Ather Energy stock climbs 5 percent following profitable second-quarter earnings

Shares of Ather Energy climbed 5 percent, pushing its cumulative gains over two days to 20 percent following the release of its Q2 FY27 financial results. The electric two-wheeler producer achieved a significant milestone by posting its first-ever quarterly net profit of Rs 1.26 crore. During the same period, revenue expanded by 63 percent year-on-year to Rs 1,464 crore, alongside a positive EBITDA turnaround.

The strong financial performance reflects rapid scale and improving operational efficiencies within the company's manufacturing and retail divisions. International brokerage Nomura reacted to the positive earnings report by upgrading its target price for the stock to Rs 2,070 while maintaining a Buy recommendation.

Investors should monitor future volume growth and margin sustainability as the company scales its electric vehicle production footprint. Shareholders are encouraged to review broker reports and fundamental updates before making fresh commitments at elevated price levels.