RNW Stock Recent News

The world of energy stocks is going through changes nearly every week. The swings in the price of oil are sending further shocks that investors are only beginning to digest as part of a new normal.

ReNew Energy Global PLC (RNW) came out with quarterly earnings of $0.09 per share, in line with the Zacks Consensus Estimate. This compares to break-even earnings per share a year ago.

ReNew Energy Global Plc (NASDAQ:RNW ) Q4 2023 Earnings Conference Call June 7, 2023 8:30 AM ET Company Participants Nathan Judge - IR Sumant Sinha - Founder, Chairman and CEO Kedar Upadhye - CFO Conference Call Participants Justin Clare - ROTH MKM Morgan Reid - Bank of America Puneet Gulati - HSBC Amit Bhinde - Morgan Stanley Operator Thank you for standing by, and welcome to the ReNew Power Fourth Quarter FY '23 Earnings Call. [Operator Instructions] I would now like to hand the conference over to Mr.

ReNew Energy Global PLC (RNW) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.11 per share a year ago.

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #EarningsReport--ReNew Announces Date and Conference Call Details for Q4 FY 23 Earnings Report.

Penny stocks often offer tremendous upside for investors. As a result, they also expose investors to significant risk as well.

India is the country with the second-largest population in the world, and it is on track to become the largest. It also currently ranks as the world's third-largest electricity market.

The Canada Pension Plan Investment Board is reportedly considering a deal to acquire the shares of Renew Energy Global The post Canada Pension Considering A Deal To Buy ReNew Energy Global appeared first on Pulse 2.0.

ReNew Energy Global Plc shares climbed 20% to $5.28 on Friday following a Bloomberg report that the Canada Pension Plan Investment Board (CPPIB) is exploring taking the Nasdaq-listed, Gurugram, India-based power producer private.    CPPIB bought $268 million worth of ReNew shares from Goldman Sachs (NYSE:GS) Group earlier this month, giving the pension plan a 51.6% equity interest, according to the Business Standard newspaper.

Disappointing quarter with EPS missed by $0.09 and revenue missed by $21.4mn, despite 9M YoY results demonstrating strength in revenue growth of 23%. However, ReNew Energy Global stands out with its differentiated focus, which puts the company at a unique advantage over the long run with higher than plain vanilla return opportunities.