Ather Energy Ends First Trading Session 6% Below IPO Price

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SUMMARY

Ather Energy ended its first trading session 7.22% below its listing price at INR 302.50 on the BSE

The shares touched an intraday low of INR 300, a decline of nearly 8% from the listing price

The company ended its first trading session with a valuation of INR 11,266.90 Cr ($1.33 Bn), down 6% from its IPO valuation of INR 11,956 Cr ($1.42 Bn)

After a muted IPO and listing, EV major Ather Energy ended its first trading session 7.22% below its listing price at INR 302.50 on the BSE. Compared to its IPO price of INR…



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Ather Energy Ends First Trading Session 6% Below IPO Price


SUMMARY

Ather Energy ended its first trading session 7.22% below its listing price at INR 302.50 on the BSE

The shares touched an intraday low of INR 300, a decline of nearly 8% from the listing price

The company ended its first trading session with a valuation of INR 11,266.90 Cr ($1.33 Bn), down 6% from its IPO valuation of INR 11,956 Cr ($1.42 Bn)

After a muted IPO and listing, EV major Ather Energy ended its first trading session 7.22% below its listing price at INR 302.50 on the BSE. Compared to its IPO price of INR…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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