ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through Wind Power and Solar Power segments. It develops, builds, owns, and operates utility scale wind and solar energy projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company also provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. As of March 31, 2022, its portfolio consisted of 10.69 GW of wind and solar energy projects, hydro, firm power projects, and distributed solar energy projects, of which 7.57 GW projects were commissioned and 3.12 GW were committed. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.
ReNew Energy Global Price Performance
NASDAQ:RNW opened at $7.19 on Friday. The company's fifty day simple moving average is $6.67 and its 200-day simple moving average is $7.20. ReNew Energy Global has a 52 week low of $5.06 and a 52 week high of $12.30. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.33 and a quick ratio of 1.33.
ReNew Energy Global (NASDAQ:RNW - Get Rating) last posted its earnings results on Tuesday, June 14th. The company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.05). The firm had revenue of $232.00 million for the quarter, compared to analyst estimates of $226.50 million. As a group, research analysts expect that ReNew Energy Global will post 0.24 earnings per share for the current year.