Ather Energy stock up ~200% in a year on strong FY26; analysts eye Rs 1,150
Ather Energy shares hit a 52-week high of Rs 1,069 after FY26 results showed 2.63 lakh units sold (up 69%) and income of Rs 3,823 cr (up 66%). Adjusted gross margin expanded to 25% while EBITDA loss narrowed to Rs 30 cr. Retail footprint grew to 700 Experience Centres, 548 service centres and 6,000+ charging points. Brokerages stay bullish.
Ather Energy shares up ~200% in a year on strong FY26 results—2.63 lakh units sold, Rs 3,823 cr income, expanding margins, and retail network growing to 700 Experience Centres. Analysts stay bullish with targets near Rs 1,150.