ReNew Energy Global plc (RNW)

NASDAQ: RNW · IEX Real-Time Price · USD
5.95
-0.07 (-1.16%)
Oct 3, 2022 4:00 PM EDT - Market closed
-1.16%
Market Cap 2.38B
Revenue (ttm) 77.40B
Net Income (ttm) -20.27B
Shares Out 399.18M
EPS (ttm) -0.56
PE Ratio n/a
Forward PE 31.25
Dividend $0.23 (3.95%)
Ex-Dividend Date n/a
Volume 696,707
Open 6.05
Previous Close 6.02
Day's Range 5.40 - 6.05
52-Week Range 5.06 - 10.85
Beta n/a
Analysts Buy
Price Target 12.21 (+105.2%)
Earnings Date Nov 14, 2022

About RNW

ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through Wind Power and Solar Power segments. It develops, builds, owns, and operates utility scale wind and solar energy projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company also provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. As of Mar... [Read more...]

Industry Utilities-Renewable
Founded 2011
Employees 1,675
Stock Exchange NASDAQ
Ticker Symbol RNW
Full Company Profile

Financial Performance

In 2021, RNW's revenue was $69.20 billion, an increase of 26.98% compared to the previous year's $54.49 billion. Losses were -$16.08 billion, 105.6% more than in 2020.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for RNW stock is "Buy." The 12-month stock price forecast is 12.21, which is an increase of 105.21% from the latest price.

Price Target
$12.21
(105.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

7 Solar Stocks to Sell Heading Into Q4

Given recent developments, you may be wondering why today we are talking about solar stocks to sell rather than buy. Between the incentives provided by the Inflation Reduction Act and the energy crisis ...

3 weeks ago - InvestorPlace

ReNew Power Announces Results for the First Quarter of Fiscal Year 2023 (Q1 FY23), ended June 30, 2022

GURUGRAM, India , Aug. 18, 2022 /PRNewswire/ -- ReNew Energy Global Plc ("ReNew" or "the Company") (Nasdaq: RNW, RNWWW), India's leading renewable energy company in terms of total commissioned capacity,...

1 month ago - PRNewsWire

ReNew ties-up US$ 1-billion ECB consortium loan for largest single-project funding in Indian RE sector

Oversubscribed 1.4X, highlighting ReNew's strong financial profile Consortium of 12 international lenders, including seven first-time project lenders to ReNew Largest renewable project with 1,300-MW cap...

1 month ago - PRNewsWire

ReNew Announces Date and Conference Call Details for Q1 FY 23 Earnings Report

GURUGRAM, India , Aug. 12, 2022 /PRNewswire/ -- ReNew Energy Global plc ("ReNew" or "the Company") (Nasdaq: RNW) (Nasdaq: RNWWW), India's leading renewable energy company, today announced it will issue ...

1 month ago - PRNewsWire

ReNew Energy Global Plc files its Annual Report on Form 20-F for Financial Year ended March 31, 2022

GURUGRAM, India , July 27, 2022 /PRNewswire/ -- ReNew Energy Global Plc ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW) announced that it has filed its annual report on form 20-F for the financ...

2 months ago - PRNewsWire

ReNew Becomes First Indian Renewable Energy Company To Refinance Dollar-Denominated Bonds

Refinancing slashes interest cost by 200 basis points Redeems US$ 525 million of outstanding bonds through longer-term financing GURUGRAM, India , July 12, 2022 /PRNewswire/ -- ReNew Energy Global plc (...

2 months ago - PRNewsWire

ReNew Energy Global Plc to hold its first Annual General Meeting on August 19, 2022

GURUGRAM, India , July 11, 2022 /PRNewswire/ -- ReNew Energy Global Plc ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW) today announced that it will hold its first Annual General Meeting (AGM) ...

2 months ago - PRNewsWire

ReNew Announces Results for the Fourth Quarter (Q4 FY22) and Fiscal Year 2022, both ended March 31, 2022

GURUGRAM, India , June 14, 2022 /PRNewswire/ -- ReNew Energy Global plc ("ReNew" or "the Company") (Nasdaq: RNW, RNWWW), India's leading renewable energy company, today announced its consolidated result...

3 months ago - PRNewsWire

ReNew Announces Date and Conference Call Details for Q4 FY22 Earnings Report

GURUGRAM, India , June 8, 2022 /PRNewswire/ -- ReNew Energy Global plc ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW), India's leading renewable energy company, today announced it will issue i...

3 months ago - PRNewsWire

ReNew adds over 700 MW taking total portfolio to ~12.8 GW

Signed definitive agreements to acquire over 500 MW of operating wind and solar assets Inks Power Purchase Agreement ("PPA") for 200 MW solar project with Maharashtra State Electricity Distribution Comp...

4 months ago - PRNewsWire

ReNew appoints new CFO

-  Also brings in new General Counsel, Chief Growth Officer -  Comes on back of total portfolio crossing 12 GW and strategic tie-ups in green hydrogen and battery storage GURUGRAM, India , May 10, 2022 ...

4 months ago - PRNewsWire

ReNew's total portfolio rises close to 20% to over 12 GW

1.5 GW of solar Power Purchase Agreements ("PPAs") signed since March 2022 with utilities, mainly SECI (1.4 GW), with projects to be located in Rajasthan 0.5 GW of long-term agreements signed with corpo...

5 months ago - PRNewsWire

IndianOil, L&T and ReNew to form JV for development of Green Hydrogen Business

GURUGRAM, India , April 3, 2022 /PRNewswire/ -- In a bid to enable India's decarbonization push, Indian Oil Corporation Ltd., (IndianOil), the country's top refiner and fuel retailer, Larsen & Toubro (L...

5 months ago - PRNewsWire

ReNew Power Announces Results for the Third Quarter (Q3 FY22) and Nine Months of Fiscal 2022, both ended December 31,...

GURUGRAM, India, Feb. 24, 2022 /PRNewswire/ -- ReNew Energy Global plc ("ReNew" or "the Company") (Nasdaq: RNW), India's leading renewable energy company, today announced its consolidated results for Q3...

7 months ago - PRNewsWire

ReNew Announces Date and Conference Call Details for Q3 FY 22 Earnings Report

GURGAON, India, Feb. 18, 2022 /PRNewswire/ -- ReNew Energy Global plc ("ReNew" or "the Company") (Nasdaq: RNW, RNWWW), India's leading renewable energy company, today announced it will issue its third q...

7 months ago - PRNewsWire

ReNew Announces $250 million share buyback and Preliminary Results for Q3 FY'22

GURGAON, India, Feb. 2, 2022 /PRNewswire/ -- ReNew Energy Global plc ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW), India's leading renewable energy company, today announced that its Board of...

8 months ago - PRNewsWire

ReNew Power Sells Rooftop Portfolio

GURUGRAM, India, Jan. 27, 2022 /PRNewswire/ -- ReNew Power ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW), India's leading renewable energy company, today announced that it has sold 117 MW/138...

8 months ago - PRNewsWire

Fluence and ReNew to set up local joint venture to boost energy storage sector in India

GURGAON, India and ARLINGTON, Va., Jan. 20, 2022 /PRNewswire/ -- Fluence, a global market leader in energy storage products, services, and digital applications for renewables and storage, and ReNew Powe...

8 months ago - PRNewsWire

ReNew raises $400 million by issuing Green Bonds

GURUGRAM, India, Jan. 7, 2022 /PRNewswire/ -- ReNew Energy Global Plc ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW), India's leading renewable energy company, today announced that India Clean...

8 months ago - PRNewsWire

ReNew reaches 7.4 GW of operating renewable energy capacity in surge of on-ground additions

GURUGRAM, India, Dec. 21, 2021 /PRNewswire/ -- ReNew Power ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW), India's leading renewable energy company, today announced it has commissioned the 300...

9 months ago - PRNewsWire

ReNew receives carbon neutral status

GURGAON, India, Dec. 7, 2021 /PRNewswire/ -- ReNew Energy Global PLC (NASDAQ: RNW, RNWWW) announced that it has been verified as carbon neutral for its operations, which encompasses over 100 sites acros...

9 months ago - PRNewsWire

L&T and ReNew announce partnership to focus on the Green Hydrogen business in India

MUMBAI, India and GURGAON, India, Dec. 2, 2021 /PRNewswire/ -- Larsen & Toubro (L&T), India's leading engineering conglomerate, and ReNew Power ("ReNew") (NASDAQ: RNW) (NASDAQ: RNWWW) India's leading re...

10 months ago - PRNewsWire

ReNew rated among top 10 renewable power companies globally by Sustainalytics on ESG

GURGAON, India, Nov. 30, 2021 /PRNewswire/ -- ReNew Energy Global plc ("ReNew" or "the Company") (NASDAQ: RNW), today announced that it was ranked in the top 10 renewable power companies among 78 compan...

10 months ago - PRNewsWire

ReNew Energy Global will play a 'central role' in India's energy transition: CEO

Sumant Sinha of ReNew Energy Global discusses the company's M&A plans, saying he is confident that India can lift its renewable energy's share up to 50% by 2030.

10 months ago - CNBC International TV

ReNew Power Announces Results for the Second Quarter (Q2 FY22) and First Half of Fiscal 2022, both ended September 30...

LONDON, Nov. 17, 2021 /PRNewswire/ -- ReNew Energy Global plc ("ReNew Power"), India's leading renewable energy company, today announced its consolidated results for the Q2 FY22 and H1 FY22. Operating H...

10 months ago - PRNewsWire