HDFC Securities' Ather Energy Buy call, sees 31% upside, resurfaces from June
Resurfacing a June 10, 2025 move, HDFC Securities had initiated coverage of Ather Energy with a Buy rating and projected 31% upside, according to a Financial Express Ather news feed. The feed also flags a forthcoming lock-in expiry involving nearly 6% of shares, creating a potential near-term share-supply watchpoint.
HDFC Securities initiated Ather Energy with a Buy rating and 31% expected upside. The news page also flags a forthcoming lock-in expiry for nearly 6% of Ather and Borana Weaves shares, alongside EV supply-chain risk from China’s rare-earth curbs.
Why this matters
The resurfaced June call follows Ather Energy's April IPO signals, when retail quota was fully booked by Day 2 after reaching 63% on Day 1, and a post-IPO watchlist that flagged upside calls, lock-in expiry and rare-earth risk.
retail-company is accelerating, up 166056% QoQ.