ReNew Energy Global (RNWWW) Stock Price, News & Analysis

Company Overview

ReNew Energy Global Pte. Ltd. is one of India’s leading independent renewable energy companies, focusing on the development, construction and operation of clean power assets. The company’s core activities include the generation of electricity from utility-scale solar and onshore wind facilities, as well as the deployment of energy storage solutions to enhance grid stability and reliability. ReNew Energy Global also offers comprehensive engineering, procurement and construction (EPC) services along with operations and maintenance (O&M) support across its project portfolio.

Founded in 2011, ReNew Energy Global has built a diversified portfolio of power generation assets with an operational capacity exceeding 5 gigawatts. The company serves a broad range of off­takers including state utilities, commercial and industrial customers, and long-term power purchasers under power purchase agreements (PPAs). By leveraging in-house technical expertise and strategic site selection, ReNew Energy Global aims to optimize project performance and deliver sustainable energy solutions across India.

In July 2022, ReNew Energy Global became publicly listed on the Nasdaq Global Market under the ticker symbol RNWWW following a merger with special purpose acquisition company RMG Acquisition Corp. The transaction provided the company with additional capital to support its growth plans, including the development of new renewable energy projects and potential international expansions. This listing marked a significant milestone in ReNew Energy Global’s efforts to access global capital markets and enhance its financial flexibility.

Headquartered in Gurugram, India, the company is led by founder and Chief Executive Officer Sumant Sinha, a veteran of the energy sector. Under Sinha’s leadership, ReNew Energy Global has pursued ambitious targets for capacity expansion and sustainability. With a focus on innovation and operational excellence, the company continues to strengthen its position in India’s rapidly evolving renewable energy landscape while evaluating opportunities to extend its footprint into additional markets.

Key Stats

• Today's Range: $0.0102 to $0.0142
• 50-Day Range: $0.01 to $0.10
• 52-Week Range: $0.01 to $0.49
• Volume: 114,989 shs
• Average Volume: 26,033 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

RNWWW Stock Analysis - Frequently Asked Questions

How have RNWWW shares performed this year?

ReNew Energy Global's stock was trading at $0.1630 at the beginning of the year. Since then, RNWWW stock has decreased by 93.3% and is now trading at $0.0110.

How do I buy shares of ReNew Energy Global?

Shares of RNWWW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: Utilities - Renewable
• Sub-Industry: Utilities
• Current Symbol: NASDAQ:RNWWW
• CIK: 1848763
• Web: N/A
• Phone: 44 20 7519 7126
• Fax: N/A
• Employees: 1,680
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $113.25 billion
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A