Ather Energy Sees Surge in Trading Volume and Investor Participation Amid Positive Momentum

Ather Energy Ltd, a small-cap player in the automobiles sector, has emerged as one of the most active equities today, with a total traded volume of 20,738,470 shares and a total traded value of approximately Rs 101.16 crores. The stock opened at Rs 465.05 and reached a day high of Rs 512.8, while the day low was recorded at Rs 445.3. The last traded price stands at Rs 489.3, reflecting a 2.07% increase for the day.
Notably, Ather Energy is currently trading close to its 52-week high, just 3.51% away from Rs 512.8. The stock has shown strong performance, outperforming its sector by 1.79% and gaining 15.16% over the last three days. It has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.

Investor participation has also surged, with a delivery volume of 252,000 shares on September 1, marking a significant increase of 313.88% compared to the 5-day average. The liquidity of the stock remains favorable, supporting a trade size of Rs 6.14 crores based on 2% of the 5-day average traded value. Overall, Ather Energy's performance today highlights its active market presence and positive momentum.