Ather Energy's Buy call with 31% upside estimate resurfaces from June IPO aftermath
A Financial Express roundup revisits HDFC Securities' Buy rating and projected 31% upside for Ather Energy, issued alongside lock-in expiry and fund-trading updates following its muted IPO debut in June 2025.
Ather Energy news roundup covers HDFC Securities’ Buy rating and 31% upside estimate, lock-in expiry shares, fund buying, and the company’s tepid IPO listing amid volatile Indian market conditions.
Why this matters
The roundup follows signals that Ather Energy’s post-IPO lock-in expiry expanded tradable supply and that it became EBITDA-positive in Q1 as revenue rose 87%. Renewed focus on the earlier Buy call adds valuation context.
Retail-company signals are accelerating, up 198171% QoQ.