Resurfacing a May 2025 move: HDFC Securities initiated Ather Energy at Buy, saw 31% upside
Ather Energy's post-IPO coverage resurfaces, including its May 2025 listing at Rs 323.55, a subsequent lock-in share release and a May 2025 Buy initiation from HDFC Securities, which cited the electric two-wheeler maker's market potential.
Ather Energy coverage tracks its May 2025 IPO listing, subsequent lock-in share release and investor sentiment, alongside HDFC Securities’ Buy initiation citing EV-market potential and 31% upside.
Why this matters
The resurfaced initiation follows recent signals that Ather Energy’s IPO retail tranche, retail portion and retail quota were fully subscribed on Day 2.
Retail-company is accelerating, up 397800% QoQ.