27-Oct-2026 08:02:05
ATHERENERGGeneral news
Nomura on Ather Energy ; Buy, TP Rs 2070
2QFY27: EBITDA margin at +0.8% (Nomura: -2.6%, Consensus: -2.7%) Stronger growth visibility with Konarc; reaffirm as top 2W pick Q2 ASPs and margins beat consensus; stronger bookings a key positive Ather trades at 4.0x FY29F EV/sales, which find very attractive considering its much higher growth potential vs peers
ATHER ENERGY LIMITED