stoxline Quote Chart Rank Option Currency Glossary
ReNew Energy Global Plc (RNW)
6.87  0.1 (1.48%)    12-07 16:00
Open: 6.8
High: 6.99
Volume: 783,363
Pre. Close: 6.77
Low: 6.72
Market Cap: 2,563(M)
Technical analysis
2023-12-07 4:23:07 PM
Short term     
Mid term     
Targets 6-month :  8.16 1-year :  9.53
Resists First :  6.98 Second :  8.16
Pivot price 6.36
Supports First :  6.17 Second :  5.67
MAs MA(5) :  6.71 MA(20) :  6.23
MA(100) :  5.88 MA(250) :  5.61
MACD MACD :  0.2 Signal :  0.2
%K %D K(14,3) :  88.1 D(3) :  83.9
RSI RSI(14): 69.4
52-week High :  6.98 Low :  4.03
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and NEUTRAL in mid-long term.
[ RNW ] has closed below upper band by 9.1%. Bollinger Bands are 51.3% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 1 days. This is a sign that the current trend might continue.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 6.99 - 7.01 7.01 - 7.04
Low: 6.66 - 6.68 6.68 - 6.71
Close: 6.83 - 6.86 6.86 - 6.91
Company Description

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.

Headline News

Mon, 04 Dec 2023
CPYYY: Are ReNew Energy Global (RNW) and Centrica (CPYYY) the Right Utility Stocks for Your Portfolio? -

Mon, 04 Dec 2023
ReNew to partner with ADB on USD 5.3bn of projects over next 5 yrs - Renewables Now

Mon, 04 Dec 2023
ReNew signs MoU with Asian Development Bank for $5.3B in climate projects (NASDAQ:RNW) - Seeking Alpha

Mon, 04 Dec 2023
ReNew Signs MoU with Asian Development Bank for US$ 5.3 billion - Business Wire

Wed, 22 Nov 2023
ReNew Energy Global Second Quarter 2024 Earnings: Beats Expectations - Simply Wall St

Wed, 22 Nov 2023
Should You Be Concerned About ReNew Energy Global Plc's (NASDAQ:RNW) ROE? - Simply Wall St

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Stock Basics & Statistics
Shares Out 247 (M)
Shares Float 65 (M)
Held by Insiders 15.2 (%)
Held by Institutions 76.9 (%)
Shares Short 4,580 (K)
Shares Short P.Month 4,380 (K)
Stock Financials
EPS 0.07
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 294.04
Profit Margin 3.6 %
Operating Margin 63.5 %
Return on Assets (ttm) 3.7 %
Return on Equity (ttm) 2.2 %
Qtrly Rev. Growth 32.7 %
Gross Profit (p.s.) 0
Sales Per Share 338.93
EBITDA (p.s.) 244.17
Qtrly Earnings Growth 0 %
Operating Cash Flow 69,840 (M)
Levered Free Cash Flow -34,420 (M)
Stock Valuations
PE Ratio 85.87
PEG Ratio 0
Price to Book value 0.02
Price to Sales 0.02
Price to Cash Flow 0.02
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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