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Alternative stocks to Azure Power Global (NYSE:AZRE)


These are the alternatives to Azure Power Global that fall within the same industry, Renewable Electricity, or region, India.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

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See Azure Power Global Performance

Azure Power Global stock research in summary

azurepower.com


Azure Power Global shares have a market-typical stock price level. While they are good value, they are riskily financed, and show below average growth. We recommend evaluating whether the future of the company Azure Power Global is typical for this industry which the market average price level of the shares suggests. If you believe that the future of the company is above average, that could be an argument for buying the shares and vice versa.


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Country India
Industry Renewable Electricity
Index
Size class X-Small

Large companies - similar industry as Azure Power Global

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Perusahaan Gas (XL, ID)  Gas Utilities
1. Perusahaan Gas (XL, ID)   Gas Utilities 96 54 92 100
2. CEMIG (XL, BR)  Electric Utilities
2. CEMIG (XL, BR)   Electric Utilities 92 70 70 96
3. Gail (XXL, IN)  Gas Utilities
3. Gail (XXL, IN)   Gas Utilities 58 74 72 88
4. Manila Electric (XL, PH)  Electric Utilities
4. Manila Electric (XL, PH)   Electric Utilities 52 84 58 80
5. Brazilian Electric (XL, BR)  Electric Utilities
5. Brazilian Electric (XL, BR)   Electric Utilities 66 50 68 76
6. YTL (XL, MY)  Multi-Utilities
6. YTL (XL, MY)   Multi-Utilities 64 66 44 72
7. SABESP (XL, BR)  Water Utilities
7. SABESP (XL, BR)   Water Utilities 22 88 52 56
8. Enel Chile (XL, CL)  Electric Utilities
8. Enel Chile (XL, CL)   Electric Utilities 76 8 78 56
9. Neoenergia (XL, BR)  Electric Utilities
9. Neoenergia (XL, BR)   Electric Utilities 98 6 42 48
10. Energisa (XL, BR)  Electric Utilities
10. Energisa (XL, BR)   Electric Utilities 82 36 26 46

November 21, 2024

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It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Azure Power Global

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Ambuja Cements (XL, IN)  Construction Materials
1. Ambuja Cements (XL, IN)   Construction Materials 43 69 97 100
2. Hindustan Aeronautics (XL, IN)  Aerospace & Defense
2. Hindustan Aeronautics (XL, IN)   Aerospace & Defense 39 93 100 100
3. SBI Life Insurance (XL, IN)  Life & Health Insurance
3. SBI Life Insurance (XL, IN)   Life & Health Insurance 25 61 87 97
4. HDFC Life Insurance (XL, IN)  Life & Health Insurance
4. HDFC Life Insurance (XL, IN)   Life & Health Insurance 19 83 100 96
5. ICICI Prudential Life Insurance (XL, IN)  Life & Health Insurance
5. ICICI Prudential Life Insurance (XL, IN)   Life & Health Insurance 15 65 100 92
6. NMDC (XL, IN)  Steel
6. NMDC (XL, IN)   Steel 29 85 94 92
7. Petronet LNG (XL, IN)  Oil & Gas Transportation
7. Petronet LNG (XL, IN)   Oil & Gas Transportation 33 85 88 90
8. Hindalco (XXL, IN)  Aluminum
8. Hindalco (XXL, IN)   Aluminum 83 63 56 90
9. Canara Bank (XXL, IN)  Diversified Banks
9. Canara Bank (XXL, IN)   Diversified Banks 69 73 59 89
10. Gail (XXL, IN)  Gas Utilities
10. Gail (XXL, IN)   Gas Utilities 58 74 72 88

November 21, 2024


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Mid sized companies - similar industry as Azure Power Global

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Colbún (L, CL)  Power Producers & Traders
1. Colbún (L, CL)   Power Producers & Traders 72 38 88 84
2. Malakoff (L, MY)  Power Producers & Traders
2. Malakoff (L, MY)   Power Producers & Traders 80 58 36 72
3. Engie Energía Perú (M, PE)  Power Producers & Traders
3. Engie Energía Perú (M, PE)   Power Producers & Traders 88 12 64 60
4. Electricity Generating (L, TH)  Power Producers & Traders
4. Electricity Generating (L, TH)   Power Producers & Traders 74 40 44 54
5. Energy Absolute (M, TH)  Renewable Electricity
5. Energy Absolute (M, TH)   Renewable Electricity 97 3 37 43
6. Ratch Group (L, TH)  Power Producers & Traders
6. Ratch Group (L, TH)   Power Producers & Traders 76 22 20 28
7. Gulf Energy Development (L, TH)  Power Producers & Traders
7. Gulf Energy Development (L, TH)   Power Producers & Traders 4 94 8 16
8. Global Power Synergy (L, TH)  Power Producers & Traders
8. Global Power Synergy (L, TH)   Power Producers & Traders 38 16 48 10
9. Engie Brasil Energia (L, BR)  Renewable Electricity
9. Engie Brasil Energia (L, BR)   Renewable Electricity 56 34 12 10
10. Eneva (L, BR)  Power Producers & Traders
10. Eneva (L, BR)   Power Producers & Traders 28 64 10 10

November 21, 2024


Mid sized companies - similar region as Azure Power Global

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Zydus (L, IN)  Pharmaceuticals
1. Zydus (L, IN)   Pharmaceuticals 67 53 79 95
2. Sumitomo Chemical India (M, IN)  Fertilizers & Agricultural Chemicals
2. Sumitomo Chemical India (M, IN)   Fertilizers & Agricultural Chemicals 9 100 95 95
3. Exide Industries (L, IN)  Auto Parts & Equipment
3. Exide Industries (L, IN)   Auto Parts & Equipment 75 85 41 94
4. MakeMyTrip (M, IN)  Hotels, Resorts & Cruise Lines
4. MakeMyTrip (M, IN)   Hotels, Resorts & Cruise Lines 1 99 96 90
5. Cholamandalam Financial Holdings (L, IN)  Consumer Finance
5. Cholamandalam Financial Holdings (L, IN)   Consumer Finance 55 99 39 89
6. Atul (M, IN)  Diversified Chemicals
6. Atul (M, IN)   Diversified Chemicals 39 89 67 89
7. Escorts (L, IN)  Agricultural Machinery
7. Escorts (L, IN)   Agricultural Machinery 33 67 99 89
8. ICICI Securities (M, IN)  Investment Banking & Brokerage
8. ICICI Securities (M, IN)   Investment Banking & Brokerage 33 100 53 88
9. Oracle Financial Services Software (M, IN)  Application Software
9. Oracle Financial Services Software (M, IN)   Application Software 27 85 84 88
10. CESC (L, IN)  Electric Utilities
10. CESC (L, IN)   Electric Utilities 48 96 58 86

November 21, 2024



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