ReNew Energy GlobalNASDAQ: RNW

ReNew Energy Global Plc, a UK-based firm, focuses on wind and solar power in India, with ancillary services in engineering, procurement, and construction. Despite strong growth potential from India's renewable energy push, high debt, weather risks, and overvaluation pose significant concerns for ReNew Energy. ReNew's recent performance shows steady financial growth and strategic expansion, but execution risks and market-specific challenges warrant a “Hold” rating.

ReNew Energy Global PLC (RNW) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.08. This compares to earnings of $0.09 per share a year ago.

ReNew Energy Global (RNW) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

ReNew Energy Global (RNW) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

The average of price targets set by Wall Street analysts indicates a potential upside of 33.7% in ReNew Energy Global (RNW). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

ReNew Energy CEO: Modi's new government will be 'as supportive as it has been' for renewable energy.

ReNew Energy Global PLC (RNW) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to break-even earnings per share a year ago.

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #FY24--ReNew Energy Global Plc today announced its unaudited consolidated IFRS results for Q4 FY24 and year ended March 31, 2024.

ReNew Energy Global PLC (RNW) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.15 per share a year ago.