Azure Power (AZREF) - Market capitalization

Market cap: ₹4.16 Billion

As of January 2025 Azure Power has a market cap of ₹4.16 Billion. This makes Azure Power the world's 9584th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Azure Power from 2016 to 2025

End of year Market Cap

Year	Marketcap	Change
2025	₹4.16 B	278.34%
2024	₹1.10 B	-83.51%
2023	₹6.67 B	-70.82%
2022	₹22.88 B	-64.95%
2021	₹65.29 B	-54.54%
2020	₹143.62 B	236.1%
2019	₹42.73 B	64.95%
2018	₹25.90 B	9.96%
2017	₹23.56 B	-21.31%
2016	₹29.93 B

End of Day market cap according to different sources

On Jan 18th, 2025 the market cap of Azure Power was reported to be:

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
PNM Resources PNM	₹326.09 B	7,728.96%	🇺🇸 USA
Pinnacle West Capital PNW	₹852.61 B	20,369.63%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Azure Power (AZREF)

Market cap: ₹4.16 Billion