Ather Energy gets Buy call with 31% upside as post-IPO share supply approaches
HDFC Securities has initiated a Buy view on Ather Energy, forecasting 31% upside. Separate reports flagged the expiry of post-IPO lock-ins and potential EV production risks from China’s rare-earth export curbs.
Ather Energy received HDFC Securities' Buy rating with projected 31% upside. Reports also covered its post-IPO lock-in share release, Helios Fund investment and listing expectations, alongside risks to Indian EV production from China’s rare-earth export curbs.
Why this matters
The signal follows Ather Energy’s April 2025 IPO subscription update and later archive coverage of broker optimism and EV supply-chain risk, adding a current valuation view alongside incoming post-IPO share supply.
retail-company is accelerating, up 226817% QoQ.