter in the previous year.
Finally, its free cash flow fell by 759.5% to $-5B since the same quarter in the previous year.
Based on the above factors, Azure Power Global Limited gets an overall score of 3/5.