ReNew Energy Global PLC (NASDAQ:RNW) Shares Acquired by XTX Topco Ltd

XTX Topco Ltd lifted its position in shares of ReNew Energy Global PLC (NASDAQ:RNW) by 58.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 53,721 shares of the company’s stock after buying an additional 19,788 shares during the quarter. XTX Topco Ltd’s holdings in ReNew Energy Global were worth $316,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in RNW. Point72 Asset Management L.P. acquired a new position in shares of ReNew Energy Global during the 4th quarter valued at about $25,000. BNP Paribas Financial Markets acquired a new position in shares of ReNew Energy Global during the 4th quarter valued at about $25,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of ReNew Energy Global during the 4th quarter valued at about $52,000. MQS Management LLC purchased a new stake in shares of ReNew Energy Global during the 1st quarter worth about $83,000. Finally, Bank of America Corp DE grew its holdings in shares of ReNew Energy Global by 722.2% during the 4th quarter. Bank of America Corp DE now owns 15,621 shares of the company’s stock worth $107,000 after purchasing an additional 13,721 shares during the period. Institutional investors and hedge funds own 43.56% of the company’s stock.

ReNew Energy Global Stock Up 2.2%

NASDAQ RNW opened at $7.45 on Monday. The stock has a market cap of $2.70 billion, a PE ratio of 46.57 and a beta of 0.89. ReNew Energy Global PLC has a fifty-two week low of $5.15 and a fifty-two week high of $7.76. The business has a 50 day moving average price of $7.21 and a two-hundred day moving average price of $6.66. The company has a quick ratio of 0.58, a current ratio of 0.60 and a debt-to-equity ratio of 4.44.

ReNew Energy Global Company Profile

ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers.