Sembcorp Energy India Limited (SEIL)

Higher energy prices saw SCI announce a net profit of $883 million for FY2022 before exceptional items, up 83% y-o-y.

Sembcorp enjoyed a further lift from a slew of positive calls from analysts following news of the proposed sale of its India plant

The award of the solar project is not expected to have a material impact on Sembcorp's EPS and NAV per share.

SINGAPORE (Sept 12): DBS Group Research is maintaining its “buy” recommendation on Sembcorp Industries (SCI) with a target price of $3.20.

(July 10): Sembcorp Industries has pumped in more funds to support the growth of its India renewable energy business.

(June 18): Sembcorp Industries says its energy arm in India -- Sembcorp Energy India Limited (SEIL) -- is withdrawing a draft prospectus for listing.

SINGAPORE (Aug 6): DBS Group Research is still clinging on to the hope of a merger between Keppel’s offshore & marine arm and Sembcorp Marine despite the spinoff not happening in last year’s strategy review.

SINGAPORE (June 7): Sembcorp and Ascendas-Singbridge’s joint venture (JV) vehicle Singapore Amaravati Investment Holdings (SAIH) has formalised its collaboration with the State Government of Andhra Pradesh (SGOAP) to jointly master develop the 684-hecta

SINGAPORE (Feb 23): Sembcorp Industries says it has started the process for an initial public offering of Sembcorp Energy India on BSE and the National Stock Exchange of India, with the filing of a draft prospectus.

Singapore (Feb 21): CIMB is maintaining its “add” call on Sembcorp Industries (SCI) with an unchanged target price of $3.87 after the conglomerate on Monday said it was reorganising its India energy operations for a more streamlined shareholding struc