Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Azure Power Global (AZRE) stock

Learn how to easily invest in Azure Power Global stock.

Azure Power Global Limited
NYSE: AZRE - USD
UTILITIES-RENEWABLE
$24.80
-$1.51 (-5.74%)

Azure Power Global Limited is an utilities-renewable business based in the US. Azure Power Global shares (AZRE) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in Azure Power Global

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – AZRE – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Azure Power Global stock price (NYSE: AZRE)

Use our graph to track the performance of AZRE stocks over time.

Azure Power Global shares at a glance

Information last updated 2021-07-16.
Latest market close$20.81
52-week range$18.01 - $53.60
50-day moving average $23.51
200-day moving average $29.38
Wall St. target price$42.25
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.11

Buy Azure Power Global shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
Get one free stock worth up to $1,000
Open an account
A free way to invest in stocks, ETFs and crypto.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $3.00 and $300 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
$0
Stocks, ETFs
N/A
$0 per month
Download and sign up with Public.com; approved accounts receive a free stock slice worth up to $70, selected from 9 popular stocks.
Open an account
Commission-free trading in stocks and ETFs with a social networking twist.
Robinhood
$0
Stocks, Options, ETFs
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Moomoo
$0 for US stocks
Stocks, Options, ETFs
$0
$0 per year
N/A
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Azure Power Global stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Azure Power Global price performance over time

Historical closes compared with the close of $20.81 from 2021-05-28

1 week (2021-07-12) N/A
1 month (2021-06-23) -12.49%
3 months (2021-04-19) N/A
6 months (2021-01-19) N/A
1 year (2020-07-19) N/A
2 years (2019-07-19) N/A
3 years (2018-07-19) N/A
5 years (2016-07-19) N/A

Is Azure Power Global under- or over-valued?

Valuing Azure Power Global stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Azure Power Global's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Azure Power Global's EBITDA

Azure Power Global's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $11 billion.

The EBITDA is a measure of a Azure Power Global's overall financial performance and is widely used to measure a its profitability.

Azure Power Global financials

Revenue TTM $15.2 billion
Operating margin TTM 51.1%
Gross profit TTM $14 billion
Return on assets TTM 3.46%
Return on equity TTM -16.26%
Profit margin -27.61%
Book value $503.20
Market capitalisation $1.1 billion

TTM: trailing 12 months

Shorting Azure Power Global shares

There are currently 1.7 million Azure Power Global shares held short by investors – that's known as Azure Power Global's "short interest". This figure is 27.2% up from 1.3 million last month.

There are a few different ways that this level of interest in shorting Azure Power Global shares can be evaluated.

Azure Power Global's "short interest ratio" (SIR)

Azure Power Global's "short interest ratio" (SIR) is the quantity of Azure Power Global shares currently shorted divided by the average quantity of Azure Power Global shares traded daily (recently around 380822.55125285). Azure Power Global's SIR currently stands at 4.39. In other words for every 100,000 Azure Power Global shares traded daily on the market, roughly 4390 shares are currently held short.

However Azure Power Global's short interest can also be evaluated against the total number of Azure Power Global shares, or, against the total number of tradable Azure Power Global shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Azure Power Global's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Azure Power Global shares in existence, roughly 30 shares are currently held short) or 0.1196% of the tradable shares (for every 100,000 tradable Azure Power Global shares, roughly 120 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Azure Power Global.

Find out more about how you can short Azure Power Global stock.

Azure Power Global share dividends

We're not expecting Azure Power Global to pay a dividend over the next 12 months.

Azure Power Global share price volatility

Over the last 12 months, Azure Power Global's shares have ranged in value from as little as $18.0101 up to $53.5999. A popular way to gauge a stock's volatility is its "beta".

AZRE.US volatility(beta: 0.75)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Azure Power Global's is 0.7482. This would suggest that Azure Power Global's shares are less volatile than average (for this exchange).

Azure Power Global overview

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 Global Limited was founded in 2008 and is based in New Delhi, India. .

Frequently asked questions

What percentage of Azure Power Global is owned by insiders or institutions?
Currently 6.23% of Azure Power Global shares are held by insiders and 98.64% by institutions.
When does the fiscal year end for Azure Power Global?
Azure Power Global's fiscal year ends in March.
Where is Azure Power Global based?
Azure Power Global's address is: Southern Park, New Delhi, India, 110017
What is Azure Power Global's ISIN number?
Azure Power Global's international securities identification number is: MU0527S00004
What is Azure Power Global's CUSIP number?
Azure Power Global's Committee on Uniform Securities Identification Procedures number is: V0393H103

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site