Azure Power (AZREF) - Market capitalization

Market cap: C$57.74 Million

As of April 2025 Azure Power has a market cap of C$57.74 Million. This makes Azure Power the world's 9616th 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	C$57.74 M	213.54%
2024	C$18.41 M	-82.69%
2023	C$0.10 B	-71.65%
2022	C$0.37 B	-66.44%
2021	C$1.11 B	-55.35%
2020	C$2.50 B	219.94%
2019	C$0.78 B	55.07%
2018	C$0.50 B	8.79%
2017	C$0.46 B	-21.65%
2016	C$0.59 B

End of Day market cap according to different sources

On Apr 24th, 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	C$5.21 B	8,933.41%	🇺🇸 USA
Pinnacle West Capital PNW	C$15.59 B	26,905.35%	🇺🇸 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: C$57.74 Million