Ather Energy Ltd Sees Rs 130.14 Lakhs in Traded Value Amid 12.76% Decline

Ather Energy Ltd, a small-cap player in the automobile industry, has emerged as one of the most active equities today, with a total traded volume of 21,011,711 shares and a total traded value of approximately Rs 130.14 crores. The stock opened at Rs 665.05 and reached a day high of Rs 665.05, but also experienced significant volatility, touching an intraday low of Rs 582.05, reflecting a decline of 12.76% during the trading session.
Currently, Ather Energy's last traded price stands at Rs 627.00, marking a 5.98% decrease for the day, which is notably below the sector's performance of 0.37% and the Sensex's slight gain of 0.02%. The stock has been on a downward trend, having fallen consecutively for four days, resulting in a total decline of 13.25% over this period.

Despite the challenges, there has been a notable increase in investor participation, with delivery volume rising by 41.24% compared to the five-day average. The stock remains liquid enough for trades sized at Rs 3.19 crores, based on 2% of the five-day average traded value. Overall, Ather Energy's performance today reflects a mix of high volatility and declining returns, underscoring the current market dynamics.