Ather Energy draws 31% upside call as rare-earth supply risks cloud EV outlook
Financial Express coverage flags an HDFC Securities Buy call implying 31% upside for Ather Energy, while rare-earth supply constraints emerge as a potential risk to Indian EV production. A separate report notes nearly 6% of Ather shares could exit lock-in.
Financial Express’s Ather Energy news page highlights an HDFC Securities Buy rating with 31% upside, rare-earth supply risks to Indian EV production, and the expected release of nearly 6% of Ather and Borana Weaves shares after lock-ins.
Why this matters
Follows Ather’s Pothole+ Alerts rollout for Gen 2 and newer scooters and IPO-subscription updates, including full retail-tranche subscription by Day 2 and about 28% overall subscription.
Retail-company signals are accelerating (+410267% QoQ).