AI is about to change healthcare. These 31 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.
To own shares in ReNew Energy Global today, you have to believe in India’s accelerating shift toward renewable power and ReNew’s ability to win and execute large-scale clean energy projects, without margin pressure from rising competition or project delays. The recent US$9.33 billion investment and fresh US$331 million ADB financing have the potential to support long-term revenue growth, but may not immediately address the company’s most pressing short-term challenge: successfully delivering high-margin projects on time and on budget amid industry-wide bidding pressures.
Among the recent announcements, the November 7 financing deal with the Asian Development Bank stands out as it directly ties ReNew’s capital access to an 837 MWp wind-solar-plus-storage project, underscoring how integrated renewable projects can support reliability, a key catalyst for growth, especially if operational execution remains strong and demand for hybrid solutions continues to rise.
However, what’s less obvious is how intensifying competition in renewables bidding could impact project margins and return profiles, something every investor should be aware of if...
Read the full narrative on ReNew Energy Global (it's free!)
ReNew Energy Global's narrative projects ₹195.5 billion revenue and ₹15.7 billion earnings by 2028. This requires 20.0% yearly revenue growth and an increase of ₹7.0 billion in earnings from the current ₹8.7 billion.
Uncover how ReNew Energy Global's forecasts yield a $8.00 fair value, a 7% upside to its current price.
All ten fair value estimates submitted by the Simply Wall St Community peg the stock around US$8.00 per share. Yet with execution and competitive pricing pressures in renewables, your views may differ, see how others frame the opportunity and risk.
Explore another fair value estimate on ReNew Energy Global - why the stock might be worth just $8.00!
Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.
Our top stock finds are flying under the radar-for now. Get in early:
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com