Ather Energy shares jump sharply after strong quarterly results

Market Movement

Shares of Ather Energy rose sharply on Tuesday morning after opening with an upside gap at 1,607 rupees per share on the NSE. The stock touched a high of 1,702 rupees per share within minutes of the opening bell, gaining eight percent compared to the previous day close of 1,575 rupees. The company's stock has previously moved from 740 rupees to 1,700 rupees, delivering over 125 percent returns in 2026.

Expert Views

Market experts state that Ather Energy has reported strong results for the second quarter of 2026, shifting from a loss-making status to a profit-making business during the September quarter. Seema Srivastava, Senior Research Analyst at SMC Global Securities, notes that the company expects strong sales during the festival season to positively impact its balance sheet in the third quarter. Sumeet Bagadia, Executive Director at Choice Broking, advises existing shareholders to hold the stock with a stop-loss below 1,640 rupees for an immediate target of 1,750 rupees, and a potential near-term rise to 1,800 rupees.

Context

Stock market analysts often review company earnings reports and seasonal sales trends to guide investor decisions during active trading sessions. Share prices fluctuate based on quarterly financial performance, market demand, and technical chart indicators.