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 within a Rs 2,500 crore fundraise, lifting shares to an all-time Rs 1,313.8. Hero holds 29.48% stake; Ather commands 16.12% EV two-wheeler share with FY26 revenue of Rs 3,672 crore.
Hero MotoCorp approved up to Rs 1,000 crore additional investment in EV two-wheeler maker Ather Energy via preferential allotment within its Rs 2,500 crore fundraise plan, sending Ather shares to a record high.
Why this matters
The Rs 1,000 crore commitment reinforces Hero MotoCorp's deepening backing of Ather Energy, echoing signals of Ather hitting 52-week and record highs on the investment nod within a Rs 2,500 crore fundraise.
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