Ather Energy Gets 'Buy' Rating As Avendus Spark Initiates Coverage

Broad-based participation from OEMs is expected to accelerate the adoption of electric two-wheelers in India, as the industry moves beyond early adopters to mainstream buyers.

Ather Energy is a Bengaluru-based electric two-wheeler maker. (Photo: NDTV Profit)

Avendus Spark has initiated coverage on Ather Energy with a ‘Buy’ rating and a target price of Rs 750, citing that India’s electric two-wheeler market entering a critical growth phase.

Also Read: 'Betting On Future': Ather Energy Eyes 'India's Upgrading Story' To Set Expansion Roadmap

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WRITTEN BY
Heena Ojha
Senior News Writer at NDTV Profit, She is a graduate with a gold medal from... more
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