ATHER IPO - Review

ATHER IPO - Review 1) Specialises in EV - Two wheeler 2) Promoters - Tarun Mehta, Swapnil Jain & HMCL 3) Issue size is 2980.76 Cr. 4) This company is yet to come in profit 5) Considering the competition in this segment we would advise for avoid 6) EV segment has very tough competition as Bajaj, Hero, Honda and other big players are there as well. 7) this may take some more time for the company to come in profits and hence we would advise for avoid Stock to keep on radar -

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