Ather Energy draws bullish coverage as lock-in expiry and rare-earth risks loom
Financial Express coverage flags HDFC Securities’ Buy call with a projected 31% upside, while nearly 6% of Ather Energy shares could enter the market after lock-in expiry. China’s rare-earth export curbs remain a potential supply-chain risk for Indian EV makers.
Financial Express Ather Energy coverage includes HDFC Securities initiating Buy coverage with a projected 31% upside, lock-in expiry-related share supply, and the potential impact of China’s rare-earth export curbs on Indian EV makers.
Why this matters
The bullish call follows Ather Energy's IPO reaching 28% subscription on day 2 with retail fully booked, plus a resurfaced June 2026 update citing 700 Experience Centres and 69% FY26 sales growth.
retail-company is accelerating, up +218433% QoQ.