ReNew Energy Global Plc (RNW)
| Market Cap | 2.18B |
| Revenue (ttm) | 1.18B |
| Net Income (ttm) | 45.97M |
| Shares Out | 373.04M |
| EPS (ttm) | 0.10 |
| PE Ratio | 56.66 |
| Forward PE | 92.83 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 394,016 |
| Open | 5.89 |
| Previous Close | 5.93 |
| Day's Range | 5.71 - 5.94 |
| 52-Week Range | 4.78 - 7.79 |
| Beta | 0.91 |
| Analysts | Strong Buy |
| Price Target | 8.96 (+53.29%) |
| Earnings Date | Jun 4, 2024 |
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 numbers in INR Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for RNW stock is "Strong Buy." The 12-month stock price forecast is $8.96, which is an increase of 53.29% from the latest price.
News
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.
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.
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.
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.
ReNew Announces Results for the Third Quarter and Nine Months of Fiscal Year 2024: Increases the bottom end of Adjusted EBITDA guidance for FY24 by 2%
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #IFRS--ReNew Energy Global Plc today announced its unaudited consolidated IFRS results for Q3 FY24 and nine months ended December 31, 2023.
ReNew Announces Date and Conference Call Details for Q3 FY 24 Earnings Report
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #Nasdaq--ReNew will issue its third quarter (October-December 2023) fiscal year 2024 earnings report before the Nasdaq opens on February 20, 2024.
ReNew Refinances US$ 325 Million Debt Three Months Ahead of Maturity
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #IndiaGreenEnergy--ReNew Energy Global plc on Friday announced the refinancing of Non-Convertible Debentures (NCDs) worth INR 23,910 million.
ReNew Signs Contract to Sell 300 MW Solar Project at a Valuation of $199 Million
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #IndiaGridTrust--ReNew announced on Monday that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan.
COP28 Presidency Recognises ReNew as Clean Energy Transition Changemaker
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #COP28--ReNew's Round-the-Clock Power Project was felicitated at a dedicated ceremony at Expo City Dubai.
ReNew Signs MoU with Asian Development Bank for US$ 5.3 billion
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ADB--The MoU was signed at COP28 by ReNew Chairman Sumant Sinha & Suzanne Gaboury, ADB Director General, Private Sector Operations.
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'.
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.