Ather Energy Buy call resurfaces as supply-chain and lock-in risks stay in focus
Resurfacing a June 2025 move, HDFC Securities had rated Ather Energy a Buy with 31% expected upside, while related coverage flagged China rare-earth curbs and a forthcoming lock-in expiry. The item is an aggregated news page spanning April–June 2025 reports, rather than a single fresh announcement.
Ather Energy received a Buy rating from HDFC Securities, while separate reports covered EV supply-chain risks from China’s rare-earth curbs, upcoming lock-in expiries and its tepid IPO listing’s effect on Indian IPO sentiment.
Why this matters
The resurfaced Buy call follows April 2025 IPO signals showing Ather Energy's retail tranche was 63% subscribed on Day 1 and fully booked as overall IPO subscription reached 28% on Day 2.
Retail-company signals are accelerating, up 166189% QoQ.