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  1. Ather Energy shares hit 52-week high as firm doubles experience centres across India; details here

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Ather Energy shares hit 52-week high as firm doubles experience centres across India; details here

Upstox

3 min read | Updated on April 10, 2026, 11:55 IST

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SUMMARY

Ather said it has added over 350 new experience centres, effectively doubling its retail network from 351 centres in India as of March 31, 2025

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At 11:30 AM, Ather Energy shares were trading at ₹853.85 apiece on the National Stock Exchange, gaining 4.1%. | Image: @atherenergy/X

At 11:30 AM, Ather Energy shares were trading at ₹853.85 apiece on the National Stock Exchange, gaining 4.1%. | Image: @atherenergy/X

Ather Energy shares jumped 5% to hit a 52-week high of ₹861.1 apiece on Friday, April 10, after the electric two-wheeler manufacturer said it almost doubled the number of its Experience Centres (ECs) to over 700 across India in the just-concluded financial year.
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This rapid expansion has played a key role in driving Ather's growth across markets, improving accessibility and enabling the company to scale across both existing and new markets, the company said.

Ather said it has added over 350 new experience centres, effectively doubling its retail network from 351 centres in India as of March 31, 2025.

Over the past year, the company said, its expanded retail footprint has helped the company reach a much wider set of customers, contributing to its national market share rising to 18.7% in March 2026, according to Vahan data.

"The last year has been about scaling our retail footprint as a key lever for growth. While we've increased our Experience Centre count across all geographies, the expansion in Middle India and, to some degree, in the Rest of India has been particularly aggressive," said Ravneet Singh Phokela, Chief Business Officer, Ather Energy.

This has allowed the company to target new geographies and segments, which have led to strong volume and market share gains, he said, adding, "We believe we still have headroom for growth and will continue on this path over the next few quarters."

Ather Energy share price

At 11:30 AM, Ather Energy shares were trading at ₹853.85 apiece on the National Stock Exchange, gaining 4.1%.

Shares of the firm have surged 11% over the past five days, while they declined 44% in the last six months. On a year-to-date basis, shares of Ather Energy climbed 16%.

The company has a total market capitalisation of ₹32,753 crore, according to data on the NSE.

Ather Energy Q3 earnings

Electric two-wheeler maker Ather Energy had reported a narrowing of the net loss to ₹85 crore for the third quarter ended December 31, 2025. The company reported a net loss of ₹198 crore in the October-December quarter of the previous fiscal.

Total income increased to ₹996 crore for the third quarter as against ₹650 crore in the year-ago period. The company had recorded its highest-ever quarterly volumes of 67,851 units, delivering 50% year-on-year growth during the reporting quarter.

Ather said its losses continued to shrink, with EBITDA loss down to ₹29.9 crore and the quarterly loss narrowing by 45% as compared to Q2 FY26, underscoring steady progress toward profitable, sustainable growth.

About Ather Energy

Ather Energy Limited is an India-based pure-play electric vehicle (EV) company. The company specialises in the Indian electric two-wheeler (E2W) market.

The company sells E2Ws and the associated product ecosystem, comprised of its software, charging infrastructure, and smart accessories, all of which are conceptualised and designed by it in India.

With PTI inputs
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