| Azure Power Global is a holding company. Through its subsidiaries, Co. is engaged in the development, construction, ownership, operation, maintenance and management of renewable energy assets based on long-term contracts (Power Purchase Agreements) with Indian Government energy distribution companies as well as other Indian non-governmental energy distribution companies and Indian commercial customers. The AZRE average annual return since 2016 is shown above.
The Average Annual Return on the AZRE average annual return since 2016 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether AZRE average annual return since 2016 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the AZRE average annual return calculation with any dividends reinvested as applicable (on ex-dates).