Ather Energy draws 31% upside call as lock-in expiry nears
Financial Express coverage flags HDFC Securities’ Buy initiation on Ather Energy, with 31% expected upside, while nearly 6% of shares are set to exit lock-in. Rare-earth supply restrictions remain a near-term risk for India’s EV makers.
Ather Energy news roundup includes HDFC Securities initiating Buy coverage with 31% expected upside, a forthcoming lock-in expiry affecting nearly 6% of shares, and analysis of China’s rare-earth curbs potentially disrupting Indian EV production.