HDFC Securities' Ather Energy Buy call resurfaces, June's 31% upside view back in focus
HDFC Securities' initiation of Ather Energy with a Buy rating and a projected 31% upside — first made in June 2025 — is resurfacing as investors track lock-in expiries, Helios Fund activity and potential EV supply-chain risks from China's rare-earth export curbs.
HDFC Securities began Ather Energy coverage with a Buy rating and projected 31% upside. The roundup also flagged upcoming lock-in expiries, Helios Fund’s April purchase, and risks to Indian EV production from China’s rare-earth export curbs.