ReNew Energy Global Plc (ticker RNW) is a renewable energy company that produces energy through wind and solar technology. The company is India’s largest renewable energy company with a generating capacity of over 13.4 gigawatts (GW). ReNew Energy Global Plc is also India’s first renewable energy company that surpassed 1 GW of production capacity.
Rubric Capital Management was the largest hedge fund holder of ReNew Energy Global Plc in the second quarter with nearly 8.166 million shares worth $44.749 million.
ReNew Energy Global Plc has been covered by 2 Wall Street analysts with an average price target of $8.78. Both analysts are bullish on the company stock and keep a Buy rating.