HDFC Securities starts Ather Energy with Buy call; lock-in expiry may free nearly 6% of shares
A Financial Express roundup cites HDFC Securities initiating coverage on Ather Energy with 31% expected upside. Separately, nearly 6% of Ather Energy shares may become tradable after a lock-in expiry expected next month, creating a near-term market signal.
Ather Energy news roundup includes HDFC Securities initiating Buy coverage with 31% expected upside and a report that nearly 6% of Ather and Borana Weaves shares could become tradable after lock-in expiry.
Why this matters
The call and potential supply event follow Ather Energy’s IPO-demand signals: the IPO reached 28% subscription on Day 2, while its retail portion was reported 63% subscribed on Day 1 in April 2025.
Retail-company signals are accelerating +225683% QoQ.