Why We Picked Ather Energy
We picked Ather Energy as a play on the long-term growth of India’s electric two-wheeler market. EVs currently account for only around 6.5% of overall two-wheeler sales in FY26, while penetration is expected to reach around 35% by FY31, leaving a large runway for growth.
Within this growing market, Ather is gaining market share, expanding its product and distribution network, and steadily improving its unit economics. With the upcoming EL platform and Factory 3.0, we believe the company has good potential to scale volumes and improve profitability over the coming years.
Riding from ₹900+ levels as part of our ValueVest research service.
📌This is not a buy or sell recommendation
9August 26, 2026 1.6K 1
