More stocks to consider
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.
How to read the ranks
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.
(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).
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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 show below average growth, and are riskily financed. 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 |
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
|
98
|
|
100
|
|
94
|
|
100
|
|
|
2. CEMIG (XL, BR) Electric Utilities
|
|
2. CEMIG (XL, BR) Electric Utilities
|
92
|
|
82
|
|
70
|
|
98
|
|
|
3. Brazilian Electric (XL, BR) Electric Utilities
|
|
3. Brazilian Electric (XL, BR) Electric Utilities
|
64
|
|
64
|
|
88
|
|
90
|
|
|
4. Manila Electric (XL, PH) Electric Utilities
|
|
4. Manila Electric (XL, PH) Electric Utilities
|
50
|
|
78
|
|
62
|
|
81
|
|
|
5. YTL (XL, MY) Multi-Utilities
|
|
5. YTL (XL, MY) Multi-Utilities
|
74
|
|
60
|
|
45
|
|
70
|
|
|
6. Enel Chile (XL, CL) Electric Utilities
|
|
6. Enel Chile (XL, CL) Electric Utilities
|
68
|
|
32
|
|
79
|
|
70
|
|
|
7. Gail (XXL, IN) Gas Utilities
|
|
7. Gail (XXL, IN) Gas Utilities
|
66
|
|
32
|
|
66
|
|
62
|
|
|
8. SABESP (XL, BR) Water Utilities
|
|
8. SABESP (XL, BR) Water Utilities
|
26
|
|
86
|
|
51
|
|
60
|
|
|
9. Tenaga Nasional (XL, MY) Electric Utilities
|
|
9. Tenaga Nasional (XL, MY) Electric Utilities
|
44
|
|
94
|
|
14
|
|
51
|
|
|
10. Torrent Power (XL, IN) Electric Utilities
|
|
10. Torrent Power (XL, IN) Electric Utilities
|
8
|
|
98
|
|
45
|
|
49
|
|
February 27, 2025
Why popular stocks have low ratings
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. Maruti Suzuki (XXL, IN) Automobile Manufacturers
|
|
1. Maruti Suzuki (XXL, IN) Automobile Manufacturers
|
81
|
|
69
|
|
79
|
|
98
|
|
|
2. SBI Life Insurance (XXL, IN) Life & Health Insurance
|
|
2. SBI Life Insurance (XXL, IN) Life & Health Insurance
|
19
|
|
67
|
|
87
|
|
97
|
|
|
3. Hindalco (XXL, IN) Aluminum
|
|
3. Hindalco (XXL, IN) Aluminum
|
81
|
|
75
|
|
57
|
|
96
|
|
|
4. Ambuja Cements (XL, IN) Construction Materials
|
|
4. Ambuja Cements (XL, IN) Construction Materials
|
49
|
|
51
|
|
98
|
|
96
|
|
|
5. HDFC Life Insurance (XL, IN) Life & Health Insurance
|
|
5. HDFC Life Insurance (XL, IN) Life & Health Insurance
|
21
|
|
85
|
|
100
|
|
96
|
|
|
6. Cipla (XL, IN) Pharmaceuticals
|
|
6. Cipla (XL, IN) Pharmaceuticals
|
57
|
|
55
|
|
88
|
|
92
|
|
|
7. ICICI Prudential Life Insurance (XL, IN) Life & Health Insurance
|
|
7. ICICI Prudential Life Insurance (XL, IN) Life & Health Insurance
|
21
|
|
73
|
|
100
|
|
92
|
|
|
8. Hindustan Aeronautics (XL, IN) Aerospace & Defense
|
|
8. Hindustan Aeronautics (XL, IN) Aerospace & Defense
|
41
|
|
71
|
|
100
|
|
92
|
|
|
9. Petronet LNG (XL, IN) Oil & Gas Transportation
|
|
9. Petronet LNG (XL, IN) Oil & Gas Transportation
|
35
|
|
95
|
|
88
|
|
92
|
|
|
10. Tech Mahindra (XL, IN) IT Consulting & oth. Services
|
|
10. Tech Mahindra (XL, IN) IT Consulting & oth. Services
|
57
|
|
95
|
|
50
|
|
92
|
|
February 27, 2025
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Mid sized companies - similar industry as Azure Power Global
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. Malakoff (L, MY) Power Producers & Traders
|
|
1. Malakoff (L, MY) Power Producers & Traders
|
76
|
|
92
|
|
75
|
|
96
|
|
|
2. Engie Energía Perú (M, PE) Power Producers & Traders
|
|
2. Engie Energía Perú (M, PE) Power Producers & Traders
|
90
|
|
4
|
|
100
|
|
83
|
|
|
3. Colbún (L, CL) Power Producers & Traders
|
|
3. Colbún (L, CL) Power Producers & Traders
|
60
|
|
42
|
|
83
|
|
79
|
|
|
4. Ratch Group (L, TH) Power Producers & Traders
|
|
4. Ratch Group (L, TH) Power Producers & Traders
|
78
|
|
66
|
|
25
|
|
64
|
|
|
5. Global Power Synergy (L, TH) Power Producers & Traders
|
|
5. Global Power Synergy (L, TH) Power Producers & Traders
|
58
|
|
48
|
|
53
|
|
57
|
|
|
6. Electricity Generating (L, TH) Power Producers & Traders
|
|
6. Electricity Generating (L, TH) Power Producers & Traders
|
82
|
|
26
|
|
40
|
|
45
|
|
|
7. Energy Absolute (L, TH) Renewable Electricity
|
|
7. Energy Absolute (L, TH) Renewable Electricity
|
99
|
|
1
|
|
37
|
|
39
|
|
|
8. Eneva (L, BR) Power Producers & Traders
|
|
8. Eneva (L, BR) Power Producers & Traders
|
28
|
|
76
|
|
10
|
|
23
|
|
|
9. B.Grimm Power (L, TH) Power Producers & Traders
|
|
9. B.Grimm Power (L, TH) Power Producers & Traders
|
54
|
|
8
|
|
29
|
|
10
|
|
|
10. Engie Brasil Energia (L, BR) Renewable Electricity
|
|
10. Engie Brasil Energia (L, BR) Renewable Electricity
|
48
|
|
24
|
|
12
|
|
8
|
|
February 27, 2025
Mid sized companies - similar region as Azure Power Global
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. NATCO Pharma (M, IN) Pharmaceuticals
|
|
1. NATCO Pharma (M, IN) Pharmaceuticals
|
85
|
|
67
|
|
94
|
|
100
|
|
|
2. Sumitomo Chemical India (M, IN) Fertilizers & Agricultural Chemicals
|
|
2. Sumitomo Chemical India (M, IN) Fertilizers & Agricultural Chemicals
|
17
|
|
100
|
|
92
|
|
96
|
|
|
3. Coromandel International (L, IN) Fertilizers & Agricultural Chemicals
|
|
3. Coromandel International (L, IN) Fertilizers & Agricultural Chemicals
|
69
|
|
73
|
|
61
|
|
94
|
|
|
4. Motilal Oswal Financial Services (L, IN) Diversified Capital Markets
|
|
4. Motilal Oswal Financial Services (L, IN) Diversified Capital Markets
|
27
|
|
87
|
|
76
|
|
92
|
|
|
5. Eicher Motors (L, IN) Motorcycle Manufacturers
|
|
5. Eicher Motors (L, IN) Motorcycle Manufacturers
|
47
|
|
79
|
|
61
|
|
91
|
|
|
6. Bharat Electronics (L, IN) Aerospace & Defense
|
|
6. Bharat Electronics (L, IN) Aerospace & Defense
|
19
|
|
87
|
|
97
|
|
87
|
|
|
7. Escorts (L, IN) Agricultural Machinery
|
|
7. Escorts (L, IN) Agricultural Machinery
|
27
|
|
73
|
|
98
|
|
86
|
|
|
8. Ajanta Pharma (M, IN) Pharmaceuticals
|
|
8. Ajanta Pharma (M, IN) Pharmaceuticals
|
31
|
|
67
|
|
85
|
|
85
|
|
|
9. Zee Entertainment Enterprises (L, IN) Broadcasting
|
|
9. Zee Entertainment Enterprises (L, IN) Broadcasting
|
85
|
|
47
|
|
94
|
|
85
|
|
|
10. Essel Propack (M, IN) Metal & Glass Containers
|
|
10. Essel Propack (M, IN) Metal & Glass Containers
|
55
|
|
97
|
|
37
|
|
84
|
|
February 27, 2025
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