Ather Energy jumps ~200% in a year on record FY26 EV sales and margin gains
Ather shares hit a 52-week high of Rs 1,069 after FY26 sales rose 69% to 2,62,942 units and income climbed 66% to Rs 3,823 crore. Retail footprint expanded to 700 Experience Centres, 548 service centres and 6,000+ charging points. Analysts stay bullish with a Rs 1,150 target despite FAME subsidy expiry pressure.
Ather Energy shares surged ~200% in a year on record FY26 EV sales, expanding retail network to 700 Experience Centres and improving margins. Analysts stay bullish, citing Maharashtra capacity expansion despite FAME subsidy expiry pressure.