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).
(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.
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
|
|
62
|
|
90
|
|
100
|
|
|
2. CEMIG (XL, BR) Electric Utilities
|
|
2. CEMIG (XL, BR) Electric Utilities
|
94
|
|
82
|
|
72
|
|
98
|
|
|
3. Enel Chile (XL, CL) Electric Utilities
|
|
3. Enel Chile (XL, CL) Electric Utilities
|
72
|
|
46
|
|
80
|
|
86
|
|
|
4. Manila Electric (XL, PH) Electric Utilities
|
|
4. Manila Electric (XL, PH) Electric Utilities
|
48
|
|
92
|
|
56
|
|
80
|
|
|
5. Gail (XXL, IN) Gas Utilities
|
|
5. Gail (XXL, IN) Gas Utilities
|
58
|
|
68
|
|
70
|
|
80
|
|
|
6. Brazilian Electric (XL, BR) Electric Utilities
|
|
6. Brazilian Electric (XL, BR) Electric Utilities
|
66
|
|
60
|
|
68
|
|
78
|
|
|
7. YTL (XL, MY) Multi-Utilities
|
|
7. YTL (XL, MY) Multi-Utilities
|
60
|
|
70
|
|
44
|
|
70
|
|
|
8. SABESP (XL, BR) Water Utilities
|
|
8. SABESP (XL, BR) Water Utilities
|
30
|
|
86
|
|
50
|
|
64
|
|
|
9. Torrent Power (XL, IN) Electric Utilities
|
|
9. Torrent Power (XL, IN) Electric Utilities
|
8
|
|
100
|
|
48
|
|
56
|
|
|
10. Tenaga Nasional (XL, MY) Electric Utilities
|
|
10. Tenaga Nasional (XL, MY) Electric Utilities
|
40
|
|
94
|
|
16
|
|
52
|
|
January 23, 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. Ambuja Cements (XL, IN) Construction Materials
|
|
1. Ambuja Cements (XL, IN) Construction Materials
|
47
|
|
65
|
|
93
|
|
99
|
|
|
2. Maruti Suzuki (XXL, IN) Automobile Manufacturers
|
|
2. Maruti Suzuki (XXL, IN) Automobile Manufacturers
|
83
|
|
59
|
|
77
|
|
98
|
|
|
3. SBI Life Insurance (XXL, IN) Life & Health Insurance
|
|
3. SBI Life Insurance (XXL, IN) Life & Health Insurance
|
24
|
|
72
|
|
87
|
|
97
|
|
|
4. HDFC Life Insurance (XL, IN) Life & Health Insurance
|
|
4. HDFC Life Insurance (XL, IN) Life & Health Insurance
|
20
|
|
80
|
|
100
|
|
96
|
|
|
5. ICICI Prudential Life Insurance (XL, IN) Life & Health Insurance
|
|
5. ICICI Prudential Life Insurance (XL, IN) Life & Health Insurance
|
14
|
|
80
|
|
100
|
|
92
|
|
|
6. Petronet LNG (XL, IN) Oil & Gas Transportation
|
|
6. Petronet LNG (XL, IN) Oil & Gas Transportation
|
31
|
|
99
|
|
88
|
|
92
|
|
|
7. Hindustan Aeronautics (XL, IN) Aerospace & Defense
|
|
7. Hindustan Aeronautics (XL, IN) Aerospace & Defense
|
31
|
|
77
|
|
100
|
|
91
|
|
|
8. Canara Bank (XL, IN) Diversified Banks
|
|
8. Canara Bank (XL, IN) Diversified Banks
|
69
|
|
65
|
|
69
|
|
89
|
|
|
9. Cipla (XL, IN) Pharmaceuticals
|
|
9. Cipla (XL, IN) Pharmaceuticals
|
67
|
|
37
|
|
91
|
|
87
|
|
|
10. Tech Mahindra (XL, IN) IT Consulting & oth. Services
|
|
10. Tech Mahindra (XL, IN) IT Consulting & oth. Services
|
55
|
|
94
|
|
49
|
|
86
|
|
January 23, 2025
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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
|
70
|
|
48
|
|
88
|
|
90
|
|
|
2. Malakoff (L, MY) Power Producers & Traders
|
|
2. Malakoff (L, MY) Power Producers & Traders
|
76
|
|
84
|
|
28
|
|
76
|
|
|
3. Engie Energía Perú (M, PE) Power Producers & Traders
|
|
3. Engie Energía Perú (M, PE) Power Producers & Traders
|
88
|
|
18
|
|
64
|
|
66
|
|
|
4. Electricity Generating (L, TH) Power Producers & Traders
|
|
4. Electricity Generating (L, TH) Power Producers & Traders
|
82
|
|
38
|
|
44
|
|
60
|
|
|
5. Energy Absolute (L, TH) Renewable Electricity
|
|
5. Energy Absolute (L, TH) Renewable Electricity
|
100
|
|
3
|
|
37
|
|
41
|
|
|
6. Ratch Group (L, TH) Power Producers & Traders
|
|
6. Ratch Group (L, TH) Power Producers & Traders
|
80
|
|
24
|
|
18
|
|
32
|
|
|
7. Global Power Synergy (L, TH) Power Producers & Traders
|
|
7. Global Power Synergy (L, TH) Power Producers & Traders
|
54
|
|
14
|
|
50
|
|
28
|
|
|
8. Eneva (L, BR) Power Producers & Traders
|
|
8. Eneva (L, BR) Power Producers & Traders
|
44
|
|
56
|
|
10
|
|
20
|
|
|
9. B.Grimm Power (L, TH) Power Producers & Traders
|
|
9. B.Grimm Power (L, TH) Power Producers & Traders
|
50
|
|
4
|
|
36
|
|
8
|
|
|
10. Engie Brasil Energia (L, BR) Renewable Electricity
|
|
10. Engie Brasil Energia (L, BR) Renewable Electricity
|
52
|
|
12
|
|
14
|
|
6
|
|
January 23, 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
|
77
|
|
97
|
|
89
|
|
100
|
|
|
2. Sumitomo Chemical India (M, IN) Fertilizers & Agricultural Chemicals
|
|
2. Sumitomo Chemical India (M, IN) Fertilizers & Agricultural Chemicals
|
14
|
|
100
|
|
93
|
|
97
|
|
|
3. Honeywell Automation India (M, IN) Electronic Equipment
|
|
3. Honeywell Automation India (M, IN) Electronic Equipment
|
33
|
|
85
|
|
90
|
|
94
|
|
|
4. Exide Industries (L, IN) Auto Parts & Equipment
|
|
4. Exide Industries (L, IN) Auto Parts & Equipment
|
79
|
|
89
|
|
43
|
|
92
|
|
|
5. Eicher Motors (L, IN) Motorcycle Manufacturers
|
|
5. Eicher Motors (L, IN) Motorcycle Manufacturers
|
61
|
|
87
|
|
54
|
|
90
|
|
|
6. Zydus (L, IN) Pharmaceuticals
|
|
6. Zydus (L, IN) Pharmaceuticals
|
63
|
|
49
|
|
79
|
|
89
|
|
|
7. Escorts (L, IN) Agricultural Machinery
|
|
7. Escorts (L, IN) Agricultural Machinery
|
29
|
|
77
|
|
99
|
|
89
|
|
|
8. Atul (M, IN) Diversified Chemicals
|
|
8. Atul (M, IN) Diversified Chemicals
|
44
|
|
87
|
|
67
|
|
89
|
|
|
9. Coromandel International (L, IN) Fertilizers & Agricultural Chemicals
|
|
9. Coromandel International (L, IN) Fertilizers & Agricultural Chemicals
|
70
|
|
67
|
|
58
|
|
88
|
|
|
10. MakeMyTrip (M, IN) Hotels, Resorts & Cruise Lines
|
|
10. MakeMyTrip (M, IN) Hotels, Resorts & Cruise Lines
|
1
|
|
100
|
|
96
|
|
88
|
|
January 23, 2025
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