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Moomoo AI Feb 22, 2024 03:16

ReNew Energy Global's flat ROCE trend and increased capital ...

ReNew Energy Global's flat ROCE trend and increased capital employed suggest it's reinvesting capital at the same low return rate. This doesn't inspire confidence in the stock's multi-bagger potential.
Returns On Capital At ReNew Energy Global (NASDAQ:RNW) Have Hit The Brakes
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more
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