Ather Energy stock nearly doubles as FY26 sales jump 69% to 2.63 lakh units
Ather Energy shares surged ~200% in a year on record FY26 results: 2,62,942 EVs sold (up 69%), total income of Rs 3,823 crore (up 66%), and adjusted gross margin at 25%. Retail network doubled to 700 Experience Centres with 548 service centres and 6,000+ charging points. New Maharashtra capacity of 42,000 units/month targeted by FY27.
Ather Energy stock up ~200% in a year on record FY26 results: 2.63 lakh EVs sold, Rs 3,823 crore income, retail network doubled to 700 Experience Centres, plus new Maharashtra capacity coming by FY27.
Why this matters
Ather Energy's ~200% stock surge follows record FY26 results and rapid network expansion. It aligns with CLSA's 'Outperform' rating targeting Rs 1,450 and the board's Rs 2,500 crore fundraise for Factory 3.0 and retail growth.
Retail-company signals are accelerating, up 575100% QoQ.