ReNew (RNW)

• Market cap: $2.2B
• 1 day: 4.30%
• 5 days: -3.04%
• 1 month: -10.34%
• 3 months: -18.63%
• 6 months: -2.72%
• Year to date: -10.74%
• 1 year: -7.04%
• 5 years: -36.44%
• 10 years: -36.44%
• Sector: Utilities
• Industry: Electric Services

About: ReNew Energy Global PLC is a developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change. The company has four reportable segments: wind power and solar power, hydro power and transmission line. It derives maximum revenue from Wind Power segment.

Employees: 3,988

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

733% more call options, than puts

Call options by funds: $3.43M | Put options by funds: $412K

156% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 18

31% more funds holding

Funds holding: 90 [Q3] → 118 (+28) [Q4]

9% more capital invested

Capital invested by funds: $889M [Q3] → $972M (+$82.8M) [Q4]

0.08% more ownership

Funds ownership: 62.43% [Q3] → 62.51% (+0.08%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

35% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 37

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $7.50 24% upside
• Avg. target: $7.50 24% upside
• High target: $7.50 24% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Roth MKM Justin Clare 50% 1-year accuracy 13 / 26 met price target

24% upside $7.50

Buy Maintained

21 Feb 2025