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ReNew Energy Global ( (RNW) ) just unveiled an update.
On June 24, 2025, ReNew Energy Global Plc announced the completion of a sale of its solar and transmission projects, initially disclosed on June 9, 2025. The transaction, valued at approximately $275 million, is expected to bring a cash inflow of around $80 million to ReNew after debt transfer and change-in-law proceeds. This strategic move is likely to enhance ReNew’s financial position and operational focus, potentially impacting its market standing and stakeholder interests positively.
The most recent analyst rating on (RNW) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on ReNew Energy Global stock, see the RNW Stock Forecast page.
Spark’s Take on RNW Stock
According to Spark, TipRanks’ AI Analyst, RNW is a Neutral.
ReNew Energy Global scores moderately due to strong operational efficiency and growth in portfolios, as highlighted in the earnings call. However, concerns about high leverage, cash flow challenges, and a high P/E ratio weigh down the overall score. The technical outlook is cautious, with mixed indicators suggesting potential volatility in the short term.
To see Spark’s full report on RNW stock, click here.
More about ReNew Energy Global
ReNew Energy Global Plc operates in the renewable energy industry, focusing on solar and transmission projects. The company is engaged in the development and management of clean energy solutions, contributing to the global shift towards sustainable energy sources.
Average Trading Volume: 808,754
Technical Sentiment Signal: Buy
Current Market Cap: $2.38B
See more data about RNW stock on TipRanks’ Stock Analysis page.