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The Economic Times
The Economic Times
Business
Veer Sharma

Ather Energy shares rally 4% after launch of Konarc electric scooter at Rs 99,999. Buy, sell or hold the stock?

Ather Energy Ather Ice IDC Tarun Mehta BSE CLSA India

Shares of Ather Energy rallied 4% to Rs 1,675 on the BSE on Monday after the electric two-wheeler company launched its new Konarc electric scooter at a starting price of Rs 99,999. The company is positioning the new model as a more accessible electric scooter for Indian riders.

The Ather Energy stock is up 132% in the last six months. It will be available in six variants across the S and Z product lines, with IDC range options of up to 200 km.

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