Ather Energy Shares Jump 8% After HSBC, Nomura Raise Price Targets

Shares of Ather Energy jumped as much as 8.1% to an intraday high of ₹1,702 on the BSE after HSBC and Nomura raised their price targets following the electric two-wheeler maker’s Q2 FY27 results. At 11:28 IST, the stock was trading 6.8% higher at ₹1,680.60, giving the company a market capitalisation of ₹66,672.4 Cr (about $6.9 Bn). The gains extended yesterday’s rally, when Ather shares closed 13.7% higher at ₹1,574 on the BSE after the company announced its Q2 FY27 results during market hours.