The mean of analysts' price targets for ReNew Energy Global (RNW) points to a 29.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
ReNew Energy Global (RNW) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
TEO and RNW made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 5, 2026.
| Independent Power and Renewable Electricity Producers Industry | Utilities Sector | Sumant Sinha CEO | XMUN Exchange | GB00BNQMPN80 ISIN |
| GB Country | 3,988 Employees | - Last Dividend | - Last Split | 1 Feb 2021 IPO Date |
ReNew Energy Global Plc is a pioneering force in India's renewable energy sector, leveraging non-conventional and renewable energy sources to generate power. Operating through two key segments, Wind Power and Solar Power, the company has established a robust presence by developing, owning, and operating utility-scale projects across wind, solar, hydro energy, and firm power domains. It also offers distributed solar energy solutions catering to the needs of commercial and industrial customers. Founded in 2011 and headquartered in London, United Kingdom, ReNew Energy Global Plc is dedicated to advancing the clean energy agenda, with a focus on engineering excellence, operational efficiency, and sustainability.
ReNew Energy specializes in the development, construction, ownership, and operation of large-scale wind and solar energy projects. These projects are designed to provide sustainable and clean energy at scale, contributing significantly to India's renewable energy capacity.
The company extends its renewable portfolio by integrating hydro energy projects and firm power projects that offer reliable and consistent power supplies, further diversifying its energy generation capabilities.
ReNew Energy caters to commercial and industrial customers through its distributed solar energy projects, offering tailor-made solutions that enable businesses to achieve their sustainability goals by reducing carbon footprint and generating cost-efficient power.
With comprehensive EPC services, the company takes charge of designing, procuring, and constructing energy projects, ensuring quality, efficiency, and timely completion. This end-to-end service allows clients to streamline their renewable energy projects with expert guidance.
Maintaining the optimal performance of energy projects is crucial for efficiency and longevity. ReNew Energy's operation and maintenance services ensure that renewable energy installations operate at peak efficiency, maximizing output and minimizing downtime.
Drawing from extensive industry experience, the company provides consultancy services, offering insights and strategies for businesses and energy projects, guiding clients through the complexities of the renewable energy landscape.
ReNew Energy promotes the adoption of renewables through the sale of renewable energy certificates (RECs), facilitating compliance with regulatory requirements and encouraging the shift towards greener energy sources among businesses.