Stocks to watch today: Reliance Power, Cipla, Shriram Finance, IT stocks
India TodayThe stock market is expected to open higher on Thursday, tracking gains in Asian markets. In today’s session, several stocks such as Reliance Power Ltd, Cipla, PC Jeweller, tec are likely to be in focus due to recent developments. RELIANCE POWER LTD Reliance Power Ltd will be under the spotlight after its subsidiary, Reliance NU Suntech, won a 930 MW solar energy project with a battery energy storage system in a reverse e-auction held by the Solar Energy Corporation of India on 9 December. JUBILANT BHARTIA GROUP In a major business deal, Coca-Cola has sold a 40% stake in its Indian bottling subsidiary, Hindustan Coca-Cola Beverages Pvt Ltd, to Jubilant Bhartia Group for Rs 12,500 crore. SAMMAAN CAPITAL Sammaan Capital’s board has approved a fundraising plan of up to Rs 2,500 crore via qualified institutional placement.