RNW Stock Summary and Trading Ideas (Renew Energy Global PLC - Class A Shares | NASDAQ:RNW)

ReNew Energy Global PLC is a developer and operator of clean energy projects. Additionally, it provides clean energy solutions and value-added energy offerings through digitalization, storage, and carbon market services that are increasingly integral to addressing climate change. The company has two reportable segments: Generation and sale of renewable power and Manufacturing of power equipment. The majority of its revenue is generated from the Generation and sale of renewable power segment, which reflects the revenue earned from its utility-scale wind energy projects, solar energy projects, and hydro energy projects. The Manufacturing of power equipment segment relates to the manufacturing of solar panels and modules. Geographically, all of its material revenues are generated from India.

Renew Energy Global PLC - Class A Shares trades on the NASDAQ stock market under the symbol RNW.

As of August 19, 2026, RNW stock price declined to $6.80 with 2,688,758 million shares trading.

RNW has a beta of 0.82, meaning it tends to be less sensitive to market movements. RNW has a correlation of 0.05 to the broad based SPY ETF.

RNW has a market cap of $2.48 billion. This is considered a Mid Cap stock.

Last quarter Renew Energy Global PLC - Class A Shares reported $506 million in Revenue and $.17 earnings per share. This beat revenue expectation by $55 million and exceeded earnings estimates by $.05.

In the last 3 years, RNW traded as high as $8.24 and as low as $4.39.

The top ETF exchange traded funds that RNW belongs to (by Net Assets): TAN, ICLN, QCLN, CNRG, FAN.

RNW has underperformed the market in the last year with a return of -12.1%, while SPY returned +20.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in RNW shares. However, RNW has outperformed the market in the last 3 month and 2 week periods, returning +24.3% and +8.1%, while SPY returned +4.4% and -0.3%, respectively. This indicates RNW has been having a stronger performance recently.

RNW support price is $6.69 and resistance is $6.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RNW shares will trade within this expected range on the day.