15,708 Shares in ReNew Energy Global Plc (NASDAQ:RNW) Acquired by Ballentine Partners LLC

Ballentine Partners LLC purchased a new position in ReNew Energy Global Plc (NASDAQ:RNW) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 15,708 shares of the company’s stock, valued at approximately $107,000.

Several other large investors have also recently made changes to their positions in the stock. Rubric Capital Management LP raised its position in shares of ReNew Energy Global by 1.5% in the 3rd quarter. Rubric Capital Management LP now owns 13,706,102 shares of the company’s stock valued at $86,211,000 after purchasing an additional 200,000 shares during the last quarter. Millennium Management LLC increased its position in shares of ReNew Energy Global by 60.5% in the second quarter. Millennium Management LLC now owns 4,779,016 shares of the company’s stock valued at $29,821,000 after buying an additional 1,802,191 shares in the last quarter. Carrhae Capital LLP grew its position in shares of ReNew Energy Global by 69.3% in the third quarter. Carrhae Capital LLP now owns 3,654,991 shares of the company’s stock valued at $22,990,000 after purchasing an additional 1,495,819 shares during the period. Northwest & Ethical Investments L.P. lifted its position in shares of ReNew Energy Global by 3.3% in the third quarter. Northwest & Ethical Investments L.P. now owns 2,161,194 shares of the company’s stock valued at $13,594,000 after acquiring an additional 68,308 shares in the last quarter. Finally, Franklin Resources Inc. purchased a new stake in shares of ReNew Energy Global during the third quarter worth $11,585,000. 43.56% of the stock is owned by institutional investors.

ReNew Energy Global Trading Down 0.1 %

Shares of ReNew Energy Global stock opened at $6.72 on Monday. The company has a debt-to-equity ratio of 4.51, a current ratio of 0.65 and a quick ratio of 0.64. The stock’s 50 day simple moving average is $6.56 and its 200-day simple moving average is $6.11. The stock has a market cap of $2.44 billion, a P/E ratio of 112.02 and a beta of 0.90. ReNew Energy Global Plc has a 1-year low of $5.15 and a 1-year high of $7.49.

ReNew Energy Global 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.