NIIF Sells Stake in Ather Energy for ₹541 Crore; Shares Price Fall 1.31%

Bengaluru, November 14: The National Investment and Infrastructure Fund (NIIF) has sold a stake in Ather Energy. It sold a 2.28% stake in the company through open market deals, worth ₹541 crore. The sale resulted in the share price falling by 1.31%.

Ather Energy Block Deal Details

As per the NSE data, NIIF sold 87.02 lakh shares of Ather Energy through its affiliate National Investment and Infrastructure Fund-II in two separate transactions. The stake sold was 2.28% of the company. With this transaction, the current shareholding of NIIF has declined to 2.39%, from the previous 4.67%. The transactions were executed at an average price of ₹622.35 per share, taking the total deal value to approximately ₹541.58 crore.

The stake sold by NIIF saw buying from various investors. They included Edelweiss Mutual Fund, Invesco Mutual Fund, Motilal Oswal Mutual Fund, Ashoka WhiteOak Emerging Markets Equity Fund, Ashoka India Opportunities Fund, Param Capital, Societe Generale, and US-based Ghisallo Capital Management.

Shares Fall by 1.31% At ₹630.80

As of 9:20 AM today, Ather Energy’s share price was trading lower by 1.31%, or 8.35 points, at ₹630.80. The traded volume stood at 16.87 thousand shares, with the company’s market cap at ₹24,328 crore.

Investor Takeaway

The sa͏l͏e ͏of a 2.͏28% stake b͏y͏ NIIF comes amid Athe͏r En͏ergy’s improved financial performance for Q2 ͏FY26. The com͏pany͏ r͏eported a ͏net ͏lo͏ss ͏of ₹154.1 crore for th͏e quar͏ter ͏en͏ded September 2025, n͏arrowing from ₹197.2 crore in the sa͏me p͏erio͏d la͏st year. Revenue ͏fr͏om opera͏tions ro͏se signifi͏cant͏ly to ₹898.9 ͏crore fro͏m ₹583.5 crore, driv͏e͏n͏ ͏by st͏rong͏er dema͏nd ͏and higher sales volumes. D͏espite th͏e stake sale,͏ which͏ slig͏htly im͏pacte͏d inv͏estor sentiment, ͏the company’s operational grow͏th indi͏cates positive mo͏mentum heading͏ int͏o the n͏ext quarter͏.

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