Hero MotoCorp Raises Ather Stake to 32.8%

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:** Announced a major investment of **₹1,758 crore** to acquire an additional equity stake in **Ather Energy**, increasing its total shareholding to **32.8%**. The investment further strengthens Hero MotoCorp’s strategic relationship with Ather and increases its exposure to India’s rapidly growing electric two-wheeler market. The move aligns with the company’s broader strategy to strengthen its presence in electric mobility and participate in the long-term transition toward EVs. **Stock Commentary:** **Positive;** increasing its stake in Ather gives Hero MotoCorp greater exposure to the fast-growing electric two-wheeler segment. The investment strengthens its strategic position in EVs, although near-term financial returns will depend on Ather’s growth, profitability and market share. **Impact:** **Positive**