Ather Energy gets HDFC Securities Buy call as lock-in expiry signals potential share-supply pressure
Financial Express coverage flags HDFC Securities’ Buy rating on Ather Energy, with an estimated 31% upside, while an upcoming lock-in expiry could add shares to the market. China’s rare-earth export curbs remain a broader supply-chain risk for India’s EV sector.
Financial Express coverage highlights HDFC Securities’ Buy call on Ather Energy, upcoming lock-in expiry share supply, and risks to Indian EV production from China’s rare-earth export curbs.
Why this matters
The signal follows recent coverage of Ather Energy’s 28% Day 2 IPO subscription and HDFC Securities’ 31% upside view, adding potential post-lock-in share-supply pressure to the investment case.
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