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Nomura sees 22% upside in Ather Energy. Here's why it's the brokerage's top EV pick

mint - markets · 6h ago · 🇮🇳 India
Nomura sees 22% upside in Ather Energy. Here's why it's the brokerage's top EV pick

Nomura maintains a 'Buy' rating on Ather Energy, raising its target price to ₹1,470 due to strong growth potential. The electric two-wheeler market is expected to significantly expand, with Ather seen as a key beneficiary of the shift towards electric mobility.

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