HDFC Securities' June call initiating Ather Energy coverage with Buy rating, 31% upside, resurfaces
HDFC Securities initiated coverage of Ather Energy back in June 2025 with a Buy rating and projected 31% upside, a move now resurfacing. Related market updates flagged post-IPO lock-in share releases, Helios Fund buying activity and potential EV supply-chain risks from China’s rare-earth export curbs.
HDFC Securities initiated Ather Energy coverage with a Buy rating and projected 31% upside. The page also covered Ather’s post-IPO lock-in share release, Helios Fund purchases, expected listing price and risks to Indian EV production from China’s rare-earth export curbs.
Why this matters
The resurfaced June call follows Ather Energy's April 2025 IPO subscription updates and a post-IPO watchlist covering lock-in expiry, Helios Fund buying activity and rare-earth supply risks.
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