Ather Energy Stock expands profits to the sixth session, doubling investors' wealth since the stock exchange
It seems that early investors in Ather Energy are delighted as their bets on the business have translated into considerable wealth creation. Since its market debut, the share of the Electric Vehicle (EV) manufacturer has risen, fueled by the increasing demand for electrical two -wheelers, the expansion of the market share and a positive market sentiment in the sector, which has led him to make major returns to those who supported the business from the beginning. With the continuation of his bull run for the sixth consecutive session, Athther Energy Stock rose 8% in the trade of Wednesday, October 8, with a fresh high of £ 679. This has pushed its profits to 14.5% so far, and has built on a 26% surge in September. Although Ather Energy’s stock made a subdued market debut in May, it gained momentum in the following months, which closed in the green in the next four months. With the rally of today, the EV shares are now trading 106% higher than its IPO price of £ 321 each. Ather Energy surpasses OLA with the market value. The recent rally has forced Ather Energy’s market cap past the larger competitor, Ola Electric Mobility, for the first time earlier this week and has since grown. With the rally of today, the market cap of Ather Energy moved to £ 24,555 on BSE, while Ola Electric’s shares dropped by 2.2%, and according to the exchange data, the valuation of £ 22,702 crore. The change in pich order reflects the diverse fate of the two opponents. Ather crossed Ola’s total selling score in the September quarter, while the Bhishavish Aggarwal-led company in its quarterly sales more than a year in its quarterly sales. OLA was fourth under Indian Electric Twelric Makers from September, with Ather jumping to second position by selling 52,597 units in the term. The company is third in Electric Tw healer sales in India, with a 17% market share in September 2025, behind TVs and Bajaj Auto. In September, Ather Ola surpassed for the first time and sold 18.109 units against his rival’s 13.371. Meanwhile, the company recently announced that Rizta, which constitutes more than one -third of Ather’s production volume, has rolled out its 500,000th vehicle from its manufacturing plant in Hosur, Tamil Nadu. Analysts remain positive about Ather’s long-term prospects that analysts have remained positive about the company’s long-term growth prospects, and expect Ather to improve profitability and EBITDA will become positive in the medium term, with the improvement of unit cost economy and the expected market consolidation that can reduce the competitive intensity. With a growing product portfolio, rapidly growing dealer network and an improved focus on marketing and advertising, HDFC Securities expects the company to outgrow the industry in the medium term and gain market share. Japanese brokerage firm Nomura estimates that the company’s volumes are rising against a CAGR from 41% over FY25-28F, from 155k units in FY25 to 436k units in FY28F, driven by doubling its stores from 350 (March-to-to “, the introduction of the” EL “, and the” Zenith ” -Motor Flatform in the line. In the financial year 2025, Ather saw its revenue from the operating stage 29% to £ 2,255 crore, while the losses reduced to £ 812 from £ 1.060 crore over a year before. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.