Synopsis: Ather Energy shares rose nearly 5% after a Rs. 542 crore block deal involving 87 lakh shares, as NIIF II offloaded up to 2.34% of its stake, seeking liquidity amid strong investor interest in the EV maker.
This company is an Indian electric two-wheeler (E2W) company engaged in the design, development, and in-house assembly of electric scooters, battery packs, charging infrastructure, and supporting software systems is now in the focus after a block deal took place.
With market capitalization of Rs. 24,146 cr, the shares of Ather Energy Ltd are currently trading at Rs. 636.90 per share, increasing nearly 5% in today’s market session, making a high of Rs. 659.90, from its previous close of Rs. 628.55 per share.
About the Block deal
A massive block deal took place in Ather Energy, with 87 lakh shares, representing nearly 2.3% of the company’s equity, traded at a price of Rs. 622.35 per share, amounting to a total transaction value of Rs. 542 crore.
This comes as National Investment and Infrastructure Fund II (NIIF II), which held a 4.67% stake valued at close to Rs. 1,118 crore as of September 2025, moves to offload up to 2.34% of its holdings through this deal.
The sale price was set at Rs. 620 per share, below the market closing price, signaling NIIF’s aim for liquidity and possibly portfolio adjustment as Ather Energy continues to attract significant investor interest.
About the company
Ather Energy Ltd is one of India’s leading electric two-wheeler manufacturers, known for its high-performance electric scooters such as the Ather 450 series. Founded in 2013 and backed by investors like Hero MotoCorp and GIC, Ather focuses on premium EV technology, in-house battery innovation, and a growing fast-charging network across major Indian cities.
Ather Energy reported strong year-on-year growth in Q2FY26, with sales rising 54% to Rs. 899 crore compared to Rs. 584 crore in Q2FY25. EBITDA losses narrowed slightly to Rs. 132 crore from Rs. 139 crore, while net loss improved by 22% to Rs. 154 crore from Rs. 197 crore a year ago. EPS also improved 94% to Rs. –4.05, reflecting better operational efficiency and revenue traction.
Promoters decreased their stake from 42.09% in Q1FY26 to 41.22% in Q2FY26. FII’s stake fell to 23.61% from 24.07%. DII’s stake stands at 23.60% from 24.01%. Public holding increased to 11.58% from 9.82% over the same period.
Written by Manideep Appana
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