Ather Energy stock doubles in a year on record FY26 EV sales and network expansion
Ather Energy shares are up ~200% in 12 months, hitting a 52-week high of Rs 1,069. FY26 saw 2.63 lakh units sold (up 69%) and income of Rs 3,823 crore (up 66%). Experience Centres nearly doubled to 700, backed by 548 service centres and 6,000+ charging points, with a new Maharashtra plant adding 42,000 units/month by FY27.
Ather Energy stock surged ~200% in a year, backed by record FY26 sales of 2.63 lakh EVs, Rs 3,823 crore income, and retail network nearly doubling to 700 Experience Centres, with new Maharashtra plant coming by FY27.
Why this matters
The rally follows CLSA initiating coverage at 'Outperform' with 57% upside on Ather's product-led EV growth cycle, reinforcing bullish sentiment on FY26 volume and network gains.
Retail-company theme accelerating at +580100% QoQ.