Ather Energy share price hits record high as rally extends to 4th day, trades 110% above IPO price
It was another bullish day for Ather Energy, as the stock advanced 7.5% to hit a record high of ₹683.80 apiece on heavy volumes. The rally marked a four-day winning streak, pushing the stock to trade 110% above its IPO price of ₹321.
The stock of the electric two-wheeler maker has been on an upward trajectory over the last four months, closing each of those months higher. The momentum has further extended into October, with the stock gaining another 19% so far.
