Ather Energy stock doubles as FY26 e-scooter sales hit 2.6 lakh units
Ather Energy shares climbed nearly 200% over the year on record FY26 sales of 2,62,942 e-scooters (up 69%) and total income of Rs 3,823 crore (up 66%). Retail footprint doubled to 700 Experience Centres and 548 service centres, with a Maharashtra plant set to add 42,000 units/month by FY27.
Ather Energy stock rose ~200% in a year on record FY26 sales (2.6 lakh e-scooters, revenue Rs 3,823 crore), retail network doubling to 700 Experience Centres, and a planned Maharashtra plant adding 42,000 units/month by FY27.
Why this matters
The stock surge and doubled retail network follow CLSA initiating Ather Energy at 'Outperform' with 57% upside on product-led EV growth, reinforcing momentum around its FY26 sales and network expansion.
Retail-company signals are accelerating, up 562500% QoQ.