StocksMedium•27 October 2026•
1 min read
Ather Energy Shares Surge 7% on First Quarterly Profit and Nomura Top Pick Rating
Key Facts
1Ather Energy reported its first-ever quarterly net profit of ₹1.26 crore in Q2.
2Company revenue rose 62.8% year-on-year to reach ₹1,464 crore.
3Nomura named the company its top pick in the two-wheeler space citing attractive valuations.
Ather Energy reported its first-ever quarterly net profit of ₹1.26 crore in the second quarter, swinging from a loss in the previous year. CNBC TV18 reported that company revenue rose 62.8% year-on-year to reach ₹1,464 crore, supported by a 42% increase in sales volumes.
Nomura named the company its top pick in the two-wheeler space, citing attractive valuations. In related market activity, Nomura Holdings (NMR) shares closed at $8.99 on October 26, 2026.