According to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading. The average comprises six short-term price targets ranging from a low of $7.36 to a high of $10, with a standard deviation of $0.94. Wh ...

No, Maheep, I don't think that we expect any change to happen. This government has already been very supportive, and a lot of that comes directly from the Prime Minister, as we all know. But the government overall has also very strong commercial reasons. One, of course, as we talked about, power demand is growing. Renewables is the cheapest, cleanest way to meet that power demand. So there is a very strong economic and commercial reason for the whole renewable energy effort to carry on. But even beyond that ...

Q4 FY24 results and long-term outlook This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by ReNew Energy Global, the markets in which ReNew Energy Global operates and ReNew Energy Global's future potential financial and operational results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "futur ...

ReNew Energy Global shares have lost about 20.8% since the beginning of the year versus the S&P 500's gain of 10.9%. ReNew Energy Global PLC (RNW) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items. What's Next for ReNew Energy Global? This quarterly report represents an earnings surprise of 133.33%. A quarter ago, it was expected ...

Understood. That's helpful. And lastly, if you can give some color on what's happening on the ALMM front, and the ministry has put it on abeyance, what does it mean for you? Okay. So in case no further announcement comes from the ministry, ALMM will get effective from 1st April? Okay. And lastly, if I may, the solar PLF this quarter is a little lower versus the last year, the same period. Is there an issue on the irradiation side this time? Sumant Sinha Maheep Mandloi Maheep Mandloi Any hi, the line is not ...

Q3 FY24 Earnings Presentation February 20, 2024 This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by ReNew Energy Global, the markets in which ReNew Energy Global operates and ReNew Energy Global's future potential financial and operational results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strateg ...

Company Participants Thank you for standing by, and welcome to the ReNew's Second Quarter Fiscal Year '24 Earnings Report. All participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. [Operator Instructions] After the prepared remarks, we will open up the call for questions. Please note, our safe harbor statements are contained within our press release, presentation materials and materials available on our website. These statements are important and int ...

Q2 FY24 Earnings Presentation November 20, 2023 Non – IFRS Financial Measures 01 Highlights Highlights 1 This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by ReNew Energy Global, the markets in which ReNew Energy Global operates and ReNew Energy Global's future potential financial and operational results. These forward-looking statements generally are identified by the words "believe," "project ...

ReNew Energy Global Plc (NASDAQ:RNW) Q1 2024 Earnings Conference Call August 21, 2023 8:30 AM ET Company Participants Nathan Judge - Head of Investor Relations Sumant Sinha - Founder, Chairman, and Chief Executive Officer Kedar Upadhye - Chief Financial Officer Vaishali Nigam Sinha - Chairman, Sustainability Conference Call Participants Justin Clare - Roth MKM Nikhil Nigania - Bernstein Operator Thank you for standing by, and welcome to the ReNew's First Quarter Fiscal Year '24 Earnings Report. All particip ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of eve ...