Archive · 23 Jul 2026
SBI Mutual Fund Reduces Stake in Ather Energy
SBI Mutual Fund has reduced its stake in Ather Energy from 7.2382% to 5.0550%.
This change happened after they sold 6,16,733 shares on 21 July 2026.
Ather Energy's share price has been doing well, with a 66% increase so far this year and a 267% increase over the last year.
The company recently raised funds through a preferential issue, showing strong investor interest.
SBI Mutual Fund reduced its stake in Ather Energy to 5.0550% from 7.2382%.
The fund sold 6,16,733 shares on 21 July 2026.
Ather Energy's share price declined 2.93% to ₹1,231.30 on 23 July.
The stock has surged 66% year-to-date and 267% over the last year.
Ather Energy recently raised ₹199.99 crore through a preferential issue.
- Who
- SBI Mutual Fund
- What
- Reduced stake in Ather Energy
- When
- 21 July 2026
- Where
- India
- Why
- Partial profit booking
Investor Perspective
Company Perspective
Stake Reduction
Investor Perspective
SBI Mutual Fund's reduction in stake may indicate a strategic shift or profit-taking.
Company Perspective
Ather Energy continues to attract significant investment, reflecting strong market confidence.
- Current Stake
- 5.0550%
- Previous Stake
- 7.2382%
- Shares Sold
- 6,16,733
- Share Price on 23 July
- ₹1,231.30
- 52-Week High
- ₹1,343
- 52-Week Low
- ₹329.15
- Year-to-Date Return
- 66%
- 6-Month Return
- 98%
- 1-Year Return
- 267%