SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

RIL’s arm acquires additional 12.56% stake in Genesis Colors

16 Aug 2018 Evaluate

Reliance Industries’ (RIL) subsidiary -- Reliance Brands -- has purchased an additional 12.56% equity shareholding in Genesis Colors (GCL) for about Rs 52.77 crore, taking its total stake in GCL to 46.39%. GCL belongs to a similar industry as Reliance Brands. This acquisition will add to the existing portfolio of branded fashion retail outlets.

RIL is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Reliance Industries Share Price

1353.65 -8.95 (-0.66%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1353.65
Indian Oil Corp. 147.40
BPCL 318.05
HPCL 384.70
MRPL 180.75
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:

×