Neutral impactStocks
Ather Energy shares zoom 18% after Q1 results. Why is it Nomura's top 2-wheeler pick?
Economic Times 1 hr ago·4 Aug 2026, 4:29 am
Ather Energy shares rose sharply on Tuesday after the electric two-wheeler maker sharply narrowed its June-quarter loss and reported strong revenue growth with positive EBITDA. Nomura retained its Buy rating, raised the target price to Rs 1,714, and kept Ather as its top electric two-wheeler pick, citing improving margins, scale and long-term growth prospects.
Affected stocks
Neutral1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Ather Energy (ATHERENERG).
- Category: Stocks.
Why it matters
A routine update for Ather Energy. Use the price and stock snapshot to gauge how the market is responding.
