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The Economic Times
The Economic Times
Business
Ritesh Presswala

Ather Energy shares rally 6% after Hero MotoCorp approves Rs 1,000 crore additional investment

Ather Energy Hero MotoCorp Ather

Ather Energy's share price rallied 5.80% to Rs 1,271.80 during Wednesday's trading session after Hero MotoCorp approved an additional investment of up to Rs 1,000 crore in the electric two-wheeler manufacturer, reinforcing its long-term commitment to the EV company.

According to the company's regulatory filing, the Committee of Directors (COD) of Hero MotoCorp, at its meeting held on July 14, 2026, approved subscribing to equity shares and other eligible securities of Ather Energy Ltd. through a preferential allotment.

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