ReNew Energy Global/RNW

$5.61

-4.1%
-
1D1W1MYTD1YMAX

About ReNew Energy Global

ReNew Energy Global Plc is a United Kingdom-based company. The Company is a utility-scale renewable energy solutions providers in India. It operates wind, solar, and hydro energy projects. It provides clean energy solutions and value-added energy offerings through digitalization, storage, and carbon market services. It carries out business activities relating to the generation of power through non-conventional and renewable energy sources through ReNew Power Private Limited and its subsidiaries. It has primarily two reportable segments, namely wind power and solar power. Its wind power segment operates utility-scale wind energy projects in India and solar power segment operates its utility-scale and distributed solar energy projects in India. Other operations of the Company primarily include the sale of electricity from Hydro power and construction and maintenance of transmission lines. It offers a total commissioned capacity of 7.98 GW and an additional 5.72 GW of committed capacity.

Ticker

RNW

Sector

Utilities

Trading on

NASDAQ

Industry

Electric Utilities

CEO

Sumant Sinha

Employees

2,481

Headquarters

London, United Kingdom

RNW Metrics

BasicAdvanced
$2.18B
Market cap
47.38
P/E ratio
$0.12
EPS
-
Beta
-
Dividend rate
$2.18B
$7.79
$4.78
587.84K
0.852
0.841
535.544
633.489
1.13%
0.45%
3.61%
0.55%
47.379
2.102
1.872
2.745
23.86%
130.83%
17.34%

What the Analysts think about RNW

Analyst Ratings

Majority rating from 7 analysts.
Buy

Price Targets

Average projection from 7 analysts.
55.44% upside
High $10.00
Low $7.36
$5.61
Current price
$8.72
Average price target

RNW Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-20.1% profit margin
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
₹15.99B
-38.38%
Net income
₹-3.22B
-185.28%
Profit margin
-20.1%
-238.43%

RNW Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 33.55%
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
-
$0.09
$0.11
-$0.10
-
Expected
-$0.09
$0.06
$0.02
-$0.15
-$0.05
Surprise
-
58.38%
595.76%
-33.55%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for ReNew Energy Global stock?

ReNew Energy Global (RNW) has a market cap of $2.18B as of April 14, 2024.

What is the P/E ratio for ReNew Energy Global stock?

The price to earnings (P/E) ratio for ReNew Energy Global (RNW) stock is 47.38 as of April 14, 2024.

Does ReNew Energy Global stock pay dividends?

No, ReNew Energy Global (RNW) stock does not pay dividends to its shareholders as of April 14, 2024.

When is the next ReNew Energy Global dividend payment date?

ReNew Energy Global (RNW) stock does not pay dividends to its shareholders.

What is the beta indicator for ReNew Energy Global?

ReNew Energy Global (RNW) does not currently have a Beta indicator.

What is the ReNew Energy Global stock price target?

The target price for ReNew Energy Global (RNW) stock is $8.72, which is 55.44% above the current price of $5.61. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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