Ather Energy draws bullish coverage as rare-earth curbs sharpen EV supply-chain risk
A Financial Express listing cites HDFC Securities initiating Buy coverage with 31% expected upside, while separate reports flag China’s rare-earth export restrictions as a potential production risk for Indian EV makers.
Ather Energy news listings include HDFC Securities initiating Buy coverage with an expected 31% upside, alongside reports on expiring share lock-ins and China’s rare-earth export restrictions threatening Indian EV production and auto stocks.
Why this matters
Ather Energy’s Buy initiation adds to recent IPO-interest signals: its retail portion reached 63% subscription on Day 1, while an April 2025 signal reported 28% subscription on Day 2. Earlier coverage also flagged EV supply-chain risk.
retail-company is accelerating, up 201171% QoQ.