# ATHERENERG (ATHERENERG) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/atherenerg

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,613.6
- Change: +4.10%
- As of: 2026-09-18
- 1D return: +5.81%
- 5D return: -1.10%
- 1M return: +13.13%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, ATHERENERG is trading at ₹1640.0, exhibiting a strong bullish technical stance across daily, weekly, and monthly timeframes. All observed daily, weekly, and monthly indicators show the price trading above key moving averages and the Supertrend indicator, suggesting sustained upward momentum. The stock has shown positive returns across multiple periods, including a 1.92 return over the past year. However, a recent high-severity anomaly on September 15, 2026, with a downward range of 0.07 and a return of -0.05, warrants attention. The stock is currently positioned in the upper quartile of its recent trading ranges on daily, weekly, and monthly scales.

The nearest resistance level is observed at ₹1673.5, approximately 2.04% above the current price. Support is identified at ₹1608.33, about 1.93% below the current price, followed by further support at ₹1587.87. The stock's annualized volatility is 0.48, with a current drawdown of -0.05 and a maximum drawdown of -0.21, indicating moderate risk. A monthly Harami pattern is currently active, which can sometimes signal potential trend continuation or reversal depending on subsequent price action.

- The stock is trading above its daily, weekly, and monthly Supertrend indicators and key moving averages.
- Nearest resistance is at ₹1673.5 (2.04% above current price).
- Nearest support is at ₹1608.33 (1.93% below current price).
- A high-severity downward anomaly occurred on September 15, 2026.
- A monthly Harami pattern is active as of September 18, 2026.

- Harami
- Doji
- Inside Bar
- Hammer
- Evening Star
- Bullish Engulfing Reversal

### News Context

On September 16, 2026, Ather Energy was mentioned in a report by JM Financial Services analyst Akshay Bhagwat, who shared key entry levels and targets for several stocks, including Ather Energy. This commentary falls within the broader context of technical analysis discussions in the market.

The same day, a separate report highlighted Unimech Aerospace and Manufacturing's potential Rs 750 crore Qualified Institutional Placement (QIP) for this month. While not directly related to Ather Energy, this news provides context on capital-raising activities within the broader manufacturing and aerospace sectors.

- On September 16, 2026, JM Financial Services analyst Akshay Bhagwat provided technical analysis, including entry levels and targets, for Ather Energy shares.
- The commentary on Ather Energy was part of a broader discussion of multiple Indian listed stocks by the analyst.
- Separately, on September 16, 2026, Unimech Aerospace and Manufacturing was reported to be likely launching a ₹750 crore QIP in September.

- Paytm, KRN Heat Exchanger, Ather Energy, Vishal Mega Mart: Expert shares key entry levels, targets
- Unimech Aerospace likely to launch Rs 750-crore QIP this month

### What Changed

As of September 18, 2026, Ather Energy's stock has seen an increase, trading at ₹1640.0 compared to its previous price of ₹1550.0. This marks a recent upward movement in the stock's valuation. The company's profile on the NSE remains unchanged, indicating continuity in its market listing and operational context.

- Stock price increased to ₹1640.0 on September 18, 2026.
- Previous stock price was ₹1550.0.
- Ather Energy is listed on the NSE.

### Official Filings

Ather Energy Limited has disclosed several investor engagement activities and a significant equity issuance. The company is scheduled to participate in multiple investor and analyst meetings throughout September 2026, including the Arihant Capital's Bharat Connect Conference on September 29, 2026. These meetings are intended for business overview discussions, with the company emphasizing that no unpublished price-sensitive information will be shared. Separately, on September 1, 2026, Ather Energy Limited completed the allotment of 484,551 equity shares under its ESOP 2025 Plan. This issuance resulted in an increase in the company's paid-up share capital to INR 39,66,03,751, with a total of 39,66,03,751 equity shares outstanding. The delay in this disclosure was attributed to the ESOP plan requiring shareholder approval via postal ballot. Additionally, on August 27, 2026, promoter entities, including Tarun Sanjay Mehta and Hero MotoCorp Limited, acquired a substantial number of convertible warrants valued at approximately INR 10.6 billion in total, with 25% of the price paid upfront.

- Ather Energy Limited will participate in investor and analyst meetings throughout September 2026, including the Arihant Capital's Bharat Connect Conference on September 29, 2026.
- On September 1, 2026, 484,551 equity shares were allotted under the ESOP 2025 Plan, increasing paid-up share capital to INR 39,66,03,751.
- Promoter entities, including Hero MotoCorp Limited, acquired convertible warrants valued at approximately INR 10.6 billion on August 26-27, 2026.
- The company has scheduled multiple in-person and virtual investor meetings in August and September 2026.
- Discussions in investor meetings will be based on publicly available information, with no unpublished price-sensitive information to be shared.

- Ather Energy Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Ather Energy Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Ather Energy Limited has informed the Exchange regarding allotment of 484551 equity shares pursuant to ESOP vide circular resolution passed on September 01, 2026 |SUBJECT: Allotment of Securities
- Ather Energy Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- Ather Energy Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Ather Energy Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- ATHERENERG|Ather Energy Limited|Original|Regulation 7 (2)|IT_24448_WebXMLFile_20260828_154909574.xml|IT_24448_20260828_154909619_WEB.html|16181|48462|-
- Ather Energy Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Ather Energy Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Ather Energy Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### Fundamentals

Ather Energy's recent operating performance shows a significant increase in sales, with reported sales reaching ₹360 crore in June 2024, up from ₹523 crore in March 2024 on a sequential basis. However, the company has reported operating losses across all periods presented. For the quarter ending June 2024, operating profit was ₹-128 crore, with an operating profit margin (OPM) of -36.0%. Despite sales growth, the company has not yet achieved profitability, with net losses reported consistently. The net loss for June 2024 was ₹-183 crore.

Financially, the company's balance sheet shows increasing borrowings, rising from ₹485 crore in March 2024 to a projected ₹619 crore by March 2025. Equity capital has also seen a significant shift, moving from ₹0.0 crore in March 2024 to a projected ₹29 crore by March 2025. Cash flow from operations has been negative, with a reported ₹-268 crore in March 2024 and a projected ₹-721 crore for March 2025. Free cash flow has also remained negative throughout the historical and projected periods.

Key monitoring areas include the company's ability to improve its operating margins, which have shown a projected improvement from -46.0% in March 2024 to -25.0% by March 2025, and eventually -6.0% by March 2026. Additionally, investors may wish to track the trend in net losses and the company's cash burn rate, as well as the increasing debt levels.

- Sales reached ₹360 crore in June 2024, a sequential increase from ₹523 crore in March 2024.
- Operating profit for June 2024 was ₹-128 crore, with an OPM of -36.0%.
- Net loss for June 2024 was ₹-183 crore.
- Borrowings are projected to increase from ₹485 crore in March 2024 to ₹619 crore by March 2025.
- Cash flow from operations was ₹-268 crore in March 2024, with a projected ₹-721 crore for March 2025.

### Bull Case

Ather Energy's financial performance shows significant growth in sales and profits over the trailing twelve months (TTM), alongside a substantial increase in equity capital and reserves. The company's balance sheet is projected to expand considerably by March 2026, with notable increases in total assets, driven by investments and other assets. Cash flow from financing activities is also expected to rise significantly, indicating potential capital raising or debt management activities. Technically, the stock exhibits a bullish trend across daily, weekly, and monthly timeframes, supported by positive moving average slopes and a strong supertrend indicator.

- Compounded sales growth was 67% on a TTM basis, and compounded profit growth was 52% on a TTM basis.
- Equity capital is projected to increase from ₹29 crore in March 2025 to ₹38 crore in March 2026.
- Reserves are forecast to grow from ₹464 crore in March 2025 to ₹2,534 crore in March 2026.
- Total assets are projected to more than double from ₹2,101 crore in March 2025 to ₹4,722 crore in March 2026.
- Cash flow from financing activities is expected to increase from ₹703 crore in March 2025 to ₹2,497 crore in March 2026.
- The stock shows a bullish supertrend direction on daily, weekly, and monthly charts as of September 18, 2026.

- Paytm, KRN Heat Exchanger, Ather Energy, Vishal Mega Mart: Expert shares key entry levels, targets
- Unimech Aerospace likely to launch Rs 750-crore QIP this month

### Bear Case

Ather Energy's financial outlook presents several cautionary signals. The company's cash flow from operations has shown volatility, moving from a negative ₹721.0 crore in March 2025 to a marginal ₹32.0 crore in March 2026. Furthermore, free cash flow has remained negative, decreasing from ₹-1060.0 crore in March 2025 to ₹-474.0 crore in March 2026, indicating ongoing cash burn. The balance sheet reflects a significant increase in investments from ₹41.0 crore in March 2025 to ₹552.0 crore in March 2026, alongside a substantial rise in other assets from ₹1322.0 crore to ₹3202.0 crore over the same period. This expansion in assets is accompanied by a notable increase in borrowings, rising from ₹619.0 crore to ₹664.0 crore, and other liabilities from ₹988.0 crore to ₹1485.0 crore, suggesting growing financial obligations.

- Cash flow from operations was ₹-721.0 crore in Mar 2025 and ₹32.0 crore in Mar 2026.
- Free Cash Flow was ₹-1060.0 crore in Mar 2025 and ₹-474.0 crore in Mar 2026.
- Investments increased from ₹41.0 crore in Mar 2025 to ₹552.0 crore in Mar 2026.
- Borrowings increased from ₹619.0 crore in Mar 2025 to ₹664.0 crore in Mar 2026.

- Paytm, KRN Heat Exchanger, Ather Energy, Vishal Mega Mart: Expert shares key entry levels, targets
- Unimech Aerospace likely to launch Rs 750-crore QIP this month

### FAQs

**How has Ather Energy's financial position evolved between March 2025 and March 2026?**

Between March 2025 and March 2026, Ather Energy's balance sheet shows significant changes. Total Assets grew from ₹2,101 crore to ₹4,722 crore. This growth was driven by a substantial increase in Investments, from ₹41 crore to ₹552 crore, and Other Assets, from ₹1,322 crore to ₹3,202 crore. Equity Capital increased from ₹29 crore to ₹38 crore, while Reserves saw a large jump from ₹464 crore to ₹2,434 crore. Borrowings also rose from ₹619 crore to ₹664 crore, and Other Liabilities increased from ₹988 crore to ₹1,485 crore.

**What are the recent cash flow trends for Ather Energy?**

Ather Energy's cash flow from operating activities has shown a notable shift, moving from a negative ₹721 crore in March 2025 to a positive ₹32 crore in March 2026. Cash from financing activities increased significantly from ₹703 crore to ₹2,497 crore over the same period. However, cash used in investing activities also rose sharply from ₹100 crore to ₹2,486 crore. Free Cash Flow remained negative, improving from ₹1,060 crore in March 2025 to ₹474 crore in March 2026. Net Cash Flow turned positive, from a negative ₹118 crore in March 2025 to ₹42 crore in March 2026.

**What is the recent sales and profit growth for Ather Energy?**

Ather Energy has experienced strong sales growth. Compounded Sales Growth over 5 years was 115%, and for the Trailing Twelve Months (TTM) it was 67%. Profit growth has also been positive, with Compounded Profit Growth for the TTM reported at 52%. The 5-year compounded profit growth is not specified as a percentage.

**What are the key technical indicators and price levels for Ather Energy as of September 18, 2026?**

As of September 18, 2026, Ather Energy's stock is trading at ₹1,640.0. Daily technical indicators suggest a bullish trend with an ADX of 40.19 and the Supertrend at 1509.51. Nearest resistance levels are at ₹1,673.5 (2.04% higher) and ₹1,744.0 (6.34% higher). Support levels are identified at ₹1,608.33, ₹1,587.87, ₹1,568.93, and a pivot support at ₹1,548.47.

**What recent investor engagement activities has Ather Energy undertaken?**

Ather Energy has scheduled several investor engagement events. These include participation in Arihant Capital's Bharat Connect Conference on September 29, 2026 (virtual), and an institutional investor meet on the same date. Additionally, the company held in-person investor meetings in Bengaluru on September 7 and September 9, 2026. These meetings are for business overview discussions.

- Paytm, KRN Heat Exchanger, Ather Energy, Vishal Mega Mart: Expert shares key entry levels, targets
- Unimech Aerospace likely to launch Rs 750-crore QIP this month
- Ather Energy Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Ather Energy Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Ather Energy Limited has informed the Exchange regarding allotment of 484551 equity shares pursuant to ESOP vide circular resolution passed on September 01, 2026 |SUBJECT: Allotment of Securities
- Ather Energy Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- Ather Energy Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,548.47
- Risk regime: Higher Price Risk

### Support levels
- 1421.7
- 1158
- 927.6

### Resistance levels
- 1673.5
- 1744

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +5.81% |
| return_10 | +0.07% |
| return_1m | +11.88% |
| return_1y | +191.56% |
| return_20 | +13.13% |
| return_3m | +69.24% |
| return_5 | -1.10% |
| return_6m | +118.61% |
| return_since_start | 4.425074429374793 |
| return_ytd | +122.07% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -21.48% |
| annualized_volatility | +48.08% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue crosses ₹1,200 crore, net loss at ₹51 crore despite other income

Ather Energy reported revenue from operations of ₹1,216.92 crore for the quarter ended 30 June 2026. Total expenses of ₹1,310.74 crore outpaced revenue, but other income of ₹42.73 crore helped narrow the loss. The company recorded a net loss of ₹51.09 crore, translating to a loss of ₹1.33 per share.

## Revenue and Other Income

Revenue from operations stood at ₹1,216.92 crore, the primary source of income. The company also generated ₹42.73 crore in other income, bringing total income to ₹1,259.65 crore. Other income provided a meaningful supplement, reducing the gap between revenue and total expenses.

## Expense Breakdown

Total expenses for the quarter were ₹1,310.74 crore. The major components were:

- Cost of materials consumed: ₹957.32 crore
- Employee benefit expense: ₹118.17 crore
- Depreciation, depletion and amortisation: ₹38.96 crore
- Purchases of stock-in-trade: ₹32.94 crore
- Finance costs: ₹21.58 crore
- Changes in inventories of finished goods, work-in-progress and stock-in-trade: a credit of ₹12.83 crore (reducing total expenses)

Other expenses, not separately itemised, amounted to ₹154.60 crore.

Cost of materials consumed alone represented nearly three-quarters of total expenses, highlighting the significant weight of raw material and production costs in the quarter.

## Profitability and Earnings Per Share

The loss before tax was ₹51.09 crore. No tax expense or benefit was recorded, so the net loss for the period was also ₹51.09 crore. This net loss equates to approximately 4.2% of revenue from operations.

Basic and diluted loss per share from continuing operations were both ₹1.33.

## Key Takeaway

In the June 2026 quarter, Ather Energy generated strong revenue but remained unprofitable. The loss was relatively small compared to the revenue base, and other income provided a notable offset. The expense structure was dominated by material costs, underscoring the cost-intensive nature of the business at this stage.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_18092026144031_SEintimationConferenceArihantSeptember26.pdf)
- 2026-09-18 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_24448_WebXMLFile_20260918_145220989.xml)
- 2026-09-18 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_18092026181729_SEintimationESOP.pdf)
- 2026-09-18 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_24448_WebXMLFile_20260918_183330638.xml)
- 2026-09-01 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_01092026193009_SEintimationESOPSeptember.pdf)
- 2026-09-01 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_24448_WebXMLFile_20260901_193328040.xml)
- 2026-08-31 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_24448_WebXMLFile_20260831_164044122.xml)
- 2026-08-31 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_31082026163808_SEintimationConferences7Sep2026.pdf)
- 2026-08-28 — Official Filing: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/IT_24448_WebXMLFile_20260828_154909574.xml)
- 2026-08-27 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_27082026153259_SEIntimationAugust272026.pdf)
- 2026-08-27 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_24448_WebXMLFile_20260827_153635428.xml)
- 2026-08-21 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_21082026172515_SEintimationConference1stSept26.pdf)
- 2026-08-21 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_24448_WebXMLFile_20260821_172850433.xml)
- 2026-08-19 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_19082026175317_TofileScrutinizerReport.pdf)
- 2026-08-19 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_19082026174125_ProceedingsofAGM19Aug26.pdf)
- 2026-08-14 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_14082026174218_EGMScrutinizerReporttofilesigned.pdf)
- 2026-08-14 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_14082026171958_ProceedingsofEGMsigned.pdf)
- 2026-08-07 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_24448_WebXMLFile_20260807_184542153.xml)
- 2026-08-07 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_24448_WebXMLFile_20260807_183629594.xml)
- 2026-08-07 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_07082026182640_EarningscallQ1FY27.pdf)
- 2026-08-07 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_07082026182249_Tofilecorrigendum.pdf)
- 2026-08-07 — Generic Announcement: Ather Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_07082026183149_SEintimationConferencesAugust.pdf)
- 2026-08-04 — Generic Announcement: Ather Energy Limited has published its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, in the Financial Express and Vishwavani newspapers on August 4, 2026. The company has also made these results available on its website. — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_04082026163652_Tofilesignedrevised.pdf)
- 2026-08-03 — Generic Announcement: Ather Energy Limited completed the dispatch of physical letters to members without registered email addresses, providing access to the 13th Annual General Meeting notice and the FY 2025-26 Annual Report. This action was taken in compliance with SEBI Listing Regulations, with July 24, 2026, as the cut-off date. — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_03082026162333_Tofilelettertounregisteredsigneda.pdf)
- 2026-08-03 — Generic Announcement: On August 03, 2026, Ather Energy Limited's Board of Directors allotted 3,67,875 equity shares under the Ather Energy ESOP 2025 Plan. This allotment increased the company's paid-up share capital from INR 39,41,25,309 to INR 39,44,93,184. — [Official attachment](https://nsearchives.nseindia.com/corporate/ATHERENERGY_03082026151753_SEintimationESOPAug3allotmentsigned.pdf)

## News and market events

- 2026-09-16 — BUSINESSTODAY: **Paytm, KRN Heat Exchanger, Ather Energy, Vishal Mega Mart: Expert shares key entry levels, targets** — Paytm shares, KRN Heat Exchanger shares, Ather Energy shares, Vishal Mega Mart shares, Paytm stock, KRN Heat Exchanger stock, Ather Energy stock, Vishal Mega Mart stock, stock market, share market, entry levels, target price, stop loss, technical analysis, Akshay Bhagwat, JM Financial Services — [Source](https://www.businesstoday.in/markets/stocks/story/paytm-krn-heat-exchanger-ather-energy-vishal-mega-mart-expert-shares-key-entry-levels-targets-555944-2026-09-16)
- 2026-09-16 — MONEYCONTROL: **Unimech Aerospace likely to launch Rs 750-crore QIP this month** — Unimech Aerospace and Manufacturing, QIP, Manufacturing, Aerospace, Defence — [Source](https://www.moneycontrol.com/news/business/unimech-aerospace-likely-to-launch-rs-750-crore-qip-this-month-14031052.html)
- 2026-09-11 — Mint: **Ultraviolette Auto eyes funding from Yali, Speciale and TDK as part of ongoing round | Company Business News** — Ultraviolette is stitching together over ₹500 crore from new and existing investors as it steps up manufacturing in Karnataka and Tamil Nadu and expands its electric two-wheeler portfolio. — [Source](https://www.livemint.com/companies/ultraviolette-automotive-ultraviolette-auto-electric-vehicles-ev-funding-yali-capital-speciale-invest-tdk-ventures-11789110678964.html)
- 2026-09-10 — Economic Times: **How Ather powered past Ola; Apple's first foldable iPhone** — Ather Energy has surpassed Ola Electric in sales and other metrics. This and more in todays ETtech Top 5. — [Source](https://economictimes.indiatimes.com/tech/newsletters/tech-top-5/ather-powers-past-ola-electric-apple-unveils-first-foldable-iphone/articleshow/134011683.cms)
- 2026-09-10 — The Hindu: **Ola Electric, Ather Energy shares rally upto 9%, what is driving EV stocks today?** — Both stocks attracted significant trading activity, with Ola Electric volumes crossing 1,300 lakh shares and Ather Energy volumes exceeding 52 lakh shares — [Source](https://www.thehindubusinessline.com/markets/ola-electric-ather-energy-shares-rally-upto-9-what-is-driving-ev-stocks-today/article71450543.ece)
- 2026-09-10 — Mint: **Why Ola Electric and Ather Energy shares are rising today? Explained** — Ola Electric share price gained as much as 7.5%, touching an intraday high of  ₹40.51 per share on NSE. Meanwhile, Ather Energy share price rallied nearly over 4% to  ₹1,648.60 on 10 September. — [Source](https://www.livemint.com/market/stock-market-news/why-ola-electric-and-ather-energy-shares-are-rising-today-explained-11789015393295.html)
- 2026-09-10 — CNBC-TV18: **Ather Energy share price target raised by Nomura on faster EV adoption; Stock extends record run** — Despite the sharp surge seen by the stock, Ather Energy shares remain a "consensus buy" among all 14 analysts who cover the stock. The consensus estimates of price targets amounts to ₹1,740.2 per share. — [Source](https://www.cnbctv18.com/market/ather-energy-share-price-record-high-nomura-raises-target-ev-adoption-volume-guidance-demand-impact-19988189.htm)
- 2026-09-10 — Economic Times: **Ather Energy Share Price Today, Ather Energy Stock Price Live NSE/BSE Updates | The Economic Times** — Ather Energy Share Price Today - Get live NSE/BSE quotes of Ather Energy with latest news, headlines and quick analysis. View forecasts, quarterly results, dividend details, balance sheet & more. — [Source](https://economictimes.indiatimes.com/ather-energy-ltd/stocks/companyid-1965014.cms)
- 2026-09-10 — MONEYCONTROL: **Ather Energy stock rises 4% as Nomura raises target price on Konarc launch, faster EV adoption** — ather energy share price today, ather energy stock update, ather energy share price target, ather energy stock rating, ather energy stock outlook, ather energy konarc launch — [Source](https://www.moneycontrol.com/news/business/markets/ather-energy-stock-rises-4-as-nomura-raises-target-price-on-konarc-launch-faster-ev-adoption-14026749.html)
- 2026-09-09 — Economic Times: **Ather & Ola Electric: A tale of two contrasting rides** — Ather Energy's stock price has significantly increased since its IPO. Ola Electric's shares are currently trading below their initial public offering price. Ather's average monthly sales have risen, while Ola's have declined sharply. Product development and management strategy differentiate these two electric scooter companies. Hero MotoCorp continues to invest in Ather, showing strong confidence in its future. — [Source](https://economictimes.indiatimes.com/industry/renewables/ather-ola-electric-a-tale-of-two-contrasting-rides/articleshow/133982975.cms)
- 2026-09-01 — The Hindu: **Ather Energy surges 130% in 2026, outpacing Tesla, BYD** — Ather Energy’s strong stock performance reflects growing investor confidence in its expansion plans, new products and prospects in India’s electric two-wheeler market — [Source](https://www.thehindubusinessline.com/markets/stock-markets/ather-energy-surges-130-in-2026-outpacing-tesla-byd/article71414201.ece)
- 2026-08-31 — CNBC-TV18: **FIIs dump nearly ₹8,000 crore of Indian shares as selling intensifies; DIIs buy ₹4,589 crore** — Foreign investors stepped up selling sharply on August 31, offloading a net ₹7,986 crore of equities, while domestic institutions absorbed only part of the outflow. — [Source](https://www.cnbctv18.com/market/fiis-dump-nearly-rs8000-crore-of-indian-shares-as-selling-intensifies-diis-buy-rs4589-crore-19980761.htm)
- 2026-08-31 — MONEYCONTROL: **Ather will wait for PLI change before entering sub-Rs 1 lakh EV segment, says CEO Tarun Mehta** — Ather, PLI, Ather Energy — [Source](https://www.moneycontrol.com/news/business/startup/ather-will-wait-for-pli-change-before-entering-sub-rs-1-lakh-ev-segment-says-ceo-tarun-mehta-14018766.html)
- 2026-08-31 — Economic Times: **Ather Energy shares rally 4% after launch of Konarc electric scooter at Rs 99,999. Buy, sell or hold the stock?** — Ather Energy shares rose after the company launched its new Konarc electric scooter at a starting price of ₹99,999. The model will be offered in six variants across the S and Z lines, with IDC ranges of up to 200 km. Ather Energy shares have gained 132% over the past six months. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ather-energy-shares-rally-4-after-launch-of-konarc-electric-scooter-at-rs-99999-buy-sell-or-hold-the-stock/articleshow/133643336.cms)
- 2026-08-31 — MONEYCONTROL: **Ather's new Konarc EV scooter could account for more than 50% of revenue in a year: CEO Tarun Mehta** — Ather Energy, Koarc, EV — [Source](https://www.moneycontrol.com/news/business/startup/ather-s-new-konarc-ev-scooter-could-account-for-more-than-50-of-revenue-in-a-year-ceo-tarun-mehta-14018719.html)
- 2026-08-31 — BUSINESSTODAY: **Ather Energy shares: Can this stock double after 423% return over IPO price? Targets** — Ather Energy share, Ather Energy share price, Ather share price, Ather Energy news, Ather news, Ather Energy new bike, multibagger stock — [Source](https://www.businesstoday.in/markets/stocks/story/ather-energy-shares-can-this-stock-double-after-423-return-over-ipo-price-targets-552166-2026-08-31)
- 2026-08-28 — MONEYCONTROL: **Ashish Dhawan buys 1.11% stake in Religare; Hero MotoCorp picks up Rs 1,758 crore Ather shares** — Bulk Deals,Block Deals,Religare Enterprises,Hero MotoCorp,Ather Energy,KSR Footwear,Strides Pharma Science,Xtranet Technologies — [Source](https://www.moneycontrol.com/news/business/markets/ashish-dhawan-buys-1-11-stake-in-religare-hero-motocorp-picks-up-rs-1-758-crore-ather-shares-14017829.html)
- 2026-08-28 — CNBC-TV18: **FIIs dump ₹5,040 crore of Indian shares, but DIIs buy even more** — Foreign investors sharply stepped up selling on Friday, but domestic institutions absorbed the pressure with ₹5,184 crore of purchases as IT stocks helped the market finish higher. — [Source](https://www.cnbctv18.com/market/fiis-dump-rs5040-crore-of-indian-shares-but-diis-buy-even-more-19979276.htm)
- 2026-08-28 — The Hindu: **From old economy to niche players, the IPO market is different, healthier** — India's IPO market is thriving with diverse industrial and niche companies, signaling a healthy shift from traditional patterns. — [Source](https://www.thehindubusinessline.com/markets/from-old-economy-to-niche-players-the-ipo-market-is-different-healthier/article71400346.ece)
- 2026-08-28 — The Hindu: **Hero MotoCorp invests ₹1,758 crore to acquire more stakes in Ather** — Hero MotoCorp invests ₹1,758 crore to increase its stake in Ather Energy, raising ownership to 32.8% by 2026. — [Source](https://www.thehindubusinessline.com/companies/hero-motocorp-invests-1758-crore-to-acquire-more-stakes-in-ather/article71400476.ece)
- 2026-08-28 — BUSINESS: **Sensex, Nifty snap two-day losing streak; IT stocks surge, breadth positive** — Key equity benchmarks rebounded on Friday, snapping a two-session losing streak, as a sharp rally in IT stocks helped offset weakness in select heavyweight banking and consumer-facing stocks. The rally in IT shares was supported partly by stronger global technology sentiment following upbeat Nvidia results. Pharma and metal stocks also gained, while FMCG and consumer durable stocks declined. Investor sentiment remained cautious ahead of Kevin Warsh's speech later today. Warsh is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for clues on the US central bank's monetary policy outlook. Firm crude oil prices also weighed on sentiment. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-nifty-snap-two-day-losing-streak-it-stocks-surge-breadth-positive-126082800928_1.html)
- 2026-08-28 — CNBC-TV18: **Markets fall for third straight week, longest losing streak in five months** — Indian markets fell for a third straight week, their longest losing streak in five months, with the Sensex, Nifty and Nifty Bank declining around 0.5% each. Midcaps outperformed, while IT emerged as the week’s top-performing sector. — [Source](https://www.cnbctv18.com/market/markets-fall-for-third-straight-week-longest-losing-streak-in-five-months-19979135.htm)
- 2026-08-28 — BUSINESS: **Indices snap 2-day losses; IT shares rally** — Market participants remained focused on the upcoming speech by Kevin Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications of the US central banks monetary policy outlook. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-snap-2-day-losses-it-shares-rally-126082800851_1.html)
- 2026-08-28 — CNBC-TV18: **Tejas Networks, Tata Teleservices rally while BBTC slumps post previous day surge** — Some Nifty 500 stocks rallied on order wins and block deal activity, while others slid on large stake sales and profit booking — here's a look at today's top gainers and losers at market open. — [Source](https://www.cnbctv18.com/market/nifty-500-top-gainers-losers-market-open-tejas-networks-tata-teleservices-ather-energy-share-price-19978788.htm)
- 2026-08-28 — Mint: **Ather Energy share price jumps 10% | here's why** — Ather Energy shares rose nearly 10% following Hero MotoCorp's  ₹1,758 crore investment, boosting its stake to 32.8%. The acquisition, expected to be completed by 3 September, strengthens Hero's position in the growing electric two-wheeler market without regulatory hurdles. — [Source](https://www.livemint.com/market/stock-market-news/ather-energy-share-price-jumps-10-heres-why-11787894092380.html)

## Business profile

**Strategic vision:** Develops and manufactures high-performance electric scooters.

### Business segments
- **Electric Two-Wheelers:** Designs and manufactures electric scooters incorporating advanced technology features for enhanced user experience.
- **Ather Grid:** Operates a proprietary fast-charging network and provides home charging solutions for electric vehicles.
- **Atherstack:** Develops an in-house software platform enabling connected services, digital upgrades, and customer engagement.

### Competitive strengths
- Proprietary fast-charging network
- In-house developed software platform for connected services
- Direct-to-consumer sales and service model
- Focus on in-house research and development

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/atherenerg
Markdown representation: https://faxioms.com/stocks/atherenerg?render=md