Ather Energy hits 52-week high on Hero MotoCorp's ₹1,000 crore investment nod
Ather Energy shares jumped 9.20% to a 52-week high of ₹1,313.65 after Hero MotoCorp approved an additional investment of up to ₹1,000 crore via preferential allotment in the electric two-wheeler maker, where it holds a 29.48% stake. The stock has returned 276% over the past year.
Ather Energy shares hit a 52-week high, up 9%, after Hero MotoCorp approved an additional investment of up to ₹1,000 crore via preferential allotment in the electric two-wheeler maker, where it holds a 29.48% stake.
Why this matters
Adds to Ather Energy's ~200%+ annual rally driven by record FY26 sales and retail expansion, and follows Hero MotoCorp's planned ₹1,000 crore preferential issue ahead of Ather's Aug 29 mass-market e-scooter launch.
retail-company theme accelerating at +793900% QoQ.