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HDFC Securities initiates Ather Energy coverage, sees 31% upside

HDFC Securities initiated Ather Energy coverage with a Buy rating and 31% expected upside, citing EV-market potential. The news page also references Ather’s IPO listing, a June 2025 lock-in share release, and fund buying activity.

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Reported figures

From the report. Source details below

  • Nearly 6% of Ather Energy and Borana Weaves shares

Other figures

  • May 29, 2025
  • May 23, 2025
  • June 10

The source

Source Read the source at Financial Express

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