Ather Energy coverage flags valuation upside alongside rare-earth supply risk

Financial Express’s Ather Energy coverage cites an HDFC Securities Buy call with 31% expected upside, while also tracking IPO lock-in selling and potential EV production risks from China’s rare-earth export curbs.

— Filed Thu, 30 Jul, 2026, 05:31 IST · Source Financial Express · BrandWagon · Updated

Financial Express’s Ather Energy coverage includes an HDFC Securities Buy rating with 31% upside, IPO lock-in expiry selling, investor holdings, and risks to Indian EV production from China’s rare-earth export curbs.

Why this matters

The signal extends recent Ather coverage spanning its IPO reaching 28% subscription on Day 2, a separate 31% upside call amid rare-earth risks, and Pothole+ Alerts for newer connected scooters.

Retail-company signals are accelerating, up 308075% QoQ.