Picton Mahoney Asset Management boosted its holdings in shares of ReNew Energy Global PLC (NASDAQ:RNW - Free Report) by 33.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 944,707 shares of the company's stock after purchasing an additional 234,696 shares during the period. Picton Mahoney Asset Management owned about 0.26% of ReNew Energy Global worth $5,563,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Point72 Asset Management L.P. bought a new position in shares of ReNew Energy Global in the fourth quarter valued at about $25,000. BNP Paribas Financial Markets bought a new position in shares of ReNew Energy Global in the fourth quarter worth about $25,000. Hsbc Holdings PLC lifted its position in shares of ReNew Energy Global by 40.3% during the fourth quarter. Hsbc Holdings PLC now owns 16,710 shares of the company's stock worth $115,000 after purchasing an additional 4,799 shares in the last quarter. Barclays PLC grew its stake in shares of ReNew Energy Global by 21.8% during the fourth quarter. Barclays PLC now owns 32,123 shares of the company's stock valued at $219,000 after purchasing an additional 5,742 shares during the last quarter. Finally, Mariner LLC grew its stake in shares of ReNew Energy Global by 22.7% during the fourth quarter. Mariner LLC now owns 31,340 shares of the company's stock valued at $214,000 after purchasing an additional 5,801 shares during the last quarter. 43.56% of the stock is owned by institutional investors and hedge funds.
ReNew Energy Global Price Performance
Shares of ReNew Energy Global stock remained flat at $7.60 during trading on Friday. The company had a trading volume of 423,688 shares, compared to its average volume of 988,711. The business's fifty day simple moving average is $7.15 and its 200-day simple moving average is $6.64. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 47.50 and a beta of 0.89. The company has a quick ratio of 0.58, a current ratio of 0.60 and a debt-to-equity ratio of 4.44. ReNew Energy Global PLC has a twelve month low of $5.15 and a twelve month high of $7.76.
ReNew Energy Global Profile
(
Free Report)
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.
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