More stocks to consider
Alternative stocks to ReNew Energy (NasdaqGS:RNW)


These are the alternatives to ReNew Energy that fall within the same industry, Renewable Electricity, or region, India.

How to read the ranks

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

See ReNew Energy Performance

ReNew Energy stock research in summary

renewpower.in


ReNew Energy shares are more expensive than other comparable stocks. While they show above average growth, they are poor value, and are riskily financed. We recommend evaluating whether the future of the company ReNew Energy is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.


Latest Obermatt Ranks


Log in or sign up to see the new 360° View and Sentiment ranks.

Country India
Industry Renewable Electricity
Index
Size class Large

Large companies - similar industry as ReNew Energy

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. CEMIG (XL, BR)  Electric Utilities
1. CEMIG (XL, BR)   Electric Utilities 98 82 70 100
2. Perusahaan Gas (XL, ID)  Gas Utilities
2. Perusahaan Gas (XL, ID)   Gas Utilities 96 50 90 98
3. Manila Electric (XL, PH)  Electric Utilities
3. Manila Electric (XL, PH)   Electric Utilities 52 88 56 86
4. Enel Chile (XL, CL)  Electric Utilities
4. Enel Chile (XL, CL)   Electric Utilities 74 34 80 80
5. Gail (XXL, IN)  Gas Utilities
5. Gail (XXL, IN)   Gas Utilities 54 64 70 80
6. YTL (XL, MY)  Multi-Utilities
6. YTL (XL, MY)   Multi-Utilities 64 76 44 78
7. Brazilian Electric (XL, BR)  Electric Utilities
7. Brazilian Electric (XL, BR)   Electric Utilities 68 34 66 64
8. Neoenergia (XL, BR)  Electric Utilities
8. Neoenergia (XL, BR)   Electric Utilities 92 30 40 58
9. SABESP (XL, BR)  Water Utilities
9. SABESP (XL, BR)   Water Utilities 28 76 52 54
10. Torrent Power (XL, IN)  Electric Utilities
10. Torrent Power (XL, IN)   Electric Utilities 6 100 50 54

December 19, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as ReNew Energy

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Hindustan Aeronautics (XL, IN)  Aerospace & Defense
1. Hindustan Aeronautics (XL, IN)   Aerospace & Defense 29 83 100 99
2. SBI Life Insurance (XXL, IN)  Life & Health Insurance
2. SBI Life Insurance (XXL, IN)   Life & Health Insurance 26 60 87 97
3. HDFC Life Insurance (XL, IN)  Life & Health Insurance
3. HDFC Life Insurance (XL, IN)   Life & Health Insurance 18 78 100 96
4. Cipla (XL, IN)  Pharmaceuticals
4. Cipla (XL, IN)   Pharmaceuticals 63 45 93 93
5. ICICI Prudential Life Insurance (XL, IN)  Life & Health Insurance
5. ICICI Prudential Life Insurance (XL, IN)   Life & Health Insurance 16 76 100 92
6. Petronet LNG (XL, IN)  Oil & Gas Transportation
6. Petronet LNG (XL, IN)   Oil & Gas Transportation 27 93 88 92
7. Bajaj Auto (XL, IN)  Motorcycle Manufacturers
7. Bajaj Auto (XL, IN)   Motorcycle Manufacturers 65 83 60 92
8. Tech Mahindra (XL, IN)  IT Consulting & oth. Services
8. Tech Mahindra (XL, IN)   IT Consulting & oth. Services 51 91 49 90
9. Canara Bank (XL, IN)  Diversified Banks
9. Canara Bank (XL, IN)   Diversified Banks 61 73 73 89
10. Ambuja Cements (XL, IN)  Construction Materials
10. Ambuja Cements (XL, IN)   Construction Materials 29 59 95 87

December 19, 2024


Find more stock ideas
Use your own criteria to filter for stocks or sign up for the latest Top 10 Stock tips.
Log in or Sign up

Mid sized companies - similar industry as ReNew Energy

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Colbún (L, CL)  Power Producers & Traders
1. Colbún (L, CL)   Power Producers & Traders 72 38 88 88
2. Malakoff (L, MY)  Power Producers & Traders
2. Malakoff (L, MY)   Power Producers & Traders 82 62 36 74
3. Electricity Generating (L, TH)  Power Producers & Traders
3. Electricity Generating (L, TH)   Power Producers & Traders 76 52 44 66
4. Engie Energía Perú (M, PE)  Power Producers & Traders
4. Engie Energía Perú (M, PE)   Power Producers & Traders 86 18 62 60
5. Energy Absolute (L, TH)  Renewable Electricity
5. Energy Absolute (L, TH)   Renewable Electricity 95 3 37 39
6. Ratch Group (L, TH)  Power Producers & Traders
6. Ratch Group (L, TH)   Power Producers & Traders 70 32 18 30
7. Global Power Synergy (L, TH)  Power Producers & Traders
7. Global Power Synergy (L, TH)   Power Producers & Traders 48 26 44 26
8. Eneva (L, BR)  Power Producers & Traders
8. Eneva (L, BR)   Power Producers & Traders 38 60 10 14
9. Engie Brasil Energia (L, BR)  Renewable Electricity
9. Engie Brasil Energia (L, BR)   Renewable Electricity 56 6 14 6
10. B.Grimm Power (L, TH)  Power Producers & Traders
10. B.Grimm Power (L, TH)   Power Producers & Traders 36 4 26 1

December 19, 2024


Mid sized companies - similar region as ReNew Energy

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. NATCO Pharma (M, IN)  Pharmaceuticals
1. NATCO Pharma (M, IN)   Pharmaceuticals 73 99 87 100
2. Exide Industries (L, IN)  Auto Parts & Equipment
2. Exide Industries (L, IN)   Auto Parts & Equipment 75 95 44 98
3. Sumitomo Chemical India (M, IN)  Fertilizers & Agricultural Chemicals
3. Sumitomo Chemical India (M, IN)   Fertilizers & Agricultural Chemicals 11 100 93 95
4. Honeywell Automation India (M, IN)  Electronic Equipment
4. Honeywell Automation India (M, IN)   Electronic Equipment 39 71 90 92
5. ICICI Securities (M, IN)  Investment Banking & Brokerage
5. ICICI Securities (M, IN)   Investment Banking & Brokerage 33 100 56 92
6. MakeMyTrip (M, IN)  Hotels, Resorts & Cruise Lines
6. MakeMyTrip (M, IN)   Hotels, Resorts & Cruise Lines 1 99 96 90
7. Info Edge (India) (M, IN)  Interactive Media & Services
7. Info Edge (India) (M, IN)   Interactive Media & Services 7 95 88 88
8. Coromandel International (L, IN)  Fertilizers & Agricultural Chemicals
8. Coromandel International (L, IN)   Fertilizers & Agricultural Chemicals 67 63 60 88
9. Atul (M, IN)  Diversified Chemicals
9. Atul (M, IN)   Diversified Chemicals 37 85 69 87
10. Sun TV Network (M, IN)  Broadcasting
10. Sun TV Network (M, IN)   Broadcasting 33 57 98 86

December 19, 2024



Obermatt Portfolio Performance
We’re so convinced about our research, that we buy our stock tips.
See the performance of the Obermatt portfolio.