Ather Energy share price target goes up to Rs 1,714. What are CLSA, Nomura, and HSBC saying?
· economictimes.indiatimes.com
Ather Energy shares surged up to 18% after the electric two-wheeler maker reported a sharp improvement in its June-quarter performance, prompting global brokerages including Nomura, CLSA, HSBC and Emkay to reiterate bullish views. Analysts cited strong demand, improving margins and capacity expansion, with target prices implying upside of up to 35%.
Why are Nomura, CLSA, HSBC, and Emkay bullish?
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