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.
Renew Energy Global stock last closed at $5.66, up 0.18% from the previous day, and has increased 5.2% in one year. It has overperformed other stocks in the Utilities - Renewable industry by 0.08 percentage points. Renew Energy Global stock is currently +18.41% from its 52-week low of $4.78, and -27.34% from its 52-week high of $7.79.
There are currently 362.99M shares of RNW outstanding. The market capitalization of RNW is $2.05B. In the last 24 hours, 573,787 RNW shares were traded.
How to Buy Renew Energy Global Stock
Not sure how to invest in Renew Energy Global stock? Here's how.
Figure out where to buy Renew Energy Global stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Renew Energy Global stock.
Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Deposit funds into your investment account: Select your method of payment and add your details.
Analyze Renew Energy Global stock: The Renew Energy Global ticker symbol is RNW. Is Renew Energy Global stock a good investment? Should you buy shares of RNW? How do RNW's underlying business fundamentals look? Do top analysts think Renew Energy Global is a good buy? Why has RNW's stock price moved recently? (Hint: Our stock research website can help you evaluate if RNW is a good stock to buy).
Place your RNW purchase: Decide if you will purchase RNW shares at the current market price or use a limit order to purchase RNW shares at a particular price.
Monitor your investment in RNW: Create a watchlist to important updates regarding your position in Renew Energy Global stock.
Step 1: Figure out where to buy Renew Energy Global stock
You need an online brokerage account to access the NASDAQ market and buy RNW shares.
A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.
Our preferred brokerage: eToro
In our opinion, eToro is the best online stock brokerage. eToro gives you:
You can invest in stocks with 0% commissions: Invest without commissions.
Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
Access to world markets: From Technology to Energy, New York to Tokyo — you can fill your portfolio with stocks from the globe's top stock exchanges.
Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
Security: eToro is a regulated and licensed brokerage platform.
Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now.
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Step 2: Open a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal information so you are able to buy RNW stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Analyze Renew Energy Global stock
After you have selected the best place to buy Renew Energy Global stock, it's important to evaluate their stock prior to investing, so you truly wrap your head around the risk as well as the opportunity.
Renew Energy Global stock at a glance
RNW Price
$5.66
1w %
5.2%
1y %
5.2%
5y %
N/A
P/E
54.95x
P/B
1.64x
P/S
1.73x
PEG
0.32x
Revenue
$1.19B
Earnings
$46.06M
Fore. Rev. Growth
14.02%
Fore. Earn. Growth
188.45%
Market Cap
$2.05B
Next Earnings
Jun 4, 2024
Next Dividend
N/A
RNW Overview
WallStreetZen was designed to help everyday investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on RNW's stock page.
Is RNW stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge RNW's fair value.
Using relative valuations methods:
RNW may be overvalued based on its P/E ratio of 54.95x, relative to Utilities - Renewable industry P/E ratio of 31.23x
RNW may be undervalued based on its P/B ratio of 1.64x, relative to Utilities - Renewable industry P/B ratio of 2.54x
RNW could be undervalued based on its PEG ratio of 0.32x
Last year, RNW revenue was $1.19B. Over the past 2 year, RNW's revenue has increased by 16.42% per year. This was faster than the Utilities - Renewable industry average of 10.51%.
No, Renew Energy Global doesn't provide an income stream by paying out dividends.
What do other investors have to say about RNW?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your RNW purchase
You have two main options:
Market order: A market order is an order to buy or sell a security at the best available price. Market orders are mostly fine.
Limit order: A limit order lets you buy or sell a stock at a specific price (or better). If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open button and eToro will execute your order.
If you want additional help buying stocks on eToro, watch the how to video below:
How much does it cost to buy one Renew Energy Global share?
As of Apr 22, 2024, it costs $5.66 to buy one share of Renew Energy Global stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.353 shares of RNW.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.