18/6/2025, 5:44:03 pm

Ather Energy to double retail network

Ather Energy plans to expand its retail network to 700 Experience Centers in India by FY26, driven by the success of its Rizta scooter, which sold over 1 lakh units in a year. Rizta now accounts for 60% of sales, broadening market reach. HDFC Securities expects Ather to outpace industry growth, initiating coverage with a 'buy' rating and ₹409 target price.