Ather Energy Buy call resurfaces June move as lock-in expiry freed nearly 6% of shares
HDFC Securities had initiated a Buy view on Ather Energy with an estimated 31% upside, as a May 29, 2025 lock-in expiry freed nearly 6% of shares. China’s rare-earth export curbs remain a supply-chain risk for Indian EV makers.
Ather Energy coverage includes HDFC Securities’ Buy rating with a projected 31% upside, while its lock-in expiry could release nearly 6% of shares. The page also flags China’s rare-earth export curbs as a potential threat to Indian EV production.
Why this matters
The signal extends recent coverage of HDFC Securities’ 31% upside call and Ather Energy’s post-IPO share-supply, lock-in and EV supply-chain risks.
retail-company is accelerating, up 311950% QoQ.