RNW Stock Overview
ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
ReNew Energy Global Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$5.06 |
| 52 Week High | US$6.86 |
| 52 Week Low | US$4.04 |
| Beta | 0.74 |
| 1 Month Change | -15.95% |
| 3 Month Change | -9.80% |
| 1 Year Change | -14.96% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | n/a |
Recent News & Updates
Recent updates
Returns On Capital At ReNew Energy Global (NASDAQ:RNW) Have Hit The Brakes
Sep 08
The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing
May 27ReNew Energy Global (NASDAQ:RNW) Has More To Do To Multiply In Value Going Forward
Feb 07ReNew Energy Global: Big Upside For Participating In Indian Renewables Growth
Oct 19ReNew Energy Global (NASDAQ:RNW) Is Experiencing Growth In Returns On Capital
Oct 18ReNew Energy Global reports Q1 results
Aug 18ReNew Energy Global (NASDAQ:RNW) Is Looking To Continue Growing Its Returns On Capital
Jul 04ReNew: Value-Growth Mix But Not A Buy Yet
Mar 17ReNew Energy Global's (NASDAQ:RNW) Returns On Capital Are Heading Higher
Mar 16Shareholder Returns
| RNW | US Renewable Energy | US Market | |
|---|---|---|---|
| 7D | -10.6% | -7.3% | -0.4% |
| 1Y | -15.0% | -23.5% | 17.5% |
Return vs Industry: RNW exceeded the US Renewable Energy industry which returned -23.5% over the past year.
Return vs Market: RNW underperformed the US Market which returned 17.5% over the past year.
Price Volatility
| RNW volatility | |
|---|---|
| RNW Average Weekly Movement | 6.2% |
| Renewable Energy Industry Average Movement | 7.3% |
| Market Average Movement | 5.5% |
| 10% most volatile stocks in US Market | 14.1% |
| 10% least volatile stocks in US Market | 2.5% |
Stable Share Price: RNW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: RNW's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 2,481 | Sumant Sinha | https://www.renew.com |
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.
ReNew Energy Global Plc Fundamentals Summary
| RNW fundamental statistics | |
|---|---|
| Market Cap | US$1.87b |
| Earnings (TTM) | -US$20.79m |
| Revenue (TTM) | US$929.01m |
1.9x
P/S Ratio-84.0x
P/E RatioIs RNW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RNW income statement (TTM) | |
|---|---|
| Revenue | ₹77.30b |
| Cost of Revenue | ₹7.55b |
| Gross Profit | ₹69.75b |
| Other Expenses | ₹71.48b |
| Earnings | -₹1.73b |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -5.01 |
| Gross Margin | 90.23% |
| Net Profit Margin | -2.24% |
| Debt/Equity Ratio | 461.5% |
How did RNW perform over the long term?
See historical performance and comparison