Ather Energy, the Bengaluru-based electric two-wheeler manufacturer, has reached a new milestone in its stock performance, with shares surging to an all-time high of ₹678.50 on October 8, 2025. This 7.8% increase follows HSBC's upward revision of its target price for the company from ₹600 to ₹700, signaling strong investor confidence in Ather's growth trajectory.
HSBC's Optimistic Outlook
HSBC's revised target price reflects the brokerage's positive outlook on Ather Energy's prospects. The firm anticipates a consistent rise in sales volumes, driven by the company's expansion efforts, including an increase in the number of stores. Additionally, HSBC expects Ather's EBITDA loss margin to im
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