Resurfacing Ather Energy’s June 2025 coverage: 31% upside call paired with lock-in and supply-risk flags
Resurfacing Financial Express coverage from April–June 2025, which cited an HDFC Securities Buy call implying 31% upside, while nearly 6% of Ather Energy shares were due to enter the market after a May lock-in expiry. China’s rare-earth curbs were also flagged at the time as a potential risk for Indian EV production.
Ather Energy coverage included an HDFC Securities Buy rating with 31% upside, IPO listing analysis and a May lock-in expiry affecting nearly 6% of shares. Reports also flagged China’s rare-earth curbs as a risk to Indian EV production.
Why this matters
The resurfaced June coverage follows April 2025 Ather Energy IPO signals, including 63% Day 1 retail subscription and a fully booked retail tranche on Day 2.
Retail-company is accelerating, up 256960% QoQ.