Ather Energy draws bullish coverage as lock-in expiry raises share-supply watch
Ather Energy’s April–June 2025 news flow included HDFC Securities initiating Buy coverage with a projected 31% upside, alongside investor focus on additional shares becoming tradeable after the post-IPO lock-in expiry. The updates also flagged EV-sector exposure to China rare-earth supply curbs.
Ather Energy news roundup covers HDFC Securities initiating Buy coverage with projected 31% upside, lock-in expiry-related share supply, its tepid IPO listing, and wider concerns over China rare-earth curbs affecting Indian EV production.
Why this matters
The coverage and lock-in watch follow Ather Energy’s Q1 FY27 update, where revenue rose 89% and loss narrowed 71%, and its retail IPO tranche was fully subscribed by Day 2.
Retail-company theme is accelerating, up 227717% QoQ.