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ReNew Energy Global ( (RNW) ) has shared an update.
On October 8, 2025, ReNew Energy Global announced the sale of its 300 MW solar project in Rajasthan to Sembcorp Green Infra Private Limited for approximately $191 million. This transaction, involving the ReNew Sun Bright project commissioned in November 2021, is expected to generate about $98 million in cash inflow for ReNew, enhancing its liquidity and strategic repositioning in the renewable energy market.
The most recent analyst rating on (RNW) stock is a Hold with a $9.00 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’s strong technical momentum and positive earnings call are the most significant factors driving the score. However, financial risks due to high leverage and negative free cash flow, along with a high P/E ratio, moderate the overall score.
To see Spark’s full report on RNW stock, click here.
More about ReNew Energy Global
ReNew Energy Global Plc is a leading company in India specializing in decarbonization solutions. The company focuses on renewable energy projects, including solar and wind power, contributing to sustainable energy development.
Average Trading Volume: 807,569
Technical Sentiment Signal: Buy
Current Market Cap: $2.92B
For an in-depth examination of RNW stock, go to TipRanks’ Overview page.