Hero MotoCorp to invest Rs 1,000 Cr in Ather's Rs 2,500 Cr QIP as stock hits record high
Hero MotoCorp approved up to Rs 1,000 crore additional investment in Ather Energy via preferential allotment, part of the EV two-wheeler maker's Rs 2,500 crore fundraise. Ather shares hit a record Rs 1,313.8, taking market cap to Rs 49,750 Cr. It holds third spot in India's e-2W market with 16.12% share.
Hero MotoCorp approved up to Rs 1,000 crore additional investment in EV two-wheeler maker Ather Energy via preferential allotment, part of Ather's Rs 2,500 crore fundraise. Ather shares hit a record high; it holds third spot in India's e-2W market.
Why this matters
The Rs 1,000 crore commitment extends Ather's momentum after the stock hit a 52-week high on Hero MotoCorp's investment nod and rose ~200% in a year on record FY26 sales and retail expansion.
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