NASDAQ
RNW

Renew Energy Global PLC

Utilities-Renewable
Utilities

Prices are adjusted according to historical splits.

Renew Energy Global PLC Stock Price

Vitals

Today's Low:
$5.685
Today's High:
$5.95
Open Price:
$5.73
52W Low:
$4.035
52W High:
$7.33
Prev. Close:
$5.72
Volume:
371037

Company Statistics

Market Cap.:
$2.25 billion
Book Value:
281.019
Revenue TTM:
$77.30 billion
Operating Margin TTM:
52.24%
Gross Profit TTM:
$58.95 billion
Profit Margin:
-2.24%
Return on Assets TTM:
3.52%
Return on Equity TTM:
-1.57%

Company Profile

Renew Energy Global PLC had its IPO on 2021-02-01 under the ticker symbol RNW.

The company operates in the Utilities sector and Utilities-Renewable industry. Renew Energy Global PLC has a staff strength of 2,481 employees.

Stock update

Shares of Renew Energy Global PLC opened at $5.73 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $5.69 - $5.95, and closed at $5.94.

This is a +3.85% increase from the previous day's closing price.

A total volume of 371,037 shares were traded at the close of the day’s session.

In the last one week, shares of Renew Energy Global PLC have slipped by -1.33%.

Renew Energy Global PLC's Key Ratios

Renew Energy Global PLC has a market cap of $2.25 billion, indicating a price to book ratio of 1.6473 and a price to sales ratio of 0.0331.

In the last 12-months Renew Energy Global PLC’s revenue was $77.30 billion with a gross profit of $58.95 billion and an EBITDA of $56.18 billion. The EBITDA ratio measures Renew Energy Global PLC's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Renew Energy Global PLC’s operating margin was 52.24% while its return on assets stood at 3.52% with a return of equity of -1.57%.

In Q2, Renew Energy Global PLC’s quarterly earnings growth was a positive 0% while revenue growth was a negative 4.2%.

Renew Energy Global PLC’s PE and PEG Ratio

Forward PE
88.4956
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-0.06 per share while it has a forward price to earnings multiple of 88.4956 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Renew Energy Global PLC’s profitability.

Renew Energy Global PLC stock is trading at a EV to sales ratio of 0.1006 and a EV to EBITDA ratio of 0.1193. Its price to sales ratio in the trailing 12-months stood at 0.0331.

Renew Energy Global PLC stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$748.11 billion
Total Liabilities
$115.85 billion
Operating Cash Flow
$0
Capital Expenditure
$20.99 billion
Dividend Payout Ratio
0%

Renew Energy Global PLC ended 2024 with $748.11 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $748.11 billion while shareholder equity stood at $106.80 billion.

Renew Energy Global PLC ended 2024 with $0 in deferred long-term liabilities, $115.85 billion in other current liabilities, 4808000000.00 in common stock, $-53622000000.00 in retained earnings and $11.60 billion in goodwill. Its cash balance stood at $38.18 billion and cash and short-term investments were $80.57 billion. The company’s total short-term debt was $43,221,000,000 while long-term debt stood at $467.88 billion.

Renew Energy Global PLC’s total current assets stands at $111.76 billion while long-term investments were $5.33 billion and short-term investments were $42.39 billion. Its net receivables were $21.60 billion compared to accounts payable of $5.39 billion and inventory worth $1.19 billion.

In 2024, Renew Energy Global PLC's operating cash flow was $0 while its capital expenditure stood at $20.99 billion.

Comparatively, Renew Energy Global PLC paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$5.94
52-Week High
$7.33
52-Week Low
$4.035
Analyst Target Price
$7.94

Renew Energy Global PLC stock is currently trading at $5.94 per share. It touched a 52-week high of $7.33 and a 52-week low of $7.33. Analysts tracking the stock have a 12-month average target price of $7.94.

Its 50-day moving average was $5.95 and 200-day moving average was $5.58 The short ratio stood at 6.59 indicating a short percent outstanding of 0%.

Around 1525.4% of the company’s stock are held by insiders while 7693.6% are held by institutions.

Frequently Asked Questions About Renew Energy Global PLC

The stock symbol (also called stock or share ticker) of Renew Energy Global PLC is RNW

The IPO of Renew Energy Global PLC took place on 2021-02-01

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About

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 sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.

Address

11-12 St. James's Square, London, United Kingdom, SW1Y 4LB