ReNew Energy Global plc Price & Performance (RNWWW)

Shares of ReNew Energy Global recently hit a 52-week low, trading as low as $5.02. Analysts attribute the decline to disappointing quarterly earnings, which missed expectations. Despite challenges, institutional investors have increased their stakes, signaling some confidence in the company’s long-term potential.12

ReNew Energy Global saw a significant 22.9% rise in short interest during February, reaching 1.77 million shares. This reflects growing bearish sentiment, likely tied to the company’s weaker-than-expected earnings. Analysts maintain a cautious outlook, though some institutional investors continue to show support.32

ReNew Energy Global has grown its operational portfolio to 10.8 gigawatts, a 26% year-on-year increase. The company secured 3.9 gigawatts of renewable capacity this fiscal year, emphasizing solar-plus-battery solutions. Despite market challenges, its disciplined approach to auctions and manufacturing expansion underpins growth.45