Ather Energy is trending today after Hero MotoCorp announced

Ather Energy is trending today after Hero MotoCorp announced a ₹1,758 crore investment to raise its stake to 32.8%. The deal triggered a sharp rally, with Ather shares jumping nearly 10% to ₹1,618 on the NSE, marking one of the biggest moves in India’s EV sector this month. ⚡ Key Developments Hero MotoCorp investment: Hero MotoCorp’s board approved an all-cash purchase of shares worth ₹1,758 crore from an existing Ather shareholder. Stake increase: Hero’s holding rises from 29.88% to 32.8%, solidifying its position as Ather’s largest shareholder. Completion timeline: The transaction is expected to close by September 3, 2026, with no regulatory hurdles. Stock performance: Ather Energy surged 7–10% intraday, touching ₹1,579.75 on BSE, while Hero MotoCorp gained 1.6% to ₹5,630. Block deal activity: Around 1.19 crore shares wo