Equities researchers at StockNews.com began protection on shares of Azure Energy World (NYSE:AZRE – Get Rating) in a analysis be aware issued on Monday. The agency set a “promote” score on the power firm’s inventory.
Azure Energy World Inventory Efficiency
Azure Power Global stock opened at $4.31 on Monday. The agency has a 50 day shifting common value of $5.24 and a two-hundred day shifting common value of $7.59. The agency has a market cap of $208.32 million, a price-to-earnings ratio of -5.01 and a beta of 0.72. Azure Energy World has a 52-week low of $3.26 and a 52-week excessive of $21.53.
Institutional Traders Weigh In On Azure Energy World
A number of hedge funds and different institutional buyers have just lately modified their holdings of AZRE. Caisse DE Depot ET Placement DU Quebec raised its holdings in shares of Azure Energy World by 41.2% in the course of the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 34,258,963 shares of the power firm’s inventory valued at $805,096,000 after buying an extra 9,999,691 shares within the final quarter. Invesco Ltd. boosted its place in shares of Azure Energy World by 2.9% in the course of the first quarter. Invesco Ltd. now owns 2,592,541 shares of the power firm’s inventory valued at $43,139,000 after shopping for an extra 73,694 shares over the past quarter. Franklin Assets Inc. boosted its place in shares of Azure Energy World by 3.5% in the course of the second quarter. Franklin Assets Inc. now owns 1,333,115 shares of the power firm’s inventory valued at $15,197,000 after shopping for an extra 44,700 shares over the past quarter. State Road Corp boosted its place in Azure Energy World by 7.9% within the third quarter. State Road Corp now owns 834,702 shares of the power firm’s inventory price $4,624,000 after buying an extra 61,381 shares over the past quarter. Lastly, BlackRock Inc. raised its stake in shares of Azure Energy World by 41.5% within the first quarter. BlackRock Inc. now owns 786,841 shares of the power firm’s inventory price $13,093,000 after shopping for an extra 230,882 shares in the course of the interval.
Azure Energy World Firm Profile
Azure Energy World Restricted operates as unbiased sustainable power options supplier and energy producer in India. It builds and operates grid-scale photo voltaic, wind, and hybrid initiatives; and provides generated renewable energy to authorities utilities, and unbiased industrial and business clients on long run fastened value contracts.
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