HDFC Securities initiates Ather Energy with Buy rating, citing 31% upside
Financial Express reports that HDFC Securities has started coverage of Ather Energy with a Buy call and projected 31% upside. The broader roundup also flags lock-in expiries, institutional holdings and rare-earth supply risk for India’s EV ecosystem.
Financial Express roundup covers HDFC Securities initiating Ather Energy with a Buy rating and 31% upside, alongside lock-in expiry, fund holdings, IPO pricing and rare-earth export risks to Indian EV production.
Why this matters
The coverage follows Ather’s rollout of Pothole+ Alerts for Gen 2 and newer connected scooters and renewed attention to its April 2025 IPO, which reached 28% subscription on Day 2.
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