ReNew Energy Global Plc (RNW)

NASDAQ: RNW · Real-Time Price · USD
6.78
+0.05 (0.74%)
Jan 17, 2025, 4:00 PM EST - Market closed
0.74%
Market Cap 2.46B
Revenue (ttm) 998.53M
Net Income (ttm) 23.67M
Shares Out 362.63M
EPS (ttm) 0.05
PE Ratio 125.57
Forward PE 23.00
Dividend n/a
Ex-Dividend Date n/a
Volume 764,914
Open 6.78
Previous Close 6.73
Day's Range 6.77 - 6.92
52-Week Range 5.15 - 7.49
Beta 0.90
Analysts Strong Buy
Price Target 8.00 (+17.99%)
Earnings Date Feb 18, 2025

About RNW

ReNew Energy Global Plc, together with its subsidiaries, generates power through non-conventional and renewable energy sources in India. It operates through four segments: Wind Power, Solar Power, Hydro Power, and Transmission Line. The company develops and owns utility scale wind and solar energy projects, wind and solar energy projects, and utility-scale firm power projects. It had a total operational capacity of 9.52 GW, out of which 8.87 GW is commissioned and 650 MW, and an additional 6.1 GW of committed capacity. In addition, the company ... [Read more]

Sector Utilities
Founded 2011
Employees 3,988
Stock Exchange NASDAQ
Ticker Symbol RNW
Full Company Profile

Financial Performance

Financial numbers in INR Financial Statements

Analyst Forecast

According to one analyst, the rating for RNW stock is "Strong Buy" and the 12-month stock price forecast is $8.0.

Price Target
$8.0
(17.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

ReNew Becomes India's Highest-rated Pure-play Renewable Energy Company in S&P Global's Corporate Sustainability Assessment

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #CSA--ReNew Energy Global Plc has secured the highest score for a pure-play renewable energy company in the Indian power sector.

11 days ago - Business Wire

ReNew Energy Global Plc Announces Receipt of Non-Binding Proposal from Masdar, CPP Investments, ADIA and Sumant Sinha and Establishment of a Special Committee

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ADIA--ReNew Energy announces receipt of non-binding proposal from Masdar, CPP Investments, ADIA and Sumant Sinha and establishment of a Special Committee.

5 weeks ago - Business Wire

ReNew Energy Global Still Unloved For No Good Reason

India's renewable energy goal is 500 GW by 2030, with ReNew Energy playing a crucial role, despite market undervaluation. ReNew Energy's Q2 2025 earnings call showed impressive results: 30% growth in ...

2 months ago - Seeking Alpha

ReNew Energy Global Plc (RNW) Q2 2025 Earnings Call Transcript

ReNew Energy Global Plc (NASDAQ:RNW) Q2 2025 Earnings Conference Call November 20, 2024 8:30 AM ET Company Participants Anunay Shahi - Head of Investor Relations Sumant Sinha - Founder, Chairman and ...

2 months ago - Seeking Alpha

ReNew Announces Results for the Second Quarter for Fiscal Year 2025 (Q2 FY25), ended September 30, 2024

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #EBITDAGuidance--ReNew Energy Global Plc today announced its unaudited consolidated IFRS results for the three-month period ended September 30, 2024.

2 months ago - Business Wire

ReNew Founder & CEO Sumant Sinha Recognised as Global Climate Leader in 2024 TIME100 Climate List

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ReNew--ReNew Founder & CEO Sumant Sinha recognised as global climate leader in 2024 TIME100 Climate list.

2 months ago - Business Wire

ReNew Announces Date and Conference Call Details for Second Quarter FY25 Earnings

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #Earnings--ReNew announces date and conference call details for second quarter FY25 earnings.

2 months ago - Business Wire

ReNew Energy's Q1 Snapshot: Strong Winds, Stronger Challenges

ReNew Energy Global Plc, a UK-based firm, focuses on wind and solar power in India, with ancillary services in engineering, procurement, and construction. Despite strong growth potential from India's ...

5 months ago - Seeking Alpha

IdriveAI Launches Its Next Generation Pro7 Dual-Lens Dashcam

SANTA BARBARA, Calif.--(BUSINESS WIRE)-- #AI--IdriveAI is proud to announce the launch of the Pro7, a state-of-the-art dual-camera dashcam designed to enhance vehicle safety and driver monitoring. Fea...

Other symbols: IBKR
5 months ago - Business Wire

ReNew Signs 437.6 MW Green Attribute Contract with Microsoft

NEW DELHI--(BUSINESS WIRE)---- $RNW #Microsoft--ReNew, India's leading renewable energy company, has today announced the signing of a green attribute sale contract of 437.6 MW with Microsoft.

5 months ago - Business Wire

ReNew Energy Global Plc (RNW) Q1 2025 Earnings Call Transcript

ReNew Energy Global Plc (NASDAQ:RNW) Q1 2025 Earnings Conference Call August 16, 2024 8:30 AM ET Company Participants Nathan Judge - Head, IR Sumant Sinha - Founder, Chairman and CEO Kailash Vaswani ...

5 months ago - Seeking Alpha

ReNew Announces Results for the First Quarter for Fiscal Year 2025 (Q1 FY25), ended June 30, 2024 24% surge in operating capacity YoY; reiterates FY25 MW and EBITDA guidance

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #CashFlow--ReNew Energy Global Plc today announced its unaudited consolidated IFRS results for the three-month period ended June 30, 2024.

5 months ago - Business Wire

ReNew Announces Date and Conference Call Details for First Quarter FY25 Earnings

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ConferenceCall--ReNew today announced it will issue its first quarter (April-June) fiscal year 2025 earnings report after the close of Nasdaq on August 15, 2...

5 months ago - Business Wire

ReNew Publishes First Annual Integrated Report Aligned With International Integrated Reporting Standards

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #CleanEnergySolutions--ReNew publishes first Annual Integrated Report aligned with International Integrated Reporting Standards.

6 months ago - Business Wire

ReNew Energy Global Plc to Hold Its Third Annual General Meeting on September 20, 2024

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #AnnualGeneralMeeting--ReNew Energy Global Plc to hold its third Annual General Meeting of shareholders in London, United Kingdom, on September 20, 2024.

6 months ago - Business Wire

ReNew Energy Global Plc files its Annual Report on Form 20-F for Financial Year ended March 31, 2024

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #AnnualReport--ReNew Energy Global Plc announced that it has filed its annual report on form 20-F for the financial year ended March 31, 2024.

6 months ago - Business Wire

ReNew Chairman and CEO Sumant Sinha to Lead Global Climate Action as Alliance Co-Chair

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #AllianceofCEOClimateLeaders--Mr. Sumant Sinha, Chairman and CEO of ReNew, has been named Co-Chair of the Alliance of CEO Climate Leaders.

6 months ago - Business Wire

ReNew Energy Global Emerging As Leader In India's Renewable Transition

ReNew Energy Global is now India's premier large renewables project company. ReNew's focus is on big complex projects; solar/wind/battery projects produce the cheapest power, notwithstanding that they...

7 months ago - Seeking Alpha

ReNew Energy CEO: Modi's new government will be 'as supportive as it has been' for renewable energy

ReNew Energy CEO: Modi's new government will be 'as supportive as it has been' for renewable energy.

8 months ago - CNBC International TV

ReNew Energy Global Plc (RNW) Q4 2024 Earnings Call Transcript

ReNew Energy Global Plc (NASDAQ:RNW) Q4 2024 Earnings Conference Call June 6, 2024 8:00 AM ET Company Participants Nathan Judge - Head, Investor Relations Sumant Sinha - Founder, Chairman, and Chief ...

8 months ago - Seeking Alpha

ReNew Announces Results for the Fourth Quarter and Full Fiscal Year 2024: Reports PAT for FY24 and Provides Long Term Outlook

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #FY24--ReNew Energy Global Plc today announced its unaudited consolidated IFRS results for Q4 FY24 and year ended March 31, 2024.

8 months ago - Business Wire

ReNew Announces Date and Conference Call Details for Fourth Quarter Earnings (Q4 FY24), Fiscal Year 2024 Results and Long-Term Outlook

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ConferenceCall--ReNew announces date and conference call details for fourth quarter earnings (Q4 FY24), fiscal year 2024 results and long-term outlook.

8 months ago - Business Wire

ReNew and Societe Generale sign MoU for USD 1 Billion to broaden collaboration on energy transition projects

NEW DELHI--(BUSINESS WIRE)---- $RNW #Europeanbank--ReNew and Societe Generale sign MoU for USD 1 Billion to broaden collaboration on energy transition projects.

8 months ago - Business Wire

ReNew Signs 2.2 GW of PPAs Boosting its Clean Energy Portfolio to 15.6 GW

GURGAON, India--(BUSINESS WIRE)---- $RNW #CleanEnergy--ReNew, India's leading renewable energy company, has announced the signing of five Power Purchase Agreements totaling ~2.2 GW of RE capacity.

9 months ago - Business Wire

ReNew partners with JERA to evaluate Joint Development of Green Ammonia Project in India

GURGAON, India--(BUSINESS WIRE)---- $RNW #CUF--ReNew partners with JERA to evaluate joint development of Green Ammonia Project in India.

9 months ago - Business Wire