Ather Energy jumps 7–8% after ₹1,758 crore HeroCorp deal!!

Ather Energy jumps 7–8% after ₹1,758 crore Hero MotoCorp deal ⚡🛵 Ather Energy shares surged around 7–8% on Friday after Hero MotoCorp moved to increase its investment in the electric two-wheeler company through a transaction worth approximately ₹1,758 crore. The development is strategically important for India's electric-vehicle industry. Hero MotoCorp was already Ather's largest shareholder, holding approximately 29.88% as of August 25. The latest transaction is expected to increase Hero's stake substantially. The deal highlights the growing importance of electric two-wheelers in India's automobile market. Traditional motorcycle manufacturers are increasingly investing in EV technology, while specialised EV companies are attempting to build stronger brands, distribution networks and charging ecosystems. For Hero MotoCorp, increasing its exposure to Ather gives the company a stronger position in the premium electric-scooter segment without having to build the