Ather Energy gets Buy call as post-IPO lock-in expiry lifts tradable share supply
A Financial Express news roundup cites HDFC Securities’ Buy rating and a projected 31% upside for Ather Energy, alongside coverage of its IPO listing and a lock-in expiry that made nearly 6% of shares eligible for trading.
Ather Energy news roundup covers HDFC Securities’ Buy rating and 31% upside estimate, IPO listing coverage, and lock-in expiry affecting nearly 6% of Ather and Borana Weaves shares.
Why this matters
The Buy call and expanded tradable supply follow Ather Energy’s Q1 EBITDA-positive result, 87% revenue growth and accelerated Hosur capacity expansion.
Retail-company signals are accelerating, up +230100% QoQ.