EV stock to buy: Ather Energy shares - 134% returns in a year, Bank of Baroda Caps sees 19% more upside | Target price
Ather Energy set out an expansion in an energy transition development.
· LiveMint Markets
Ather Energy shares have risen sharply since listing in May 2025. BOBCAPS sees further upside and expects the company’s planned move into the ₹1–1.25 lakh segment to support its expansion into the mass market.
The analysis
Ather Energy reported ₹1, with movement of 19% and 134% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +2.0% on the day at ₹1,434.40, and has returned +17.7% over three months. It sits 17% below its 52-week high. The auto sector has moved -4.6% over the same period, so Ather Energy is running 22.3 points ahead of its peers.
With Ather Energy, Bank of Baroda and Bank of India all implicated, this reads as a Auto-level move rather than a company-specific one, which is the more durable kind of signal.
Why it matters
- The shift to renewables is redrawing which energy names are structural winners versus stranded.
Market context
- It touches several names at once (ATHERENERG, BANKBARODA, BANKINDIA), which points to a sector-level rather than company-specific driver.
- Sector exposure: Auto, Banks.
- The immediate tone of coverage reads positive.
In this story
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