ReNew Energy Global Plc (RNW)

NASDAQ: RNW · Real-Time Price · USD
6.90
-0.07 (-1.00%)
Dec 20, 2024, 4:00 PM EST - Market closed
-1.00%
Market Cap 2.50B
Revenue (ttm) 998.53M
Net Income (ttm) 23.67M
Shares Out 362.63M
EPS (ttm) 0.05
PE Ratio 127.79
Forward PE 23.07
Dividend n/a
Ex-Dividend Date n/a
Volume 2,323,401
Open 6.97
Previous Close 6.97
Day's Range 6.78 - 7.07
52-Week Range 5.15 - 7.79
Beta 0.96
Analysts Strong Buy
Price Target 9.00 (+30.44%)
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 2 analysts, the average rating for RNW stock is "Strong Buy." The 12-month stock price forecast is $9.0, which is an increase of 30.44% from the latest price.

Price Target
$9.0
(30.44% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

10 days 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 ...

4 weeks 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 ...

4 weeks 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.

4 weeks 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.

5 weeks 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.

5 weeks 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 ...

4 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
4 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.

4 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 ...

4 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.

4 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...

4 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.

4 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.

4 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.

5 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.

5 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...

6 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.

6 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 ...

7 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.

7 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.

7 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.

7 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.

8 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.

8 months ago - Business Wire

ReNew Crosses 10 GW of Gross Renewable Energy Assets

NEW DELHI--(BUSINESS WIRE)---- $RNW #CO2emissions--ReNew announced it has completed construction of 1.94 GW of RE assets in FY24, taking the cumulative capacity set up by the company to over 10 GW.

9 months ago - Business Wire