Tuesday, 04 August 2026 · World
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EUROS The World Financial Report
Nº 24 Tuesday, 04 August 2026 · World Edition
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Ather Energy shares zoom 18% after Q1 results. Why is it Nomura's top 2-wheeler pick?

Markets-Economic Times · 2h ago · 🇮🇳 India
Ather Energy shares zoom 18% after Q1 results. Why is it Nomura's top 2-wheeler pick?

Ather Energy shares rose sharply on Tuesday after the electric two-wheeler maker sharply narrowed its June-quarter loss and reported strong revenue growth with positive EBITDA. Nomura retained its Buy rating, raised the target price to Rs 1,714, and kept Ather as its top electric two-wheeler pick, citing improving margins, scale and long-term growth prospects.

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