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Stock Market 15 March 2025 - 30 May 2025

Internet Access in Kiribati: Bridging the Digital Divide Across Remote Pacific Islands

Internet Access in Kiribati: Bridging the Digital Divide Across Remote Pacific Islands

About 73,300 people in Kiribati used the internet as of January 2024, covering 54.4% of the population. The country relies entirely on satellite links for connectivity, with no submarine fiber cable in place. The East Micronesia Cable System is under construction and expected to connect Tarawa to Guam by 2025. Starlink has around 1,500 user terminals in South Tarawa, though not yet officially licensed.
22 March 2025
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Stock Market Today

  • ReNew Energy Global (RNW) Share Price Dip Highlights Potential Undervaluation
    March 21, 2026, 1:50 PM EDT. ReNew Energy Global (NasdaqGS:RNW) has experienced recent share price weakness, with negative returns across multiple time frames despite underlying annual revenue growth of 17.01% and net income growth of 26.91%. The company, focused on renewable power generation in India, currently trades at $5.07, presenting a 57% discount to the consensus analyst fair value estimate of $7.98. This discount reflects potential upside driven by expanding manufacturing capacity and strategic investments, including a new 4 GW TOPCon facility. However, investors should also consider risks such as margin pressures from competitive bidding and dependance on asset sales, which may affect long-term profitability. The valuation gap incorporates a 13.43% discount rate to account for risk and cost of capital, suggesting the stock could be undervalued given its growth prospects and sector peers.
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