Ather Energy Shares Jump 5% To Reach All-Time High

SUMMARY

Ather defied the broader market downtrend, as the Sensex closed 0.5% lower at 82,159.97 today

Ather stock has delivered a return of 41.8% in the last month against Nifty Automobile index’s 7.2%

The rally comes on the back of GST rationalisation, which has boosted the automobile sector on the hopes that reduction in tax burden would result in higher vehicle sales

Shares of Ather Energy surged as much as 5.1% to touch an all-time high of INR 614.75 during the intraday trading on the BSE today.

However, the stock pared most of the gains to close 1% higher at INR 590.4. The company’s market capitalisation stood at INR 22,374.56 Cr (around $2.5 Bn) at the end of the session, with a market volume of 34 Lakh.

Ather defied the broader market downtrend, as the Sensex closed 0.5% lower at 82,159.97 today.

Notably, shares of Ather have been rallying for the past month. The stock has delivered a return of 41.8% in the last month against Nifty Automobile index’s 7.2%. The rally comes on the back of GST rationalisation, which has boosted the automobile sector on the hopes that reduction in tax burden would result in higher vehicle sales.

On the internal front, Ather launched its all-new EL platform on August 30. It also introduced AtherStackTM 7.0 that offers voice interaction with scooters, a next-generation fast charger for quicker EV charging and upgrades to its existing products.

The company trimmed its loss 3% YoY and 24% QoQ to INR 178 Cr in Q1 FY26. Operating revenue surged 79% YoY but dipped 5% QoQ to INR 644.6 Cr .

It is also pertinent to mention that Ather has seen a steady rise in its two-wheeler EV registrations in recent months.

As per Vahan data, Ather is currently ahead of Ola Electric in terms of EV registrations in September so far. Ather’s registrations stand at 9,767 units as against Ola Electric’s 6,816 units. In August, the company’s registrations rose 8.9% month-on-month to 17,856 units.

The two-wheeler EV OEM made its stock market debut in May this year. Its shares got listed at a 2% premium to the IPO issue price of INR 321. The stock ended today’s trading session 81% higher compared to the listing price.