India's Hero MotoCorp to increase stake in Ather with $184 million share purchase

Ather Energy shares rally 4% as Hero MotoCorp plans Rs 1,758 crore investment

Ather Energy shares gained nearly 4% after Hero MotoCorp announced an investment of up to Rs 1,758 crore to raise its stake in the electric two-wheeler maker to around 32.8%. Ather’s turnover has more than doubled in two years, while the stock has surged around 260% over the past year and continues to show a bullish technical setup.

Hero MotoCorp to raise Ather Energy stake to 32.8%

Hero MotoCorp will buy Ather Energy shares worth up to ₹1,758 crore, raising its stake to 32.8% amid intensifying electric two-wheeler competition.

India's Hero MotoCorp to increase stake in Ather with $184 million share purchase

India's Hero MotoCorp on Thursday said ​it would buy additional shares ‌of Ather Energy for up to 17.58 billion rupees ($184.01 million), raising ​its stake in the ​electric scooter maker to 32.8%.

Hero MotoCorp to increase stake in Ather with $184 million share purchase

Hero MotoCorp on Thursday said ​it would buy additional shares ​of Ather Energy for up ‌to 17.58 billion rupees ($184.01 million), raising its stake in the electric scooter maker to 32.8%.

Hero MotoCorp to invest Rs 1,758 crore in Ather Energy, raise stake to 32.8%

Hero MotoCorp's additional investment will increase its fully diluted shareholding in Ather from 29.88% as of August 25, 2026, to up to approximately 32.8%.

India's Hero MotoCorp to invest additional $184 million in Ather Energy

India's Hero MotoCorp on Thursday said it will invest 17.58 billion rupees in Ather Energy, increasing its stake in the electric scooter maker to 32.8%. ...