Risk factor
Resilient to price shocks
Profitability factor
Greatly overvalued vs peers
About
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. It develops, builds, owns, and operates utility scale wind and solar energy projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company also...
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued
Target Price
The average target price of RNW is 8.1 and suggests 9% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation sug
