Ather Energy shares jump 7% to hit record high; stock up 31% in 1 month; key things to know

Last seen, the stock was trading at ₹454.1 apiece, up 5.56%.

Over the last five trading sessions, Ather Energy shares have surged over 5%, while over the past 30 days, they have soared more than 30% (as of the afternoon session on Friday, August 29, 2025).

For a six-month period, the scrip has climbed almost 49%. The company has a market capitalisation of ₹16,891.05 crore.

Shares of Ather Energy and other auto stocks have been in focus on expectations of a potential cut in the Goods and Services Tax (GST) rate from the current 28% slab to 18% on automobiles. Analysts believe the move could unleash the next big upcycle for the industry, driving demand especially for two-wheelers (2Ws) and small passenger vehicles (PVs).

Global brokerage firm Jefferies said a lower GST rate could boost earnings for auto companies over FY26-28, and industry volumes could rise by 2–6%, translating into a 2–8% earnings per share (EPS) upgrade across leading original equipment makers (OEMs).

Meanwhile, Ather Energy is expected to launch its next upgrade, Ather Stack 7.0, on August 30, reports suggested.

As per VAHAN registration data as of August 20, Ola Electric recorded 9,522 registrations as against 10,248 for Ather Energy. At this rate, Ola Electric's market share could drop below that of Ather Energy if this trend continues.

Ather Energy Q1 results

For the first quarter of the current fiscal year (Q1 FY26), Ather Energy reported a net loss of ₹178.2 crore against a net loss of ₹183 crore posted in the year-ago period.

The company's revenue climbed 79% year-on-year (YoY) to ₹644.6 crore during the June quarter from ₹360.5 crore in Q1 FY25. Further, its total income increased to ₹672.9 crore during the reporting quarter, up 82.6% from ₹368.4 crore in the same quarter last year.

Ather Energy's earnings before interest, taxes, depreciation, and amortisation (EBITDA) loss were at ₹134.4 crore in Q1 FY26, up from ₹128.4 crore posted in Q1 FY25.

Ather Energy IPO and listing details

Shares of electric two-wheeler maker Ather Energy Ltd on May 6, 2025, listed with a premium of over 2% against the issue price of ₹321.

The stock started the trade at ₹326.05, up 1.57% from the issue price on the BSE. Later, it climbed 3.70% to ₹332.90.

On the NSE, it listed at ₹328, a premium of 2.18%.

Ather Energy's initial public offering (IPO) got subscribed 1.43 times on the closing day of bidding, backed by oversubscription in QIB and retail investor categories.

The ₹2,981 crore initial share sale had a price band of ₹304-₹321 apiece.

This was the first mainboard public issue of the current financial year, 2025-26.

The IPO was a combination of a fresh issue of equity shares worth ₹2,626 crore and an offer-for-sale (OFS) of 1.1 crore equity shares by promoters and other shareholders.

This was the second electric two-wheeler company to go public after Ola Electric Mobility floated its ₹6,145 crore IPO in August last year.