Latest news with #Shunya
United News of India
2 days ago
- Business
- United News of India
Reliance Consumer Products enters healthy beverages market with Naturedge JV
Mumbai, Aug 19 (UNI) Reliance Consumer Products Ltd (RCPL) has officially entered the healthy functional beverages market by acquiring a majority stake in a joint venture with Naturedge Beverages, the maker of the natural herbal functional drink brand 'Shunya'. The move strengthens RCPL's vision of becoming a "total beverage company" by adding health-focused, herbal-natural offerings to its expanding portfolio, according to a company statement. Naturedge Beverages, founded in 2018 by Siddhesh Sharma of the Baidyanath Group, is known for its flagship brand 'Shunya', a zero-calorie, zero-sugar functional drink infused with Ayurvedic herbs like Ashwagandha, Brahmi, Khus, Kokum, and Green Tea. The joint venture will help scale the 'Shunya' beverage brand across India through RCPL's vast distribution network. RCPL Executive Director Ketan Mody stated that the partnership had strengthened the company's beverage portfolio by offering consumers health-driven alternatives. He added that the collaboration would help position 'Shunya' as a pan-India brand, in line with the rising consumer preference for herbal-natural functional beverages. The addition of Naturedge complements RCPL's earlier acquisitions of Campa, Raskik, and launches like Campa Energy, as the company seeks to transform India's beverage market. UNI XC AKT SSP
Business Upturn
2 days ago
- Business
- Business Upturn
Reliance Industries gains nearly 2% on Citi upgrade
By Aditya Bhagchandani Published on August 19, 2025, 09:20 IST Shares of Reliance Industries Ltd (RIL) rose nearly 2% to ₹1,406 in early trade on Tuesday, August 19, after global brokerage Citi reiterated a 'Buy' rating with a target price of ₹1,690, citing strong growth prospects and supportive regulatory developments. One of the key triggers for investor sentiment is the Securities and Exchange Board of India's (SEBI) new proposal to ease minimum public offer requirements for large IPOs. Under the draft framework, companies with a post-IPO market capitalisation of over ₹5 lakh crore (approx. $57 billion) would now need to offload just 2.5% of post-issue capital, instead of the earlier 5%. Analysts see this move as a major positive for Jio Platforms' potential listing, as it reduces the immediate supply overhang. Citi values Jio Platforms at an enterprise value of $135 billion (equity value $120 billion+). A 5% public float would have translated into $6 billion+ of share supply—challenging for Indian markets to absorb given 35% retail reservations—whereas a 2.5% float cuts this to around $3 billion, easing concerns over liquidity and potential holding-company discount risks for RIL. Separately, RIL's fast-moving consumer goods arm, Reliance Consumer Products Ltd (RCPL), announced its entry into the healthy functional beverages space. The company has acquired a majority stake in Naturedge Beverages, the maker of the herbal-infused, zero-calorie brand Shunya. The move expands RCPL's beverage portfolio beyond Campa Cola, Campa Energy, and Raskik, as it seeks to tap into India's growing demand for natural, herbal, and low-calorie drinks. Shunya, which uses Ayurvedic herbs like Ashwagandha, Brahmi, Khus, Kokum, and Green Tea, has been gaining traction among health-conscious urban consumers. Analysts believe the twin triggers—IPO regulation tailwinds for Jio and strategic diversification in consumer products—reinforce RIL's long-term growth story across telecom, retail, and FMCG. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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Business Standard
2 days ago
- Business
- Business Standard
RIL shares rise 2%, top gainer on Sensex; what's fuelling the move?
Reliance Industries (RIL) shares rose 2.3 per cent on Tuesday, August 19, 2025, logging an intra-day high at ₹1,413 per share on BSE. At 9:31 AM, RIL share price was trading 2.16 per cent higher at ₹1,410.8 per share, emerging as the top gainer on Sensex. In comparison, the Sensex was 0.23 per cent higher at 81,464.37. Why were RIL shares rising? The buying on the counter came after the company arm Reliance Consumer Products, acquired a majority stake in a Joint Venture (JV) with Naturedge Beverages. This move will help the company foray into the fast-growing healthy functional beverage space. Through the JV, Reliance Consumer will focus on offering consumers a range of herbal-natural beverages, thus further enhancing its presence as a Total Beverage Company. Naturedge Beverages was founded by Siddhesh Sharma, a third-generation entrepreneur from one of India's most trusted manufacturers of Ayurvedic products. The company infuses the benefits of Indian Ayurveda and contemporary beverage choices. Its flagship offering 'Shunya' is a herbinfused functional packaged beverage with zero sugar and zero calories that has already gained the attention of consumers across India. This partnership would enable Reliance Consumer Products to expand the beverages portfolio by adding healthy product offerings, including Energy drinks, Stills, Energy Shots, Herb-infused water, among others. About Reliance Consumer Products Reliance Consumer Products is RIL's FMCG division that develops consumer goods using global standards and local market knowledge. The company focuses on creating affordable, accessible products for Indian households while leveraging Reliance's established infrastructure and market presence. RCPL aims to address changing consumer preferences across diverse market segments, positioning itself as a value-focused player in India's consumer goods sector. About Naturedge Beverages Naturedge Beverages operates in India's functional beverage market with brands Shunya and Armour, launched in 2018. The company produces low-sugar beverage alternatives and has expansion plans beyond India. Driven by in-house expertise in formulation, research and development R&D, and ingredient innovation, it crafts products that combine taste with real health benefits, setting new benchmarks in the market.
Time of India
2 days ago
- Business
- Time of India
Reliance Industries shares in focus after majority stake acquisition in Naturedge Beverages
Reliance Industries Ltd (RIL) shares will be in focus on Tuesday, August 19, after its fast-moving consumer goods arm, Reliance Consumer Products Ltd (RCPL), announced the acquisition of a majority stake in Naturedge Beverages . The move marks RCPL's entry into the healthy functional beverages category, a segment that has been witnessing rapid growth on the back of rising consumer demand for natural and health-oriented alternatives. Through this joint venture with Naturedge, RCPL aims to broaden its beverage portfolio by offering a range of herbal and natural drinks. RCPL stated that the step is part of its strategy to strengthen its position as a total beverage company, expanding beyond traditional categories into functional and wellness-driven segments. The company highlighted that the healthy functional beverage market in India represents a significant opportunity, supported by a strong shift in consumer preference towards healthier lifestyles and natural product choices. Naturedge Beverages, founded in 2018 by Siddhesh Sharma, a third-generation entrepreneur from the Baidyanath Group, has built its identity around blending the principles of Ayurveda with modern beverage formats. Its flagship brand, Shunya, is positioned as a functional packaged beverage infused with herbs and superfoods while being free from sugar and calories. The drink includes ingredients such as Ashwagandha, Brahmi, Khus, Kokum, and Green Tea, offering consumers wellness benefits associated with traditional Indian herbs. RCPL has been steadily building its beverage portfolio since its inception in 2022. The company has expanded aggressively through acquisitions and product launches, including the takeover of Campa, the introduction of Campa Energy, and the addition of Raskik beverages. With the inclusion of Shunya under its umbrella, RCPL reaffirmed its intent to provide a comprehensive beverage portfolio to Indian consumers. The company noted that this partnership with Naturedge would allow it to expand offerings in multiple categories, including energy drinks, still beverages, energy shots, and herb-infused water, thereby catering to evolving consumer needs. The company emphasised that its vision is to transform the beverage experience for Indian consumers by creating a portfolio that addresses both taste and health, reflecting long-term growth opportunities in the segment. On Monday, Reliance Industries shares closed 0.5% higher at Rs 1,380.95 on the BSE. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
2 days ago
- Business
- Time of India
Reliance buys majority stake in Naturedge
ANI file photo MUMBAI: Reliance Consumer Products (RCPL) bought a majority stake in a joint venture with Naturedge Beverages, marking its foray into the healthy functional beverages space. Naturedge Beverages is from the house of the 108year-old Baidyanath Group, which has a legacy of making Ayurvedic products. The acquisition comes at a time when there is a shift among consumers towards healthier choices, a trend which picked up post-Covid. Besides giving RCPL a leg up in the nascent functional beverages segment, it will also broaden the company's overall beverages portfolio. Naturedge, founded in 2018 by Siddhesh Sharma, a thirdgeneration entrepreneur from Baidyanath Group, is the maker of Shunya—a herb-infused functional packaged beverage with zero sugar and zero calories. Shunya will now come under RCPL's fold as it steps up competition against beverage majors such as Coca-Cola and PepsiCo by betting on newer categories that may have the potential to grow bigger going ahead amid evolving consumption patterns.
