BlackRock Inc. (NYSE:BLK) plans to invest $333.6 million in India’s Aditya Birla Renewables Limited, a renewable energy company with a 4.3GW portfolio across 10 Indian states. The investment reflects India’s growing demand for renewable energy amid decarbonization efforts. Additionally, BlackRock confirmed a 6.72% stake in Ireland’s Avadel Pharmaceuticals, strengthening its healthcare sector exposure. Morgan Stanley reiterated an Overweight rating on BlackRock with a $1,514 price target. BlackRock, Inc. (NYSE:BLK) is the world’s largest asset manager, offering investment management services and financial technology solutions to help individuals and institutions grow wealth. The company manages trillions of dollars in assets, investing in various sectors and providing retirement solutions.

Read more at Yahoo Finance: BlackRock, Inc. (BLK) to Invest $333.6M in India’s Aditya Birla Renewables Limited