Ather Energy Share Price

Ather Energy Limited, an electric vehicle company, engages in the design, development, and sale of electric two-wheelers and an associated product ecosystem. The company also offers vehicle architecture and chassis; battery packs and battery management system; vehicle control unit; touchscreen dashboard; motor controller; transmission; signal harness; and fast charging system. In addition, it provides charging infrastructure, software and accessories. Ather Energy share price on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries. 

Ather Energy stock price is influenced by various factors, including unit sales volume, revenue growth, competitive intensity, battery technology costs, and government EV policies. Over the longer term, strategies related to new model launches, market expansion, margin improvements, and research and development in battery technology affect overall market sentiment. All these factors must be closely monitored to have an idea about the Ather Energy stock price movements.  

Ather Energy live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of Ather Energy live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market. 

Furthermore, monitoring the Ather Energy share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook. 

Ather Energy Limited Company Fundamentals 

Ather Energy Limited Company Background 

Ather Energy is a pioneering Indian electric vehicle company founded in 2013 by IIT graduates Tarun Mehta and Swapnil Jain, with a clear vision of replacing traditional internal combustion engine scooters with intelligent electric alternatives. The company designs and manufactures smart, high performance electric scooters such as the Ather 450X, Ather 450S, and the family oriented Ather Rizta, combining performance with connected technology. Ather Energy is also credited with building India’s first fast charging network, Ather Grid, strengthening its aim to create an end to end electric mobility ecosystem rather than standalone products. Its scooters feature touchscreens, GPS navigation, cloud connectivity, and advanced battery management systems, supported by deeply integrated indigenous hardware and software. The company leverages modern digital platforms, including Google Cloud, to enhance vehicle intelligence, diagnostics, and user experience. Manufacturing operations are based in Whitefield, Bengaluru, and Hosur, Tamil Nadu, reflecting a strong focus on local production and engineering excellence. Through innovation, quality hardware, and ecosystem driven thinking, Ather Energy has established itself as a leading and influential player in India’s rapidly growing electric two wheeler market segment. 

Ather Energy Limited Company Product Lines 

Electric Scooters (Primary Products) 

• Ather 450X – performance-focused smart scooter with cloud connectivity and navigation.  
• Ather 450S – more accessible, performance electric scooter variant.  
• Ather 450 Apex – earlier variant in the 450 series.  
• Ather Rizta – family-oriented electric scooter designed for broader urban use.  
• (Plus related variants like Ather 450X Pro and different battery configurations.)  

Charging & Accessories 

• Ather Grid — Fast-Charging Network: Public fast chargers & neighborhood chargers across many cities.  
• Connected accessories (helmets, portable home chargers, etc.) featured via the official website and sales platform.  

Software / Connected Features 

• AtherStack — proprietary software powering navigation, diagnostics, ride analytics, and smart features with optional Pro Pack subscriptions. 

Ather Energy Company Revenue Model 

• Electric Scooter Sales: Primary revenue (~88–90%) from direct sales of Ather scooters, especially the 450 series and Rizta.  
• Accessories & Parts: Revenue from branded accessories, helmets, chargers, spare parts, and merchandise.  
• After-Sales Services & Subscriptions: Connected services and maintenance packages contribute recurring income.  
• Charging Network Usage (Ather Grid): Fees from fast charging sessions (pay-per-use or subscription) and related partnerships. 

Ather Energy Limited Geographic Presence 

• Headquarters: Bengaluru, Karnataka, India.  
• Manufacturing Locations: Production facilities in Whitefield (Bengaluru) and Hosur (Tamil Nadu).  

Retail & Service Network: 

• Extensive experience centre network across India (hundreds of AtherSpace / partner outlets).  
• Plans to expand to ~700 retail and service centres nationwide by FY26-end.  

Presence Beyond India: Retail outlets and service centres in Nepal and Sri Lanka.  

Ather Grid Charging Footprint: 

• Thousands of fast chargers and neighborhood points across hundreds of cities and districts, integrating with public charging standards 

Ather Energy Limited Leadership  

Some of the key leaders of Ather Energy Limited as of January 2026 are 

• Sohil Dilipkumar Parekh – Chief Financial Officer 
• Ravneet Singh Phokela – Chief Business Officer 
• Harendra Saksena – Chief Procurement Officer 
• Sanjeev Kumar Singh – Chief Operating Officer 
• Puja Aggarwal – Company Secretary & Compliance Officer 
• Milind Kothekar – Chief of Staff to CEO & Head (Product Management) 
• Tarun Sanjay Mehta – Executive Director & Chief Executive Officer 
• Swapnil Babanlal Jain – Executive Director, Chief Technology Officer & Promoter 
• Neelam Dhawan – Chairman & Independent Director 
• Kaushik Dutta – Independent Non-Executive Director 
• Sanjay Nayak – Independent Non-Executive Director 
• Ram Kuppuswamy – Non-Executive Director (Nominee) 

Ather Energy Limited Key Milestones 

• 2013: Ather Energy Private Limited was incorporated on October 21, 2013. The company was founded by Tarun S. Mehta and Swapnil B. Jain with a vision to build a ground-up, indigenous electric two-wheeler ecosystem in India. 
• 2018: Ather Energy pioneered India’s electric two-wheeler market by launching the Ather 450 in June 2018, introducing segment-first features such as a touchscreen dashboard, 3G SIM connectivity, cloud integration, an aluminium chassis, and a top speed of 80 kmph. The company also became the first two-wheeler OEM in India to establish a fast-charging network, Ather Grid. 
• 2020–2023: The company expanded the Ather 450 product line, strengthened its charging infrastructure across India, and scaled manufacturing operations while continuing in-house technology development. 
• 2024: In April 2024, Ather launched the Ather Rizta, a family-focused electric scooter featuring a large seat, up to 56 litres of storage, traction control, WhatsApp notifications on the dashboard, and Alexa-enabled voice commands. On August 27, 2024, the company was converted into a public limited entity and renamed Ather Energy Limited. 
• 2024: As of December 31, 2024, Ather’s Hosur manufacturing facility achieved an installed annual capacity of 420,000 electric two-wheelers and 379,800 battery packs. 
• 2025: In January 2025, Ather introduced upgraded versions of the Ather 450 series with improved performance, multi-mode traction control, extended range, and new colour options. In April 2025, the company raised ₹2,980.8 crore through its IPO. 
• 2025 (Ongoing): Ather commenced development of Factory 3.0 in Chhatrapati Sambhajinagar, Maharashtra, aimed at expanding total installed capacity to 1.42 million electric two-wheelers upon completion. 

Industry Perspective 

The industry Ather Energy operates in is the electric two-wheeler (E2W) segment within the broader electric vehicle (EV) market, a rapidly expanding and strategically important part of India’s mobility landscape. India’s electric two-wheeler market has transitioned from niche to mainstream, with annual sales crossing ~1.15 million units in FY2025 and accounting for roughly 6–7% of total two-wheeler sales. Analysts forecast that, driven by supportive government policies, increasing environmental awareness, rising fuel costs, and rapid infrastructure growth, this segment will maintain strong momentum throughout the decade. The E2W market alone is projected to grow at a CAGR of around 28–41% over the next several years, with certain industry estimates expecting it to scale to over 11 million units by 2033 in India alone. Under optimistic scenarios, EV penetration could reach ~35–40% of total two-wheeler sales by FY31, with electric scooters leading adoption at 70–75% share within the scooter category. This growth outpaces the traditional internal combustion market and underlines a structural shift toward electrified mobility across urban and semi-urban India, positioning EV two-wheelers as leaders in the country’s transport electrification.  

Ather Energy Limited Stock Market Presence: Listings & Index Representation 

Ather Energy Limited was listed on the National Stock Exchange (NSE) on May 6, 2025, and commenced trading under the symbol ATHERENERG. It is also listed on the Bombay Stock Exchange (BSE) with the scrip code 543622. 

Ather Energy is a constituent of several key market indices, reflecting its role in India’s evolving automotive and industrial landscape. The company is included in the Nifty EV and New Age Automotive index and is part of broader market benchmarks such as the Nifty 500, Nifty Total Market, and Nifty500 LargeMidSmall Equal-Cap Weighted index. On the BSE, Ather Energy is represented in the S&P BSE 500, BSE 1000, and the S&P BSE IPO Index. 

The Ather Energy stock price is monitored by investors focused on the electric mobility sector. Its inclusion in these indices highlights the company’s growing market capitalisation and its positioning within the high-growth EV ecosystem. The dual exchange listing ensures market liquidity, while its index presence attracts institutional investment flows and makes it a stock for benchmarking within the new-age automotive and industrial sectors. 

Ather Energy Limited Share History and Share Performance 

The Ather Energy share price on the NSE and BSE reflects its position as an emerging leader in India’s electric two-wheeler segment. Performance is primarily driven by quarterly delivery volumes, revenue growth, gross margin trends, competitive pricing, and government subsidy frameworks. Investors often compare the Ather Energy share price today with the Nifty EV and New Age Automotive index and peers to assess relative performance. 

Underlying operational factors manifest in distinct market movements across periods. For instance, strong annual performance in 2025, with the Ather Energy share price rising 149.67%, was driven by robust sales growth, successful new model launches, and positive sector sentiment. Conversely, broader market corrections and sector-specific challenges have also influenced price action, contributing to declines. 

Corporate actions typical of growing companies, such as fundraising or strategic partnerships, can also impact the Ather Energy share price in the short term, even when long-term fundamentals remain intact. This illustrates how specific corporate developments can trigger volatility, within a sector influenced by technology adoption rates, raw material costs, and regulatory changes. 

While short-term movements react to news, longer-term valuation context is provided by the Ather Energy share price 52-week high and low. The stock reached an all-time high of ₹765.85 on October 21, 2025, reflecting peak investor confidence and strong operational momentum. The 52-week low of ₹300.20 on May 9, 2025, aligns with a period of broader market volatility and sector consolidation. These levels capture the impact of growth expectations, competitive dynamics, and earnings visibility, framing the stock’s historical range. 

The stock performance of Ather Energy reflects the trading behaviour of a capital-intensive growth company in the electric vehicle industry. The company’s focus on premium products, direct-to-consumer sales, and proprietary charging infrastructure has shaped its Ather Energy share price history. Since its listing, the stock has experienced significant volatility, characteristic of high-growth sectors, with phases of sharp appreciation followed by periods of correction. 

The period following its 2024 IPO was marked by initial discovery and building investor familiarity. The Ather Energy stock price then witnessed a substantial rally through much of 2025, driven by accelerating EV adoption and strong financial metrics. Gains in late 2025 pointed to renewed positive momentum before entering a phase of consolidation. The Ather Energy share price trajectory has closely followed product cycle announcements, subsidy news, and quarterly sales data. 

Over specific investment horizons, the stock has delivered strong returns, albeit with high volatility. For example, the Ather Energy share price generated a one-year return of 93.52%, significantly outperforming the Nifty50 (7.94%) and the Sensex (6.56%). However, shorter-term performance shows corrections, with declines of 12.05% over one month and 15.30% over three months as of January 2026, reflecting profit-taking and sector rotation. 

The Ather Energy share price reached its all-time high in October 2025, supported by exceptional quarterly sales figures and favourable policy tailwinds. This peak underscores how operational execution during a high-growth phase can drive valuation. The subsequent moderation in the Ather Energy stock price aligns with broader market adjustments and a reassessment of growth premiums across the technology and automotive sectors. 

Despite the inherent volatility of a growth stock, Ather Energy shares have demonstrated resilience relative to its industry. While the broader automotive sector faced supply chain and demand challenges, Ather Energy’s focus on the domestic EV market and a loyal customer base helped the stock retain significant value from its IPO price. Prudent management of growth and costs has been viewed as essential for navigating the capital-intensive scale-up phase. 

Ather Energy Limited Investor Relevance and Role in Portfolio 

Ather Energy represents a strategic growth holding within thematic portfolios focused on electric mobility, clean energy, and industrial innovation. Its inclusion in indices like Nifty EV and New Age Automotive underscores its relevance to India’s energy transition narrative. For investors seeking exposure to domestic EV manufacturing, consumer electrification, and new-age business models, the Ather Energy stock price offers a direct channel, though it carries higher volatility typical of growth-stage companies. 

Ather Energy equity is held by a mix of strategic, domestic, and international institutional investors, reflecting confidence in its long-term market potential. Top institutional stakeholders include Hero MotoCorp Limited, GIC Private Limited, National Investment and Infrastructure Fund Limited, SBI Funds Management Limited, India-Japan Fund, Aditya Birla Sun Life AMC Limited, National Investment and Infrastructure Fund-II, Nksquared Global Pvt., LTD, Kamath Associates, and Motilal Oswal Asset Management Company Limited. 

This investor base highlights the company’s role as a focused holding for investors targeting the EV ecosystem. The presence of long-term strategic and sovereign wealth investors points to its perceived importance in India’s industrial future. 

Beyond direct ownership, Ather Energy’s stock is monitored in derivatives markets. Open interest and options activity around key strike prices reflect market expectations concerning delivery growth, margin expansion, and new product announcements. Technical indicators such as the Ather Energy RSI and MACD provide additional insight into short-term momentum shifts in the Ather Energy share price. While these are often used for near-term trading, they can also help gauge overall market sentiment around quarterly results or sector news. 

The beta of Ather Energy indicates its volatility relative to the broader market. Available data shows a Daily Beta over a one-month range of 2.57 and over a three-month range of 1.96. These beta values, significantly above 1.0, indicate that the Ather Energy share price has historically been more volatile than the market. This high beta reflects the stock’s sensitivity as a growth-oriented company in a rapidly evolving sector, where news flow and sentiment can lead to larger price swings compared to established, stable large-cap stocks. 

Ather Energy Limited Sectoral Relevance and Peer Positioning 

Ather Energy’s sector relevance stems from its integrated approach to electric two-wheeler manufacturing, direct retail, and charging infrastructure, establishing it as a key player in India’s EV ecosystem. Peer comparisons with listed entities like Ola Electric, TVS Motor Company, Bajaj Auto, Hero MotoCorp, and Greaves Cotton (Ampere) focus on metrics such as monthly electric scooter sales volumes, average selling price, gross margin, research and development intensity, and retail network expansion rather than short-term stock moves. These benchmarks help investors assess operational scale, market share gains, and technology leadership. Institutional tracking of EV adoption rates, policy support, and competitive launches further highlights Ather Energy’s strategic importance within India’s broader automotive and green technology markets. 

Ather Energy’s market cap underscores its prominence within the electric vehicle segment. The company’s market cap was ₹270.59 billion at the end of 2025. As of January 2026, the market cap is ₹237.19 billion, reflecting a decrease of 12.34% from the year-end 2025 value. This valuation makes Ather Energy one of the most valuable dedicated EV companies in the Indian public markets. Its sizeable market cap attracts thematic investment interest and reinforces its leadership position within the electric two-wheeler segment, influencing the Ather Energy share price through index-related fund flows. 

Ather Energy’s earnings trajectory reflects the investment phase typical of a growth company scaling operations in a capital-intensive industry. The company reported a pretax loss (TTM) of ₹7.28 billion for 2025, which was an improvement of 15.55% from the ₹8.62 billion loss in 2024. These figures highlight the company’s current focus on growth and market expansion over profitability. The earnings trend is closely tied to sales volume growth, economies of scale, and managing input costs, providing investors with insight into the company’s path toward potential future profitability. 

Ather Energy EPS shows a consistent negative value, aligning with its current loss-making phase as it invests for growth. The trailing twelve months (TTM) EPS for 2025 was -₹21.29, an improvement of 31.85% from the -₹31.25 reported for the full year 2024. Prior to that, the EPS was -₹25.87 in 2023 and -₹11.14 in 2022. This historical EPS data illustrates the significant upfront investments required in manufacturing, technology, and market development, which are critical factors considered alongside the Ather Energy share price by long-term investors. 

 Ather Energy P/E ratio is negative due to its negative earnings, a common feature for high-growth companies in investment phases. As of January 2026, the trailing P/E ratio (TTM) is -27.0. Analysis shows the P/E ratio has been trending down and was recorded at -23.16 for the period ending March 2025. A negative P/E ratio is not used for valuation in a conventional sense; instead, investors often employ alternative metrics like Price-to-Sales to gauge valuation relative to revenue growth, given the company’s current earnings profile. 

Summary 

Ather Energy Limited is a notable player in India’s electric two-wheeler and new-age automotive sector, listed on the NSE and BSE. The Ather Energy share price is influenced by operational metrics like sales volume, competitive dynamics, and sectoral trends. The stock exhibits higher volatility, as indicated by its beta, and is held by a range of strategic and institutional investors. Its financial metrics reflect a growth-phase company focused on expansion within the evolving EV market.