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India's Hero MotoCorp to increase stake in Ather with $184 million share purchase
- Hero MotoCorp will invest up to Rs 1,758 crore to buy additional shares in Ather Energy, increasing its stake to 32.8% from 29.88% as of August 25, 2026.
- The shares will be purchased from an existing Ather Energy stakeholder through a cash transaction, but Hero MotoCorp did not disclose the seller's identity.
- The transaction to acquire additional shares in Ather Energy is expected to be completed by September 3, 2026.
- Ather Energy designs, manufactures, sells, and services electric two-wheelers and operates charging infrastructure; it reported a turnover of 3,671.76 crore rupees for the financial year ended March 31, 2026.
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7 Articles
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.
·India
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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%.
·London, United Kingdom
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Coverage Details
Total News Sources7
Leaning Left0Leaning Right4Center2Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
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