Ather Energy gets HDFC Securities Buy call; resurfacing June 2025 lock-in expiry that put nearly 6% of shares into play
HDFC Securities has initiated/maintained a Buy view on Ather Energy with an estimated 31% upside. Separately, resurfacing a June 2025 move, a lock-in expiry that month made nearly 6% of Ather Energy shares tradable, while rare-earth supply curbs remain a production risk for EV makers.
Ather Energy received HDFC Securities’ Buy rating, with an estimated 31% upside. Separately, nearly 6% of Ather and Borana Weaves shares were due to become tradable after lock-in expiry, while rare-earth curbs were flagged as an EV-production risk.
Why this matters
The signal follows Ather Energy’s April 2025 IPO Day 2, when subscription reached 28% and the retail quota was fully booked, alongside post-IPO coverage of broker upside and a lock-in share release.
The retail-company theme is accelerating, up +257800% QoQ.