Ather Energy resurfaces on post-IPO watchlist as June's upside calls, lock-in expiry and rare-earth risk re-emerge
Coverage resurfaces a June 2025 Buy call from HDFC Securities implying 31% expected upside, as nearly 6% of Ather Energy and Borana Weaves shares were set to enter the market after lock-in expiry. China's rare-earth export curbs remained a potential supply-chain risk for Indian EV makers at the time.
Ather Energy coverage includes a Buy rating from HDFC Securities, upcoming lock-in share releases, and its IPO listing. The page also flags China’s rare-earth export curbs as a potential risk to Indian EV production and auto stocks.
Why this matters
Earlier resurfaced April 2025 signals tracked Ather Energy’s retail IPO tranche reaching 63% subscription on Day 1 and the IPO reaching 28% on Day 2. Focus now shifts to post-IPO valuation, share supply and sourcing risks.
Retail-company signals are accelerating, up 165933% QoQ.