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Read This Before Judging ReNew Energy Global Plc's (NASDAQ:RNW) ROE

By Yahoo! Finance   |   Oct 7, 2024 at 10:10 AM EST
Read This Before Judging ReNew Energy Global Plc's (NASDAQ:RNW) ROE

This article explains how Return on Equity (ROE) can help evaluate a company's performance. Using ReNew Energy Global as an example, it demonstrates how ROE measures profit generated from shareholders' equity. A low ROE may indicate higher debt levels and risks.

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