Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of renewable energy projects in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2021, the company operated 45 utility scale projects with a combined rated capacity of 1,990 MWs. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.
IPO Year: 2016
Exchange: NYSE
Website: azurepower.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/2/2022 | $34.00 → $5.00 | Outperform → Sector Perform | RBC Capital Mkts |
8/30/2022 | $22.00 → $5.00 | Outperform → Underperform | Credit Suisse |
3/3/2022 | $39.00 → $34.00 | Outperform | RBC Capital |
9/7/2021 | $27.50 | Hold → Buy | HSBC Securities |
9/1/2021 | $53.00 → $40.00 | Buy | Roth Capital |
9/1/2021 | $37.00 → $30.00 | Overweight | Barclays |
6-K - Azure Power Global Ltd (0001633438) (Filer)
6-K - Azure Power Global Ltd (0001633438) (Filer)
6-K - Azure Power Global Ltd (0001633438) (Filer)
6-K - Azure Power Global Ltd (0001633438) (Filer)
6-K - Azure Power Global Ltd (0001633438) (Filer)
6-K - Azure Power Global Ltd (0001633438) (Filer)
25-NSE - Azure Power Global Ltd (0001633438) (Subject)
6-K - Azure Power Global Ltd (0001633438) (Filer)
20-F - Azure Power Global Ltd (0001633438) (Filer)
6-K - Azure Power Global Ltd (0001633438) (Filer)
RBC Capital Mkts downgraded Azure Power from Outperform to Sector Perform and set a new price target of $5.00 from $34.00 previously
Credit Suisse downgraded Azure Power from Outperform to Underperform and set a new price target of $5.00 from $22.00 previously
RBC Capital reiterated coverage of Azure Power Global with a rating of Outperform and set a new price target of $34.00 from $39.00 previously
HSBC Securities upgraded Azure Power from Hold to Buy and set a new price target of $27.50
Roth Capital reiterated coverage of Azure Power Global with a rating of Buy and set a new price target of $40.00 from $53.00 previously
Barclays reiterated coverage of Azure Power Global with a rating of Overweight and set a new price target of $30.00 from $37.00 previously
Barclays reiterated coverage of Azure Power Global with a rating of Overweight and set a new price target of $37.00 from $45.00 previously
RBC Capital initiated coverage of Azure Power Global with a rating of Outperform and set a new price target of $42.00
Barclays reiterated coverage of Azure Power Global with a rating of Overweight and set a new price target of $45.00 from $35.00 previously
NEW DELHI, July 13, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE:AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced change in its independent registered public accounting firm. Appointment of ASA & Associates LLP On July 12, 2023, the Company's Board approved the appointment of ASA & Associates LLP ("ASA") as an independent public accounting firm registered with the Public Company Accounting Oversight Board ("PCAOB"), for the Company's US GAAP consolidated financial statements for the fiscal year ended March 31, 2022 ("Fiscal 2022"), pursuant to the resignation of S.R. Batliboi & Co. LLP. Duri
NEW DELHI, June 16, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE: AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced two changes to its Board of Directors. Mr. Richard Payette, FCPA, GCB.D, will join the Board as an Independent non-executive Director on the Company's Board effective July 1, 2023. Mr. Payette is a business leader with over four decades of experience in management of global companies and accounting and audit matters. He currently serves as a director of Export Dev
NEW DELHI, May 3, 2023 /PRNewswire/ -- Azure Power Global Limited (NYSE:AZRE) ("Azure" or the "Company") today announced the appointment of a new Chief Executive Officer (CEO) and Group Chief Financial Officer (CFO). Appointment of Sunil Gupta as CEO Sunil Gupta will join the Company as CEO on July 10, 2023, replacing the acting CEO, Rupesh Agrawal, who will be leaving at that time to pursue other opportunities. Sunil will also become Managing Director of the Company's subsidiary, Azure Power India Private Limited. Sunil brings deep leadership experience in the renewables sector and a strong track record of building renewable energy businesses. Prior to Azure, Sunil was the Head – South East
NEW DELHI, March 31, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE:AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced two changes in its Board of Directors. Gowtamsingh (Vikash) Dabee joined as an Independent Non-Executive Director on the Company's Board effective March 30, 2023. Mr. Dabee has over 25 years of experience as a professional accountant in public practice and industry in Mauritius, Africa, and the Middle East. Mr Dabee is a Partner of GD Riches Chartered Accountants
NEW DELHI, Feb. 15, 2023 /PRNewswire/ -- Azure Power Global Limited (NYSE:AZRE) ("Azure" or the "Company") today announced that it received a letter from the New York Stock Exchange (the "NYSE") on February 14, 2023, notifying that the NYSE's Listings Operations Committee agreed to provide the Company with an additional trading period through July 15, 2023, subject to reassessment on an ongoing basis, to complete and file the Company's annual report on Form 20-F for the fiscal year ended March 31, 2022 (the "2022 Annual Report") with the U.S. Securities and Exchange Commission (the "SEC") and any subsequent delayed filings pursuant to the NYSE's late filer rules outlined in Section 802.01E o
NEW DELHI, Feb. 10, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE:AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced appointment of Mr. Jean-François Boisvenu as an Independent Non-Executive Director based in Mauritius on the Company's Board effective February 08, 2023. This appointment expands the Board to eleven directors, all of whom are Non-Executive and a majority of whom are independent directors. Mr. Boisvenu has extensive experience in corporate and commercial matters, wi
NEW DELHI, Oct. 3, 2022 /PRNewswire/ -- Azure Power (NYSE:AZRE) ("Azure" or "the Company"), a leading sustainable energy solutions provider and renewable power producer in India announced that it has been awarded the prestigious Golden Peacock Award for Sustainability for the year 2022, by the Awards Jury under the Chairmanship of Hon'ble Justice M. N. Venkatachaliah, former Chief Justice of India; former Chairman, National Human Rights Commission of India and National Commission for Constitution of India Reforms. Established for over 30 years, the Golden Peacock Awards, is one of the most coveted awards and is regarded as a benchmark of Corporate Excellence worldwide. It has earned credibi
NEW DELHI, Sept. 30, 2022 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure Power") (NYSE:AZRE), a leading sustainable energy solutions provider and renewable power producer in India, announced that it held its 2022 Annual Meeting of Shareholders on September 30, 2022 at its New Delhi office. Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders (i) re-appointed Ernst & Young ("EY Mauritius") as the independent auditor of the Company (the "Auditor") for the fiscal year ending March 31, 2023, (ii) re-elected Mr. Deepak Malhotra as the Company's director, (iii) re-elected Mr. M. S. Unnikrishnan as the Company's director, (iv) ra
NEW DELHI, Sept. 30, 2022 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure Power") (NYSE:AZRE), a leading sustainable energy solutions provider and renewable power producer in India, today announced the appointment of Mr. Sugata Sircar as an Independent non-executive Director on the Company's Board effective October 01, 2022. This appointment expands the Board to ten directors, all of whom are non-executive and five of whom are independent directors. Mr. Sircar has over 32 years of experience in energy & automation, chemicals, textiles, tyres, FMCG and city
NEW DELHI, Sept. 21, 2022 /PRNewswire/ -- Azure Power (NYSE:AZRE) ("Azure" or "the Company"), a leading sustainable energy solutions provider and renewable power producer in India, announced Ms. Shweta Srivastava as its Chief Human Resource Officer (CHRO). In her new role, Shweta will be responsible for leading human resource strategy in support of the overall business plan and strategic direction of the Company, specifically in the areas of succession planning, talent management, change management, organizational and performance management, training and development, and compensation. Shweta joins Azure from Vedanta Ltd, one of the world's leading oil & gas and metals company, where she serv
NEW DELHI, July 13, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE:AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced change in its independent registered public accounting firm. Appointment of ASA & Associates LLP On July 12, 2023, the Company's Board approved the appointment of ASA & Associates LLP ("ASA") as an independent public accounting firm registered with the Public Company Accounting Oversight Board ("PCAOB"), for the Company's US GAAP consolidated financial statements for the fiscal year ended March 31, 2022 ("Fiscal 2022"), pursuant to the resignation of S.R. Batliboi & Co. LLP. Duri
NEW DELHI, May 3, 2023 /PRNewswire/ -- Azure Power Global Limited (NYSE:AZRE) ("Azure" or the "Company") today announced the appointment of a new Chief Executive Officer (CEO) and Group Chief Financial Officer (CFO). Appointment of Sunil Gupta as CEO Sunil Gupta will join the Company as CEO on July 10, 2023, replacing the acting CEO, Rupesh Agrawal, who will be leaving at that time to pursue other opportunities. Sunil will also become Managing Director of the Company's subsidiary, Azure Power India Private Limited. Sunil brings deep leadership experience in the renewables sector and a strong track record of building renewable energy businesses. Prior to Azure, Sunil was the Head – South East
NEW DELHI, March 31, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE:AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced two changes in its Board of Directors. Gowtamsingh (Vikash) Dabee joined as an Independent Non-Executive Director on the Company's Board effective March 30, 2023. Mr. Dabee has over 25 years of experience as a professional accountant in public practice and industry in Mauritius, Africa, and the Middle East. Mr Dabee is a Partner of GD Riches Chartered Accountants
NEW DELHI, Feb. 10, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE:AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced appointment of Mr. Jean-François Boisvenu as an Independent Non-Executive Director based in Mauritius on the Company's Board effective February 08, 2023. This appointment expands the Board to eleven directors, all of whom are Non-Executive and a majority of whom are independent directors. Mr. Boisvenu has extensive experience in corporate and commercial matters, wi
NEW DELHI, Sept. 30, 2022 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure Power") (NYSE:AZRE), a leading sustainable energy solutions provider and renewable power producer in India, announced that it held its 2022 Annual Meeting of Shareholders on September 30, 2022 at its New Delhi office. Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders (i) re-appointed Ernst & Young ("EY Mauritius") as the independent auditor of the Company (the "Auditor") for the fiscal year ending March 31, 2023, (ii) re-elected Mr. Deepak Malhotra as the Company's director, (iii) re-elected Mr. M. S. Unnikrishnan as the Company's director, (iv) ra
NEW DELHI, Sept. 30, 2022 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure Power") (NYSE:AZRE), a leading sustainable energy solutions provider and renewable power producer in India, today announced the appointment of Mr. Sugata Sircar as an Independent non-executive Director on the Company's Board effective October 01, 2022. This appointment expands the Board to ten directors, all of whom are non-executive and five of whom are independent directors. Mr. Sircar has over 32 years of experience in energy & automation, chemicals, textiles, tyres, FMCG and city
NEW DELHI, Sept. 21, 2022 /PRNewswire/ -- Azure Power (NYSE:AZRE) ("Azure" or "the Company"), a leading sustainable energy solutions provider and renewable power producer in India, announced Ms. Shweta Srivastava as its Chief Human Resource Officer (CHRO). In her new role, Shweta will be responsible for leading human resource strategy in support of the overall business plan and strategic direction of the Company, specifically in the areas of succession planning, talent management, change management, organizational and performance management, training and development, and compensation. Shweta joins Azure from Vedanta Ltd, one of the world's leading oil & gas and metals company, where she serv
NEW DELHI, Aug. 29, 2022 /PRNewswire/ -- Azure Power Global Limited (NYSE:AZRE) today announced the resignation of its Chief Executive Officer, Mr. Harsh Shah, effective immediately. Alan Rosling, Chairman of the Board, said, "The Board has accepted Harsh's resignation with deep regret. He joined us only from 1 July 2022 and we hoped that Harsh would be the leader to take the Company forward. However, we respect this unexpected decision and wish him and his family all the best for the future." Harsh added, "The Indian renewable energy sector is thriving with a great potential to play a leadership role in energy transition globally. Azure is certainly placed very well to seize the big growth
NEW DELHI, Aug. 23, 2022 /PRNewswire/ -- Azure Power Global Limited ("Azure Power" or the "Company") (NYSE:AZRE), a leading sustainable energy solutions provider and renewable power producer in India, today announced that it will hold its Annual Meeting of shareholders at the Company's office on 5th Floor, Southern Park, D-II, Saket Place, Saket, New Delhi-110017, India at 3 p.m. (IST) on September 30, 2022. The Company will propose at the Annual Meeting the (i) re-appointment of Ernst & Young ("EY Mauritius") as the independent auditor of the Company (the "Auditor") for the fiscal year ending March 31, 2023 and fix their remuneration, (ii) re-election of Mr. Deepak Malhotra as a Company's d
NEW DELHI, Aug. 1, 2022 /PRNewswire/ -- Azure Power (NYSE:AZRE) ("Azure" or "the Company"), a leading sustainable energy solutions provider and renewable power producer in India, today announced the joining of Mr. Rupesh Agarwal as Chief Strategy & Commercial Officer. Mr. Agarwal brings over two decades of leadership experience in asset development and strategy consulting; advising leading utilities and private equity investors on developing and managing their cleantech investments. Prior to Azure Power, he has held leadership positions at Convergence Energy Services; Governme
NEW DELHI, Aug. 29, 2022 /PRNewswire/ -- Azure Power Global Limited (NYSE:AZRE) ("Azure" or the "Company") today announced the appointment of Mr. Rupesh Agarwal as its Acting Chief Executive Officer ("CEO"). Mr. Agarwal takes over from Mr. Harsh Shah who has resigned as CEO with immediate effect. The Board will consider appointment of a new permanent CEO in due course. Mr. Agarwal, who joined the Company earlier this month as Chief Strategy & Commercial Officer after a period of acting as a Consultant to the Board, brings over two decades of leadership experience in asset development and strategy consulting, advising leading utilities and private equity investors on developing and managing t
NEW DELHI, Feb. 24, 2022 /PRNewswire/ -- Azure Power (NYSE:AZRE), a leading independent sustainable energy solutions provider and power producer in India, will report financial results for the third quarter fiscal 2022 ended December 31, 2021, after the market closes on Friday, February 25, 2022. The Company will host a conference call to discuss results on Monday, February 28, 2022, at 8:30 a.m. US Eastern Time. Investors may access a live webcast of this conference call by visiting http://investors.azurepower.com/events-and-presentations. Participants are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to
NEW DELHI, Dec. 10, 2021 /PRNewswire/ -- December 10, 2021: Azure Power, a leading renewable power producer in India, reported financial results for the fiscal second quarter ended September 30, 2021 after the market close on Friday, December 10, 2021. The Company will host a conference call to discuss results on Monday, December 13, 2021 at 8:30 a.m. US Eastern Time. Investors may access a live webcast of this conference call by visiting http://investors.azurepower.com/events-and-presentations. Participants are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate access to the call. Pre-registr
EBENE, Mauritius, Dec. 10, 2021 /PRNewswire/ -- Azure Power Global Limited (NYSE:AZRE), a leading independent renewable power producer in India, today announced its consolidated results under United States Generally Accepted Accounting Principles ("GAAP") for the fiscal second quarter 2022, period ended September 30, 2021. Fiscal Second Quarter 2022 Period ended September 30, 2021 Operating Highlights: Megawatts ("MW") Operating* were 2,210 MWs, as of September 30, 2021, an increase of 31% over September 30, 2020. Operating, Contracted & Awarded MWs* were 6,955 MWs, as of September 30, 2021. Contracted & Awarded megawatts included 4,000 MWs for which we had received Letters of Award ("LOA")
EBENE, Mauritius, Dec. 10, 2021 /PRNewswire/ -- Azure Power Global Limited (NYSE:AZRE), a leading independent renewable power producer in India, today announced its consolidated results under United States Generally Accepted Accounting Principles ("GAAP") for the fiscal second quarter 2022, period ended September 30, 2021. Fiscal Second Quarter 2022 Period ended September 30, 2021 Operating Highlights: Megawatts ("MW") Operating* were 2,210 MWs, as of September 30, 2021, an increase of 31% over September 30, 2020. Operating, Contracted & Awarded MWs* were 6,955 MWs, as of September 30, 2021. Contracted & Awarded megawatts included 4,000 MWs for which we had received Letters of Award ("LOA")
Canadian Pension Plan Accelerates Sustainable Investing MomentumOMERS Infrastructure Portfolio Marks Fourth Renewables Deal of 2021 NEW YORK and TORONTO, Nov. 02, 2021 (GLOBE NEWSWIRE) -- OMERS Infrastructure today announced that it has signed an agreement with a fund managed by Ares Management Corporation to acquire 100% of Navisun LLC, an independent distributed generation solar power producer. Navisun acquires, co-develops, constructs, finances, owns and operates distributed and small utility-scale solar and storage projects throughout the United States. "We are pleased to announce our investment in Navisun and look forward to working with founders John Malloy and Doug Johnsen and the
EBENE, Mauritius, Aug. 30, 2021 /PRNewswire/ -- Azure Power Global Limited (NYSE:AZRE), a leading independent renewable power producer in India, today announced its consolidated results under United States Generally Accepted Accounting Principles ("GAAP") for the fiscal first quarter 2022 ended June 30, 2021. Fiscal First Quarter 2022 ended June 30, 2021 Operating Highlights: Megawatts ("MW") Operating* were 2,052 MWs, as of June 30, 2021, an increase of 23% over June 30, 2020. Operating, Contracted & Awarded MWs* were 6,955 MWs, as of June 30, 2021. Contracted & Awarded megawatts include 4,000 MWs for which we have received Letters of Award ("LOA") but the Power Purchase Agreements ("PP
NEW DELHI, Aug. 27, 2021 /PRNewswire/ -- Azure Power, a leading renewable power producer in India, will report financial results for the fiscal first quarter ended June 30, 2021 after the market closes on Monday, August 30, 2021. The Company will host a conference call to discuss results on Tuesday, August 31, 2021 at 8:30 a.m. US Eastern Time. Investors may access a live webcast of this conference call by visiting http://investors.azurepower.com/events-and-presentations. Participants are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate access to the call. Pre-registration may be completed
SC 13G/A - Azure Power Global Ltd (0001633438) (Subject)
SC 13D/A - Azure Power Global Ltd (0001633438) (Subject)
SC 13G/A - Azure Power Global Ltd (0001633438) (Subject)
SC 13D/A - Azure Power Global Ltd (0001633438) (Subject)
SC 13D/A - Azure Power Global Ltd (0001633438) (Subject)
SC 13D/A - Azure Power Global Ltd (0001633438) (Subject)
SC 13D/A - Azure Power Global Ltd (0001633438) (Subject)
SC 13D/A - Azure Power Global Ltd (0001633438) (Subject)
SC 13D/A - Azure Power Global Ltd (0001633438) (Subject)
SC 13D - Azure Power Global Ltd (0001633438) (Subject)
Azure Power Global Limited (the "Company" or "Azure") (NYSE:AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced change in its independent registered public accounting firm. Appointment of ASA & Associates LLP On July 12, 2023, the Company's Board approved the appointment of ASA & Associates LLP ("ASA") as an independent public accounting firm registered with the Public Company Accounting Oversight Board ("PCAOB"), for the Company's US GAAP consolidated financial statements for the fiscal year ended March 31, 2022 ("Fiscal 2022"), pursuant to the resignation of S.R. Batliboi & Co. LLP. During the Company's two most recent fisc
U.S. stocks traded slightly higher midway through trading, with Dow Jones gaining around 20 points on Friday. The Dow traded up 0.06% to 34,428.13 while the NASDAQ rose 0.05% to 13,789.23. The S&P 500, also rose, gaining, 0.19% to 4,434.03. Check This Out: FedEx Likely To Report Lower Q4 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts Leading and Lagging Sectors Utilities shares jumped by 1.1% on Friday. Meanwhile, top gainers in the sector included ReNew Energy Global Plc (NASDAQ:RNW), up 4%, and Azure Power Global Limited (NYSE:AZRE), up 3%. In trading on Friday, materials shares fell by 0.3%. Top Headline Adobe Inc. (NASDAQ:ADBE) reported
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping around 100 points on Friday. The Dow traded down 0.43% to 33,164.71 while the NASDAQ fell 0.82% to 12,227.60. The S&P 500, also fell, dropping, 0.60% to 4,105.64. Check This Out: Top 5 Industrials Stocks That May Explode In Q2 Leading and Lagging Sectors Utilities shares rose by 0.3% on Friday. Meanwhile, top gainers in the sector included Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS), up 7%, and Azure Power Global Limited (NYSE:AZRE), up 6%. In trading on Friday, consumer discretionary shares fell 1.2%. Top Headline The total number of active U.S. oil rigs fell by
On Tuesday, 74 companies achieved new lows for the year. Points of Interest From Today's 52-Week Lows: First Majestic Silver (NYSE:AG) was the biggest company in terms of market cap to set a new 52-week low. The smallest company by market cap to hit a new 52-week low was Dunxin Financial Hldgs (AMEX:DXF). Qutoutiao (NASDAQ:QTT) made the largest move down on the session, with shares plummeting 57.39% to reach its 52-week low. Angel Oak Financial (NYSE:FINS)'s stock rebounded the most, as it traded up 0.0% after dropping to a new 52-week low. The stocks that set new 52-week lows on Tuesday: First Majestic Silver (NYSE:AG) stock dropped to a yearly low on Tuesday of $5.56. Shares
Thursday's session saw 337 companies set new 52-week lows. Areas of Significance In Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Toronto-Dominion Bank (NYSE:TD). Jaguar Health (NASDAQ:JAGX) was the smallest firm on a market cap basis to set a new 52-week low. LivePerson (NASDAQ:LPSN)'s stock came under the most pressure, trading down 51.89% to reach a new 52-week low. Vertical Aerospace (NYSE:EVTL)'s stock showed potential to rebound, rebounding up 0.0% after reaching a new 52-week low. Here are all the stocks that set new 52-week lows on Thursday: Toronto-Dominion Bank (NYSE:TD) stock dropped to a yearly low on Thursday of $56.88. Share
On Friday, 497 companies set new 52-week lows. Noteworthy Mentions In Today's 52-Week Lows: Bank of America (NYSE:BAC) was the biggest company by market cap to set a new 52-week low. SenesTech (NASDAQ:SNES) was the smallest company when considering market cap to set a new 52-week low. Loyalty Ventures (NASDAQ:LYLT) saw the most pronounced move, as shares traded down 47.99% to hit its new 52-week low. Cara Therapeutics (NASDAQ:CARA) shares actually gained 0.0%, rebounding after it reached its 52-week low. Here are all the stocks that set new 52-week lows on Friday: Bank of America (NYSE:BAC) stock broke to a new 52-week low of $28.92 on Friday. Shares of the company traded down
On Monday, 36 companies set new 52-week lows. Noteworthy Mentions In Today's 52-Week Lows: The largest company by market cap to hit a new 52-week low was Sirius XM Holdings (NASDAQ:SIRI). The smallest company by market cap to set a new 52-week low was Altamira Therapeutics (NASDAQ:CYTO). China Pharma Holding (AMEX:CPHI) saw the most significant move of the companies, as shares traded down 871.52% to reach its new 52-week low. VEON (NASDAQ:VEON) shares rebounded the highest, with shares trading up 0.0%, bouncing back after reaching its new 52-week low. Stocks dropping to new 52-week lows on Monday: Sirius XM Holdings (NASDAQ:SIRI) shares fell to $4.20 on Monday, setting a new 5
Azure Power Global Limited (NYSE:AZRE) ("Azure" or the "Company") today announced that it received a letter from the New York Stock Exchange (the "NYSE") on February 14, 2023, notifying that the NYSE's Listings Operations Committee agreed to provide the Company with an additional trading period through July 15, 2023, subject to reassessment on an ongoing basis, to complete and file the Company's annual report on Form 20-F for the fiscal year ended March 31, 2022 (the "2022 Annual Report") with the U.S. Securities and Exchange Commission (the "SEC") and any subsequent delayed filings pursuant to the NYSE's late filer rules outlined in Section 802.01E of the NYSE Listed Company Manual. The Co
U.S. stocks traded mostly lower midway through trading, with the Dow Jones dropping over 100 points on Wednesday. The Dow traded down 0.34% to 33,974.46 while the NASDAQ rose 0.22% to 11,986.30. The S&P 500 also fell, dropping, 0.19% to 4,128.13. Check This Out: Check Out 3 High-Yielding Dividend Stocks In Tech & Telecom Sector From Wall Street's Most Accurate Analysts Leading and Lagging Sectors Utilities shares traded fell by just 0.1% on Wednesday. Meanwhile, top gainers in the sector included Azure Power Global Limited (NYSE:AZRE), up 4%, and Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN), up 1.4%. In trading on Wednesday, energy shares dipped by 2.