Ather Energy's 130% Surge Outpaces Tesla and BYD in 2026

Price Action

โดย Bloomberg·

Summary · why it matters

India's electric two-wheeler maker Ather Energy Ltd. is beating global EV stocks this year, with shares surging nearly 130% so far in 2026, while a Bloomberg gauge of 104 EV-related companies is down 1%. The rally has attracted global investors, with BlackRock Global Funds acquiring less than 1% stake via open-market transactions Monday. Backed by Hero MotoCorp Ltd., Ather benefits from India's push to accelerate EV adoption, and analysts see further gains as its market share expands. Emkay Global Financial Services projects Ather's market share to grow to 26% by fiscal year 2028 from 17% at end-March, helped by new launches like the Konarc e-scooter. Nomura analysts note that electrification is at an inflection point in India, and all 14 analysts tracked by Bloomberg recommend buying the stock, with Axis Capital seeing a 22% upside to 2,100 rupees.