SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Reliance Infra to sell its cement business

09 Oct 2015 Evaluate

In a bid to cut debt through sale of non-core assets, Reliance Infrastructure is planning to sell its cement business. Morgan Stanley has been appointed as banker to scout for buyers for Reliance Cements. The company’s debt stood at around Rs 25,100 crore at March 31. The sale will help the company to bring down debt by 20-25 per cent.

Reliance Infrastructure is the largest power distribution licensee in Mumbai, with 25 years license to distribute electricity in its licensed distribution areas spread over 400 Sq. Kms. in the suburbs and surrounding areas of Mumbai, and supplying power to around 29 lakh consumers.

Reliance Infra Share Price

89.36 0.00 (0.00%)
09-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 380.30
Tata Power 399.50
Adani Power 175.70
Power Grid Corp 302.60
Torrent Power 1467.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×