Mutual funds increase stake in Ather Energy for 5th straight quarter. Bigger rally brewing?

Domestic institutional investors have steadily increased their Ather Energy stake for five quarters. Ather Energy's production facilities operate at full capacity, yet demand continues to outpace supply. The company's upcoming EL platform aims to expand its market and reduce costs significantly. New production capacity is expected to remove bottlenecks and support margin performance. Ather Energy's strong brand and consistent execution justify its premium valuation.