HDFC Securities initiates Ather Energy with Buy call, sees 31% upside
Financial Express listings flag fresh analyst coverage for Ather Energy, alongside updates on share lock-ins, investor holdings and rare-earth supply risks affecting Indian EV makers.
Ather Energy news listings include HDFC Securities initiating Buy coverage with a projected 31% upside, alongside updates on expiring share lock-ins, investor holdings and rare-earth export risks for Indian EV manufacturers.
Why this matters
The call follows signals that Ather Energy’s IPO reached 28% subscription by Day 2 with retail fully booked, while a separate update flagged a 6% share lock-in expiry nearing.
Retail-company signals are accelerating, up +308975% QoQ.