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Ather Energy Shares Rebound Post IPO Debut: What Investors Should Know Ather Energy's stock experienced a notable recovery following its initial public offering (IPO) debut. After opening at ₹289.90 on the BSE, the share price climbed to an intraday high of ₹311.50, marking a 7% increase during Wednesday's trading session. Despite this rebound, the stock had a modest launch earlier in the week, with shares opening at ₹328 on the NSE and ₹326.05 on the BSE, slightly above the issue price of ₹321. However, by the end of the first trading day, the shares closed at ₹300 on the NSE and ₹302.50 on the BSE, reflecting a decline from the IPO price. Market analysts suggest that investors should exercise caution. Mohit Gulati, CIO and managing partner at ITI Growth Opportunities Fund, notes that while Ather Energy's premium positioning and steady revenue growth are positives, the company faces near-term volatility due to significant investments in capacity and market expansion.
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