HDFC Securities initiates Ather Energy with Buy call, sees 31% upside
Ather Energy’s April–June news flow includes HDFC Securities initiating Buy coverage, post-lock-in share releases and concerns that China’s rare-earth export curbs could disrupt Indian EV production.
Ather Energy news roundup covers HDFC Securities initiating Buy coverage with 31% expected upside, lock-in share releases, Helios Fund additions, and risks to Indian EV production from China’s rare-earth export curbs.
Why this matters
The Buy initiation follows signals focused on Ather Energy’s Q1 results, including Rizta demand, margins and cash burn, and renewed attention on its April 2025 IPO subscription and retail demand.
Retail-company signals are accelerating, up 224967% QoQ.