ReNew Energy Global Plc (RNW)
Market Cap | 2.40B |
Revenue (ttm) | 95.18B |
Net Income (ttm) | 3.03B |
Shares Out | 365.31M |
EPS (ttm) | 4.73 |
PE Ratio | 1.39 |
Forward PE | 127.82 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 400,555 |
Open | 6.41 |
Previous Close | 6.44 |
Day's Range | 6.29 - 6.58 |
52-Week Range | 4.04 - 6.90 |
Beta | 0.77 |
Analysts | Strong Buy |
Price Target | 8.95 (+36.02%) |
Earnings Date | Nov 20, 2023 |
About RNW
ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and se... [Read more]
Financial Performance
In 2022, RNW's revenue was $89.31 billion, an increase of 29.07% compared to the previous year's $69.20 billion. Losses were -$4.82 billion, -70.04% less than in 2021.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for RNW stock is "Strong Buy." The 12-month stock price forecast is $8.95, which is an increase of 36.02% from the latest price.
News

ReNew Announces Results for Second Quarter and Half Year Results for Fiscal Year 2024: US$81 million PAT for H1 FY24, Raises EBITDA Guidance for FY24
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #EBITDA--ReNew Energy Global Plc today announced its consolidated unaudited IFRS results for the three-month period ended September 30, 2023.

ReNew Successfully Commissions Its First Interstate Transmission Scheme (ISTS) Project Following Investment From Norfund and KLP
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #CentralTransmissionUtility--ReNew successfully commissions its first Interstate Transmission Scheme (ISTS) project following investment from Norfund and KLP.

ReNew Announces Date and Conference Call Details for Q2 FY 24 Earnings Report
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ConferenceCall--ReNew today announced it will issue its second quarter fiscal year 2024 earnings report before opening of the Nasdaq on November 20, 2023.

ReNew Releases Third Sustainability Report: Driving Decarbonisation
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #CSRprogrammes--ReNew Energy Global Plc today released its Sustainability Report for FY22-23, titled ‘Driving Decarbonisation'.

Spark up your portfolio with the top energy stock: ReNew Energy
The world of energy stocks is going through changes nearly every week. The swings in the price of oil are sending further shocks that investors are only beginning to digest as part of a new normal.

ReNew recognised in Top 15 Climate Tech Companies to Watch
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ClimateTechCompanies--ReNew has been recognised in MIT Technology Review's Top 15 Climate Tech Companies to Watch.

USISPF, ReNew and the Consulate General of India Bring Together Business and Government Leaders to Discuss U.S.- India Climate Partnership
NEW YORK--(BUSINESS WIRE)---- $RNW #ClimatePartnership--USISPF, ReNew and the Consulate General of India bring together business and government leaders to discuss U.S.- India Climate Partnership.

ReNew Announces Clinton Global Initiative Commitment to Business-Driven Clean Energy and Education in India
NEW YORK--(BUSINESS WIRE)---- $RNW #CleanEnergyEducation--ReNew Announces Clinton Global Initiative Commitment to Business-Driven Clean Energy and Education in India.

ReNew Appoints Kailash Vaswani as Chief Financial Officer
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ChiefFinancialOfficer--Following Mr. Upadhye's resignation, Mr. Kailash Vaswani has been appointed as Chief Financial Officer of ReNew with effect from Octob...

ReNew Announces Results for the First Quarter (Q1 FY24) and Fiscal 2024 Ended June 30, 2023
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #FirstQuarter--ReNew Energy Global Plc today announced its consolidated unaudited IFRS results for the three month period ended June 30, 2023.

ReNew Announces Date and Conference Call Details for Q1 FY 24 Earnings Report
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ConferenceCall--ReNew Announces Date and Conference Call Details for Q1 FY 24 Earnings Report.

ReNew Energy Global Plc to hold its second Annual General Meeting on September 12, 2023
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #AGM--ReNew Energy Global Plc to hold its second Annual General Meeting on September 12, 2023.

ReNew Energy Global Plc Files its Annual Report on Form 20-F for Financial Year Ended March 31, 2023
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, 2023.

ReNew and Gentari announce strategic collaboration for 5 GW renewable capacity in India
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #Gentari--ReNew and Gentari announce strategic collaboration for 5 GW renewable capacity in India.

ReNew Announces Appointment of Three Independent Directors
GURGAON, India--(BUSINESS WIRE)---- $RNW #AnnualGeneralMeeting--ReNew announces appointment of three Independent Directors.

ReNew Signs MoUs for INR 640 Billion (~US $7.8 bn) for Green Energy Projects
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #CleanEnergy--ReNew Energy Global Plc announced on Friday that it has signed MoUs worth INR 640 billion with PFC and REC for its green energy projects.

ReNew Announces Results for the Fourth Quarter (Q4 FY23) and Fiscal 2023, both ended March 31, 2023
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #Fiscal2023--ReNew Energy Global Plc today announced its consolidated IFRS results for Q4 FY23 and the fiscal year ended March 31, 2023.

ReNew Announces Date and Conference Call Details for Q4 FY 23 Earnings Report
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #EarningsReport--ReNew Announces Date and Conference Call Details for Q4 FY 23 Earnings Report.

ReNew Raises $400 Million Through Issuance of Green Bonds, Sees Strong Demand From Global Investors
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ReNew--ReNew said on Thursday that its wholly-owned subsidiary, Diamond II Limited, has raised $ 400 million through the issue of senior secured green bonds.

A Green Outlook for ReNew Energy
India is the country with the second-largest population in the world, and it is on track to become the largest. It also currently ranks as the world's third-largest electricity market.

ReNew Ranks Among Top Renewable Power & Utility Companies Globally for ESG, Says Sustainalytics
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ESG--ReNew ranks among top renewable power & utility companies globally for ESG, says Sustainalytics.

ReNew Repays More Than $1 Billion to Offshore Bondholders in FY2023
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #FY2027--ReNew Energy Global Plc announced on Tuesday that it has repaid more than $1 billion to its offshore bondholders in FY 2023.

ReNew Announces Results for the Third Quarter (Q3 FY23) and Nine Months of Fiscal 2023, both ended December 31, 2022
GURUGRAM, India , Feb. 17, 2023 /PRNewswire/ -- ReNew Energy Global Plc ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW), a leading decarbonisation solutions company, today announced its conso...

ReNew recognized as one of the best companies globally for ESG performance by Refinitiv
ReNew's ESG performance rated best among electric utilities & IPPs in India and second globally GURUGRAM, India , Feb. 15, 2023 /PRNewswire/ -- ReNew Energy Global PLC, India's leading renewable energ...

ReNew Announces Date and Conference Call Details for Q3 FY 23 Earnings Report
GURUGRAM, India , Feb. 10, 2023 /PRNewswire/ -- ReNew Energy Global plc ("ReNew") (NASDAQ: RNW) (NASDAQ: RNWWW), India's leading renewable energy company, today announced it will issue its third quart...