Ather Energy jumps 9% on Hero MotoCorp's Rs 1,000 crore backing, mass-market scooter launch

Ather surged 9% after Hero MotoCorp approved up to Rs 1,000 crore additional investment, lifting its stake to 29.48%, alongside Ather's new mass-market scooter priced Rs 1-1.25 lakh. Patanjali Foods bucked the trend, plunging 15% on heavy edible-oil selling and now down 37% in CY2026.

— Filed Wed, 15 Jul, 2026, 13:42 IST · Source Financial Express · BrandWagon · Updated

Ather Energy surged 9% after Hero MotoCorp approved up to Rs 1,000 crore additional investment and Ather announced a mass-market scooter priced Rs 1-1.25 lakh. Patanjali Foods plunged 15% amid heavy selling in edible oil counter.