ReNew Energy Raises Bottom End Of FY24 Adj EBITDA Guidance To INR 63B - INR 66B From INR 62B - INR 66B
Portfolio Pulse from Benzinga Newsdesk
ReNew Energy has increased the lower end of its FY24 adjusted EBITDA guidance from INR 62 billion to INR 63 billion, while maintaining the upper end at INR 66 billion.
February 20, 2024 | 11:44 am
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ReNew Energy has revised its FY24 adjusted EBITDA guidance, indicating a positive outlook on its financial performance.
By raising the lower end of its EBITDA guidance, ReNew Energy demonstrates confidence in its operational performance and financial stability. This adjustment suggests an optimistic financial outlook, which could positively influence investor sentiment and potentially lead to an increase in RNW's stock price in the short term.
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