ATHERENERG

International brokerage Nomura has reiterated its 'Buy' rating on Ather Energy and raised its target price to ₹1,470 from ₹1,120, calling the electric two-wheeler maker its "top pick to ride on EV inflection." The revised target implies an upside potential of 22.5% from the stock's previous closing price of ₹1,200 on the NSE. The brokerage expects electric two-wheeler adoption in India to accelerate over the next few years, positioning Ather as one of the key beneficiaries of the structural shift towards electric mobility.