HDFC Securities initiates coverage on Ather Energy: 5 factors driving the ‘Buy’ call

HDFC Securities rates Ather Energy as ‘Buy’ with a target price of Rs 409, citing its potential as a major player in the EV industry and a pure-play investment opportunity. The company’s plans for dealership expansion and R&D investment position it for long-term success in the e-2W market, making it a timely opportunity for investors […]