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Tuesday, October 27, 2026Updated 10:56 UTC

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Ather Energy shares jump 5%, extend rally to 20% in two days after Q2 results. Can the run continue?

Source: Economic Times · Oct 27, 2026 05:09 UTC

Aerial view of refinery storage tanks near Houston on the Gulf coast — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Ather Energy shares extended their rally on Tuesday after the electric two-wheeler maker reported its first quarterly profit of Rs 1.26 crore in Q2 FY27. Revenue surged 63% year-on-year to Rs 1,464 crore, while EBITDA turned positive. Nomura raised its target price to Rs 2,070 and retained its Buy rating.

Read the full story at Economic Times

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