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SENSEX74,235.62
NIFTY 5022,453.30
BANK NIFTY48,892.15
NIFTY IT35,124.80
GOLD₹74,812
SILVER₹92,140
CRUDE OIL$83.42
USD/INR₹83.24
BITCOIN$67,234
NIFTY MIDCAP52,487.25
HomeIPO WatchAther Energy Ltd

Ather Energy Ltd

Electric VehiclesUpcoming
Issue Size: ₹3,100 CrPrice Band: ₹304-321Exchange: NSE & BSE
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GMP

42

13.1%

Analyst Verdict Summary

2

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1

Neutral

Emkay Global
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Ather's premium positioning and tech-first approach make it a high-quality EV play. Valuation is acceptable for long-term investors.

Motilal Oswal
Neutral

Strong brand and product, but loss-making with uncertain EBITDA timeline. Ola Electric comparison suggests limited near-term upside.

HDFC Securities
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India EV two-wheeler market to grow 5x by 2030. Ather's Rizta launch addresses the volume segment — transformation story is compelling.

Disclaimer: Analyst recommendations are for informational purposes only and do not constitute investment advice. Past performance is not indicative of future results. Please consult a SEBI-registered investment adviser before investing.