Ather Energy Faces Market Challenges Post-IPO Amidst Significant Stock Decline

Ather Energy, a midcap player in the Automobile Two & Three Wheelers industry, has experienced significant activity today, May 7, 2025. Following its recent IPO, which closed on April 30, 2025, the stock has seen a decline of 7.65% from its issue price and a 9.08% drop from its listing price. Today, Ather Energy opened with a gap down of 4.17%, reaching an intraday low of Rs 287.3, marking a decrease of 5.02%.
In terms of performance, Ather Energy underperformed its sector by 1.78%, with a 1D return of -2.00%, compared to the sector's return of -0.27% and the Sensex's return of -0.20%. The stock's market capitalization stands at Rs 11,041.57 crore.

When comparing Ather Energy's quality and valuation metrics with its peers, it is noteworthy that the company does not currently qualify in terms of quality and has no available valuation metrics such as P/E, EV/EBITDA, or PEG ratios. This lack of comparative data highlights the challenges Ather Energy faces in establishing a strong market position within its industry.