|Bid||0.00 x 800|
|Ask||0.00 x 1100|
|Day's range||22.64 - 23.70|
|52-week range||18.19 - 53.60|
|Beta (5Y monthly)||0.74|
|PE ratio (TTM)||N/A|
|Earnings date||08 Nov 2021 - 12 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||36.75|
Azure Power Global's (AZRE) fiscal Q1 revenues of $59.7 million surpass the Zacks Consensus Estimate by 3.1% and increase 13% year over year
A copy of the press release and the presentation are available on the Investors section of Azure Power's website at azurepower.com. With me today are Ranjit Gupta, CEO; Murali Subramanian, COO; and Pawan Agrawal, CFO.
Up until today, the dog days of summer had taken a pretty sizable bite out of shares of Azure Power (NYSE: AZRE), an independent renewable power utility located in India, with the stock plummeting more than 25% from the start of August through yesterday. Powering the surge in the stock's rise today, Azure Power reported first-quarter 2022 results yesterday after the market closed. Azure Power reported that the operating capacity of its portfolio at the end of Q1 2022 was 2,052 megawatts, a 23% year-over-year increase, and it seems poised to continue growing in the months to come.